DFS - Discover Financial Services - Stock & Dividends

Discover Financial Services is a leading provider of digital banking products and services, as well as payment solutions, in the United States. Through its subsidiaries, the company operates two primary segments: Digital Banking and Payment Services.

The Digital Banking segment offers a range of financial products and services to individuals, including Discover-branded credit cards, personal loans, home loans, and other consumer lending options. Additionally, the segment provides direct-to-consumer deposit products, such as savings accounts, certificates of deposit, money market accounts, IRA certificates of deposit, IRA savings accounts, checking accounts, and sweep accounts. This allows customers to manage their finances effectively and make informed decisions about their money.

The Payment Services segment operates the PULSE network, which provides access to automated teller machines, debit, and electronic funds transfer services. This network enables merchants and financial institutions to process transactions efficiently and securely. The segment also includes Diners Club International, a payments network that issues Diners Club branded charge cards and provides card acceptance services to merchants. Furthermore, the segment offers payment transaction processing and settlement services, facilitating the exchange of funds between parties.

With a rich history dating back to 1960, Discover Financial Services is headquartered in Riverwoods, Illinois, and has established itself as a trusted and innovative player in the financial services industry. For more information, please visit their website at https://www.discover.com.