SECTOR. Discover Financial Services, Inc. is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards.It also owns and operates the Discover and Pulse networks, and owns Diners Club International. [8], In April 2005, Morgan Stanley announced that it would divest Discover Financial Services as an independent company within six months. Discover is currently headquartered in the Chicago suburb of Riverwoods, Illinois. Riverwoods, United States; Industry Other Industries; No logo available. [11] Discover Bank is mainly an online financial institution that offers many financial services such as checking accounts, savings accounts, and money market accounts. [4], Sears introduced the Discover credit card in 1985 in conjunction with real estate franchise Coldwell, Banker & Company and brokerage firm Dean Witter Reynolds. 2018; 2017; 2016; 2015; 2014; 2013; 2012; 2011; 2010; 2009; 2008; 2007; Plan Rating . If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Back to DFS Overview ©2020, EDGAR®Online, a division of Donnelley Financial Solutions. However the first and original location of The Greenwood Trust Company on East Market Street is still operating and is the only physical banking location of Discover Bank. By employees By candidates. Culture Culture New. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Since its inception in 1986, the company has become one of the largest card issuers in the United States. On June 6, 2012, Tree.com, Inc. completed the sale of substantially all of the operating assets of its Home Loan Center, Inc. business to a wholly owned subsidiary of Discover Financial. Overview. Discover Financial Services: Number of Employees 2007-2020 | DFS, Discover Financial Services total number of employees in 2019 was, Discover Financial Services total number of employees in 2018 was, Discover Financial Services total number of employees in 2017 was, Discover Financial Services total number of employees in 2016 was. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. A brighter future. Financial Services. It was acquired by Discover in 1985 and renamed Discover Bank in 2000. Discover Financial Services: What's it like to work here? Discover Financial Services is a direct banking and payment services company headquartered in Riverwoods, Ill. Build a Credit History. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Discover Financial Services total number of employees in 2017 was 16,500, a 6.12% increase from 2016. The company announced in 2010 that it had received approval to pay back the funds. Recommendation. Excellent (4-5) 105 reviews . Since its inception, the company has become one of the largest card issuers in the United States. We are Discover ® Global Network. 88 % 88. 4.3. kununu Score. This independent company was called Dean Witter, Discover & Co. Discover Financial Services works in the Financial Services industry, specialising in Consumer Lending, Consumer Savings, Credit Cards, Deposit Products, Financial Services, Home Loans, Payment Technology, Payments, Personal Loans, Student Loans. Filter reviews. In 1993, Sears sold off its financial services branch with Dean Witter Reynolds in charge of Discover. Overview. In August 2005, the company confirmed it would not sell Discover. Box 6103 Carol Stream, IL 60197-6103 Customer Service - General Inquiries Discover Financial Services P.O. Uniting the reach, technologies and expertise of Discover ® Network, Diners Club International ® and PULSE ®, we process billions of transactions annually across 200 countries and territories.And together, we can help your business find a better way. Discover Financial Services is an equal opportunity employer (EEO is the law). By June, industry sources reported that Morgan Stanley was reassessing its plan to spin off Discover. Questions. [15] On June 12, 2012, Discover began originating mortgages with its launch of Discover Home Loans, offering prime variable- and fixed-rate conventional and FHA home mortgage loans. Discover Financial Services, Inc. How We Work If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Discover Financial Services is a corporation in Riverwoods, Illinois. Join Discover Financial Services and make a difference working in a culture that thrives on customer-focused innovation. In exchange for the assets sold, Discover paid an aggregate of $45.9 million including payments made prior to the closing which were applied to the closing price. Uncover why Discover Financial Services is the best company for you. Business data for Discover Financial Services: This page was last edited on 5 December 2020, at 03:01. Financials . The company issues the Discover card, America's cash rewards pioneer, and offer private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. Starting in February 2006, Discover announced that it would begin offering Discover Debit, a debit product, to other financial institutions. Reviews from Discover Financial Services employees about Discover Financial Services culture, salaries, benefits, work-life balance, management, job security, and more. Reviews from Discover Financial Services employees about Discover Financial Services culture, salaries, benefits, work-life balance, management, job security, and more. SEE QUOTE. It specializes in Payment systems and employs 15,549 (As of January 31, 2017) employees. Discover is the third largest credit card brand in the U.S. based on the number of cards in circulation, behind Visa and MasterCard, with 57 million cardholders. Altogether, these companies operated under the banner Sears Financial Network. Plan Information. A free inside look at company reviews and salaries posted anonymously by employees. The company was incorporated in 1985 and is located in Riverwoods, United States. It operates the Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories. 140 reviews from employees . Discover Financial Services | 107,811 followers on LinkedIn | We are Discover. 2,160 Discover reviews. INDUSTRY. In February 2006, Discover Financial Services announced that it would begin offering Discover debit cards to other financial institutions, made possible by the acquisition of Pulse. Verify Discover Employees. This independent company was called Dean Witter, Discover & Co. Discover Financial Services has an estimated revenue and employee … Discover Financial Services P.O. Read employee reviews for Discover Financial Services. However, in December 2006, Morgan Stanley announced it would spin off Discover as a standalone company by the end of August 2007, stating that both companies will be better positioned for growth and success as separate entities. Discover Financial Services, Inc. is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. Discover Financial Services manages automated teller machine networks. It also owns and operates the Discover and Pulse networks, and owns Diners Club International. As of 12/17/2020 . Discover Financial Services | 113,109 followers on LinkedIn. Please check your download folder. Plus, check news, investor relations, and careers. A History of Innovation In 1986, we introduced our cash back credit card that rewards loyalty. Discover Financial operates under Credit Services classification in the United States and is traded on New York Stock Exchange. In 1997, Dean Witter, Discover & Co. merged with investment banking house Morgan Stanleyto become Mo… SSL certificate for Discover Financial Services, Inc. was issued by Symantec Corporation to a website domain: www.discovercard.com. Discover Card is the third largest credit card brand in the United States, when measured by cards in force, with nearly 50 million cardholders. Altogether, these companies operated under the banner Sears Financial Network. Truework allows you to complete employee, employment and income verifications faster. [9] Ahead of schedule on June 30, 2007, Discover was spun off as an independent, publicly-traded company.[10]. Learn More 86% of employees at Discover Financial Services say it is a great place to work compared to 59% of employees at a typical U.S.-based company . Learn about Discover Financial Services culture, salaries, benefits, work-life balance, management, job security, and more. We thrive on diversity & inclusion. Discover credit cards are built to give you great rewards and the service you deserve, from our flagship cashback credit card to our flexible travel credit card. In April 2008, Discover Financial and Citigroup announced that Discover was purchasing the Diners Club International network from Citigroup for $165 million. In 1993, Sears sold off its financial services branch with Dean Witter Reynolds in charge of Discover. Bank.[19]. It employs 17200 people. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Discover Financial Services. DC7:SW 77.18 CHF. The same way we treat our employees is how we treat all applicants – with respect. Since then, we’ve continued to challenge the industry with Find out what works well at Discover Financial Services from the people who know best. 140 Reviews. Print; Form 5500 Year: 2018. CURRENT PRICE. The employer identification number (EIN) for Discover Financial Services is 362517428. See the company profile for Discover Financial Services (DFS) including business summary, industry/sector information, number of employees, business summary, corporate governance, key … Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services. Diners Club cards will continue to be issued by Diners Club International licensees. 75. In 2005, Discover acquired Pulse, an interbank electronic funds transfer network. [6], On March 5, 2002, the company announced that the Account Center at Discovercard.com had registered over eight million card members, an increase of 61% since January 2001. Compare pay for popular roles and read about the team’s work-life balance. Discover Financial Services is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. [17] Unlike Visa and MasterCard, Discover directly issues its cards as both the card network and associated bank, through its Discover Bank unit. The employee experience below at Discover Financial Services, compared to a typical U.S. based company. Discover Financial Services is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. The Greenwood Trust Company was founded in 1911 and was based in Greenwood, Delaware. Compare credit cards to find which offer is right for you. [16], In the United States, Discover, as a card network, competes primarily with Visa, MasterCard, and American Express. 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