Discover

Discover's primary activity is the provision of financial services, primarily focused on credit cards, online banking and personal loans. The company offers a range of products and services including:

• Credit cards
• Online banking services
• Personal loans
• Student loans
• Home equity loans
• Payment networks (Discover Network, Diners Club International, PULSE)

Discover primarily serves individuals and consumers in the United States, but also operates internationally through its payment networks. Its mission is to help people better manage their spending, their debts and their savings for a more financially secure future.

Discover was founded in 1986 with the launch of the Discover credit card, which stood out from the start by having no annual fees and offering a cashback program for customers. Over the years, the company has expanded its range of financial products and services, including credit cards, online banking, personal loans, student loans, home loans, and payment services.

Among the key milestones in its development, Discover acquired Diners Club International, thereby strengthening its global presence in the payments sector. The company also developed the Discover Network and the PULSE payment network, expanding its transaction processing capabilities and partnerships with other financial institutions.

Over time, Discover adopted a strategy focused on digital innovation, launching online banking services and a mobile app to meet customers’ needs for remote financial management. The company has also engaged in social and environmental responsibility initiatives, while emphasizing inclusion and diversity within its teams.

Today, Discover is recognized for its customer service, its commitment to security and the simplicity of its products, and continues to innovate in the financial services sector.

Discover was founded in 1985 by Sears, Roebuck and Co. The main founder is therefore the company Sears, which launched the Discover card at the Chicago World's Fair that year.

The main members of the current executive team of Discover Financial Services include:

• Michael G. Rhodes – President and Chief Executive Officer (CEO)
• John Greene – Chief Financial Officer (CFO)
• Angel A. Hernández – General Counsel
• Julie Loeger – Chief Marketing Officer
• Roger C. Hochschild – Former CEO, currently a member of the Board of Directors

The executive team may change, but these names represent the main leaders of Discover in recent years.