Discover Financial Services Watchlist

Discover Financial Services: A Strong Player in the Credit Card Business

T. Reich
Reading Time: 2 minutes

Discover Financial Services is one of the leading providers of credit cards and financial services in the USA. In addition to the well-known Discover credit card network, the company also offers personal loans, online banking, and student loans. Discover has made a name for itself in the direct banking business with attractive interest rates and a strong digital presence. While competitors like Visa and Mastercard primarily operate as payment networks, Discover runs its own closed system, acting both as a card issuer and a network operator. This...

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