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Discover Honored for Customer Service Technology Innovation

InformationWeek Recognizes Discover's Technology for Providing Real-Time Personal Solutions during Customer Service Calls

RIVERWOODS, Ill., Oct 14, 2010 (BUSINESS WIRE) -- The implementation of technology that allows customer service representatives to personalize customer interaction by drawing from real-time data sources has earned Discover a place on the 2010 InformationWeek 500 list of the most innovative users of information technology. This is the fifth consecutive year that Discover has made the list.

InformationWeek recognized Discover for implementing a new platform that tracks all customer contacts through various channels and uses a decision engine to aggregate and process this information on a real-time basis. This gives customer service representatives the ability to provide custom and valuable assistance during service calls.

"Discover integrates technology with the needs and goals of the business to continuously create solutions that drive value to our customers," said Glenn Schneider, chief information officer at Discover. "Our customer service personalization platform provides faster customer-focused solutions and saves call time for our cardmembers and employees."

InformationWeek identifies and honors the nation's most innovative users of information technology with its annual 500 listing and also tracks the technology, strategies, investments and administrative practices of America's best-known companies.

"For 22 years, the InformationWeek 500 has honored the most innovative users of business technology," said InformationWeek Editor In Chief Rob Preston. "As we start to emerge from the worst recession in decades, the IT focus is now on driving growth - new sources of revenue, new relationships with customers, even new business models. This year's ranking placed special emphasis on those companies and business technology executives leading that charge."

Additional details on the InformationWeek 500 can be found online at http://www.informationweek.com/iw500.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company operates the Discover card, America's cash rewards pioneer, and offers personal and student loans, online savings accounts, certificates of deposit and money market accounts through its Discover Bank subsidiary. Its payment businesses consist of 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. For more information, visit http://www.discoverfinancial.com.

SOURCE: Discover Financial Services

Discover
Jon Drummond, 224-405-1888
jondrummond@discover.com