InformationWeek 500 Ranking Highlights Discover(R) MotivaSM Card Launch and Mobile Banking Demonstration
RIVERWOODS, Ill., Oct 01, 2008 (BUSINESS WIRE) -- Discover Financial Services has been named to the 2008 InformationWeek
500 list of the most innovative users of information technology for the
third consecutive year.
InformationWeek recognized Discover for its technology success
with two projects: creating the technology behind the new Discover(R)
MotivaSM Card and testing the viability of
mobile banking. The company ranked No. 144 overall on the annual list.
"Much of Discover's
success over the years has come from keeping our work focused on the
needs and expectations of our customers," said
Diane Offereins, Discover's chief technology
officer. "This recognition of our high-profile
projects also stands as a testament to the talent and hard work that all
of our technology teams bring to their jobs every day, regardless of the
task."
The InformationWeek list, now in its 20th
year, is unique among corporate rankings because it spotlights the power
of innovation in information technology, rather than simply identifying
the biggest IT spenders.
"For 20 years, the InformationWeek 500 has
honored the most innovative users of business technology,"
said InformationWeek Editor-in-Chief Rob Preston. "Year
after year, InformationWeek 500 companies harness technology to improve
efficiency, boost productivity, drive revenue, and establish a
competitive advantage. We applaud this year's
winners, and the CIOs and other executives whose ingenuity and risk
taking are at the center of business technology innovation."
For details on the InformationWeek 500, visit www.informationweek.com/iw500/.
About Discover Financial Services
Discover Financial Services (NYSE: DFS) is a leading credit card issuer
and electronic payment services company with one of the most recognized
brands in U.S. financial services. The company operates the Discover
Card, America's cash rewards pioneer. Since its inception in 1986, the
company has become one of the largest card issuers in the United States.
Its payments businesses consist of 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 185 countries and territories. For
more information, visit www.discoverfinancial.com.
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SOURCE: Discover Financial Services
Discover Financial Services
Jon Drummond, (224) 405-1888