Annual Award Honors Top Technology Innovators
RIVERWOODS, Ill.--(BUSINESS WIRE)--Aug. 17, 2009--
Discover Financial Services (NYSE: DFS) has been recognized by CIO
magazine as one of the top 100 innovative organizations that effectively
uses information technology to create measurable business value.
“The benefits of the Integrated Decisioning System Project, which
enabled Discover to significantly improve time-to-market for analytic
models and strategies, exceeded our expectations,” said Glenn Schneider,
senior vice president and chief information officer at Discover. “The
team delivered a truly innovative solution that allows us to quickly
respond to the changing needs of our customers.”
The selection process for choosing this year's CIO 100 winners included
an application detailing innovative practices in business and
technology, and a review by CIO magazine editors. Discover also made the
list in 2006, 2007 and 2008.
“This year’s CIO 100 awards draws well-deserved attention to companies
that are both innovating and creating business value with IT despite the
economic downturn,” said Maryfran Johnson, Editor in Chief of CIO
magazine & Events. “These winners are an inspiration to businesses
everywhere.”
The 2009 awards will be presented in Colorado Springs, Colo., on Aug. 25
at the 11th annual CIO 100 Symposium® and Awards Ceremony.
Coverage of the 2009 CIO 100 awards is in the Aug. 1 special issue of CIO
magazine and available online at www.cio.com.
About Discover
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. 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 student and personal loans, as well as savings products such
as certificates of deposit and money market accounts. Its payments
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 185 countries and territories. For more information, visit www.discoverfinancial.com.
Source: Discover Financial Services
Discover Financial Services
Jon Drummond
Corporate Public
Relations
224-405-1888
jondrummond@discover.com