Company Wins CIO 100 Award for New Banking Platform
RIVERWOODS, Ill.--(BUSINESS WIRE)--Aug. 27, 2015--
Discover Financial Services (NYSE: DFS) has been recognized by IDG’s CIO
magazine as a recipient of the 2015 CIO 100. The 28th annual
award program honors companies that develop innovative information
technology initiatives that drive measurable business results.
Discover, a leader in the direct banking industry, earned a spot on the
list by implementing a cutting edge banking platform that allows the
company to better meet the needs of its customers while providing the
flexibility to quickly introduce new products and services. The new
platform provides Discover’s customer service agents with a single
cohesive view of the customer relationship and real-time automation
resulting in improved service and efficiency. The flexibility of the new
platform also provides the ability to quickly innovate and more easily
incorporate and adapt to compliance requirements.
“We successfully merged leading edge software, innovative architecture
and customer-focused design principles to produce a one-of-a-kind
banking platform,” said Glenn Schneider, executive vice president and
CIO at Discover. “Discover is now poised to continue providing our
customers with excellent service while helping them achieve a brighter
financial future.”
Recipients of this year's CIO 100 Award were selected through a
three-step process. First, companies filled out an online application
detailing their innovative IT and business initiatives. Next, a team of
external judges (many of them former CIOs) reviewed the applications in
depth, looking for leading-edge IT practices and measurable results.
Finally, CIO editors reviewed the judges' recommendations
and selected the final 100.
"For 28 years now, the CIO 100 awards have honored the innovative use of
technology to deliver genuine business value," said Maryfran Johnson,
Editor in Chief of CIO magazine & events. "Our 2015 winners
are an outstanding example of the transformative power of IT to drive
everything from revenue growth to competitive advantage."
About CIO
CIO is the premier content and community resource for information
technology executives and leaders thriving and prospering in this
fast-paced era of IT transformation in the enterprise. The award-winning
CIO portfolio--CIO.com,
CIO magazine (launched in 1987), CIO executive programs, CIO
strategic marketing solutions, CIO Forum on LinkedIn, CIO Executive
Council and CIO primary research—provides business technology leaders
with analysis and insight on information technology trends and a keen
understanding of IT’s role in achieving business goals. Additionally,
CIO provides opportunities for IT solution providers to reach this
executive IT audience. The CIO Executive Council is a professional
organization of CIOs created to serve as an unbiased and trusted peer
advisory group. CIO is published by IDG Enterprise, a subsidiary of
International Data Group (IDG), the world’s leading media, events, and
Research Company. Company information is available at www.idgenterprise.com.
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 issues
the Discover card, America's cash rewards pioneer, and offers private
student loans, personal loans, home equity loans, checking and savings
accounts, certificates of deposit and money market accounts through its
direct banking business. It operates 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 more than 185 countries and
territories. For more information, visit www.discover.com/company.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150827005160/en/
Source: Discover Financial Services
Discover
Rob Weiss
224-405-6304
robertweiss@discover.com