RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services recently joined the Banking Industry Architecture Network, a not-for-profit industry standards association, to leverage a banking-industry-specific framework and standard messaging to speed the delivery of new products and services.
The network’s objectives are the reduction of integration costs and maintenance of a service-oriented architecture for information technology in the banking industry.
Discover will be active in the newly forming North American chapter of the network.
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 and certificates of deposit 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.