DFS DISCOVER FINANCIAL SERVICES

Discover Recognized as a CIO 100 Award Winner

Discover Financial Services has been selected as a recipient of the 2017 CIO 100 award. The 30th annual award program recognizes organizations that exemplify the highest level of operational and strategic excellence in information technology.

“Fueled by convenience and ease-of-use, consumers are driving significant growth in digital payments,” said Glenn Schneider, executive vice president and chief information officer at Discover. “To quickly enable innovative mobile, web or IoT payment methods, Discover created a state-of-the-art, flexible platform to support seamless integration with new digital payments partners.”

Using scaled agile and automated testing frameworks, Discover built a reusable platform to simultaneously enable multiple digital payments partners with minimal intervention. The cloud-based solution utilizes standardized services and open APIs for faster testing and deployment. Discover made it a top priority to ensure delivery of an efficient and scalable solution for digital payments partners.

"Technology innovation and business value have always been at the heart of our CIO 100 awards, which honor the IT organizations thriving on the front lines of the digital revolution," said Maryfran Johnson, editor in chief, CIO Events. "This year's winning companies are outstanding examples of how IT leadership, business collaboration and customer engagement are shaping the future."

Executives from the winning companies will be recognized at The CIO 100 Symposium & Awards Ceremony, to be held Wednesday, August 16th, at the Broadmoor Resort in Colorado Springs, Colorado.

About the CIO 100

Recipients of this year's CIO 100 Award were selected through a three-step process. First, companies filled out an online application form 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' evaluations and selected the final 100.

Coverage of the 2017 CIO 100 Awards will be available online at CIO.com in August and in the July/August issue of CIO's digital magazine.

About CIO:

CIO from IDG 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 executive programs, CIO Strategic Marketing Services, 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 IDG. Company information is available at http://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 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.

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03/05/2017

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