Discover Financial Services - Company Profile
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Discover Financial Services (DFS) is a direct banking and payments services company. Adequate capital, business performance, and net interest margin are its major strengths; even as its declined non-interest income could be a cause for concern. The growing market for payment channels in the US, strategic initiatives, and the short-term economic outlook of the US may provide ample growth opportunities for the company. However, the risks related to online theft and hacking, the emergence of neo-banks, and stiff competition could adversely impact its business performance.
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