As of October 2, 2023, Discover Financial has made a significant commitment to bolster its consumer compliance management system, elevate corporate governance and enterprise risk management practices, and strengthen oversight, as stated in a recent SEC filing. This move comes as part of a consent agreement reached with the FDIC. While the filing does not delve into the specifics of the actions Discover Financial will undertake to meet these obligations, it signifies the company’s dedication to enhancing its compliance framework and ensuring the utmost protection for its customers.
Discover Financial Services
DFS
Strong Buy
