Diners Club International
Diners Club Type Subsidiary of Discover Financial Industry Finance Founded 1950 ; 68 years ago ( 1950 ) Founder Frank X. McNamara Ralph Schneider Matty Simmons Alfred S. Bloomingdale Headquarters Riverwoods, Illinois , United States Area served Worldwide Key people Eduardo Tobon (President & CEO) [1] Products Charge and Credit cards Parent Discover Financial Bank of Montreal [2] (North American operations) Website www.dinersclub.com Diners Club International ( DCI ), founded as Diners Club , is a charge card company owned by Discover Financial Services. Formed in 1950 by Frank X. McNamara, Ralph Schneider, Matty Simmons, and Alfred Bloomingdale, it was the first independent credit card company in the world, and it established the concept of a self-sufficient company producing credit cards for travel and entertainment. [3] Diners Club International and its franchises service individuals from around the globe wi