Synchrony Financial

Synchrony is a consumer financial services company headquartered in Stamford, Connecticut, United States. The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products through Synchrony Bank, its wholly owned online bank subsidiary.

(source: synchrony.com)

Kroger Considers Expanding Ban On Visa Card Acceptance
Kroger Considers Expanding Ban On Visa Card Acceptance
July 31, 2018  |  VISA

Kroger might expand on a ban on Visa credit cards imposed by its unit in California — proof that retailers are ready to fight back...

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Walmart Mulling Capital One For Its Credit Card Partnership
Walmart Mulling Capital One For Its Credit Card Partnership
July 12, 2018  |  Partnerships / Acquisitions

Walmart is mulling shifting its branded credit card business to Capital One Financial from Synchrony Financial as it aims to expand the company’s mobile payments...

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Synchrony To Acquire Loop Commerce
Synchrony To Acquire Loop Commerce
May 10, 2018  |  Partnerships / Acquisitions

Synchrony Financial announced today (May 10) that it will acquire Loop Commerce, the digital gifting platform used by retailers to make every product giftable. Using...

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PayPal Restructures PayPal Credit, Sells Receivables To Synchrony Financial
PayPal Restructures PayPal Credit, Sells Receivables To Synchrony Financial
November 17, 2017  |  Partnerships / Acquisitions

PayPal announced Thursday (Nov. 16) that it is selling $6.8 billion in receivables to Synchrony Financial. In a press release, PayPal said it’s selling $6.8...

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What’s In Your Wallet? A PayPal Credit Card
What’s In Your Wallet? A PayPal Credit Card
August 31, 2017  |  Cash

From digital to plastic ... and back again, with cash in hand or wallet or digital wallet to boot. PayPal has announced a cash back card...

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Credit Cards Sizzle, Debt Fizzles And Alibaba Crushes Earnings
Credit Cards Sizzle, Debt Fizzles And Alibaba Crushes Earnings
August 18, 2017  |  Sizzle/Fizzle

It’s Friday, which can only mean one thing — time to see what Sizzled and what Fizzled this week. Sizzle: Retail Sales: Research firms like Seeking...

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Socure Grabs $13.9M In Funding, Eyes Market Growth
Socure Grabs $13.9M In Funding, Eyes Market Growth
August 09, 2017  |  Investments

Digital identity verification company Socure announced news this morning (Aug. 9) that it closed a Series B funding round for $13.9 million. The financing — from...

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Store-Branded Credit Cards Draw Profits, Unlike The Rest Of Retail
Store-Branded Credit Cards Draw Profits, Unlike The Rest Of Retail
May 12, 2017  |  Retail

Amid the brick-and-mortar woes of retailers such as Macy’s, is there a silver lining to be spun from credit cards? The New York Times reports...

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Synchrony Financial Stock Takes The Plunge
Synchrony Financial Stock Takes The Plunge
May 01, 2017  |  Stock Index

Not every investment is worthwhile. That’s the lesson Synchrony Financial learned following the downturn of its loans in Q1 2017. The supply for these loan losses rose...

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