Tag: Synchrony
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Synchrony to buy Ally’s POS lending unit
Synchrony Financial, a leading consumer financial services company, has announced its plans to acquire Ally Financial’s point-of-sale (POS) lending unit in a strategic move to expand its reach and offerings in the retail finance market. Ally Financial, a leading digital financial services company, decided to divest its POS lending unit as part of its long-term…
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Synchrony to acquire Ally Financial’s POS financing business
Synchrony to Acquire Ally Financial’s POS Financing Business Synchrony, a leading consumer financial services company, announced its plans to acquire Ally Financial’s Point-of-Sale (POS) financing business. The strategic move aims to strengthen Synchrony’s presence in the retail financing sector and provide customers with enhanced financing options. Expanding Market Reach With this acquisition, Synchrony will…
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Synchrony’s browser extension optimises online checkout
Synchrony’s Browser Extension Optimises Online Checkout Synchrony, a leading provider of consumer financial services, has recently released a revolutionary browser extension aiming to enhance the online shopping experience. With the rapid growth of e-commerce, consumers often face hurdles during the checkout process. However, Synchrony’s innovative technology is designed to eliminate these obstacles and streamline…
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Synchrony, Bread plan offsets to late fee cap
Synchrony and Bread Join Forces to Offset Late Fee Cap In an effort to support responsible borrowing and improve customer experience, Synchrony Financial and Bread have recently announced a strategic collaboration aimed at offsetting the impact of late fee caps. This unique partnership seeks to benefit both companies while promoting fair lending practices. The Challenge…
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Synchrony to sell pet insurance subsidiary for $750M gain
Synchrony Financial to Sell Pet Insurance Subsidiary with $750M Gain In a recent announcement, Synchrony Financial revealed its plans to sell its pet insurance subsidiary, Synchrony Care, for a staggering $750 million gain. This strategic move comes as part of Synchrony’s ongoing efforts to streamline its operations and focus on its core business offerings. The…