PYMNTS-MonitorEdge-May-2024

synchrony

Synchrony and ServiceTitan Team to Offer Home Improvement Financing
Synchrony and ServiceTitan Team to Offer Home Improvement Financing
April 30, 2024  |  Partnerships

Consumer finance company Synchrony has launched a partnership with contractor-focused software platform ServiceTitan. The collaboration is designed to make it easier for contractors to offer...

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Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
April 24, 2024  |  Earnings

Synchrony Financial reported its Q1 earnings Wednesday (April 24), showing broad-based growth throughout its lending and credit platforms, continued momentum in consumer spending and some...

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Synchrony: Addressing Women’s Economic Needs Can Improve Healthcare
Synchrony: Addressing Women’s Economic Needs Can Improve Healthcare
April 19, 2024  |  Healthcare

Health is wealth, in more ways than one. That’s because disparities in healthcare spending between patients are highly correlated to disparities in health outcomes. And,...

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Skipify and Synchrony Team on Frictionless Checkouts
Skipify and Synchrony Team on Frictionless Checkouts
March 13, 2024  |  Faster Payments

Checkout-centric FinTech Skipify has launched a partnership with consumer finance company Synchrony. The collaboration, announced Wednesday (March 13), “leverages Skipify’s payment infrastructure to provide simplified and enhanced checkout for...

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Synchrony Finalizes $2.2 Billion Ally Lending Acquisition
Synchrony Finalizes $2.2 Billion Ally Lending Acquisition
March 04, 2024  |  Acquisitions

Synchrony has completed its purchase of Ally Lending, Ally Financial’s point-of-sale (POS) financing business. The deal, first announced in January, includes $2.2 billion of loan receivables and a loan portfolio...

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Synchrony Says KYC Will Determine Authentication’s Future
Synchrony Says KYC Will Determine Authentication’s Future
February 26, 2024  |  Authentication

Authentication in the payments space is continuously evolving. But one constant is that any innovation needs to strike a winning balance between enhancing security and...

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Synchrony and PatientNow Team to Help Fund Elective Procedures
Synchrony and PatientNow Team to Help Fund Elective Procedures
January 30, 2024  |  Partnerships

PatientNow, a practice management company for the elective medical industry, has teamed up with consumer finance firm Synchrony. The partnership means that Synchrony’s CareCredit health and...

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Private-Label Card Pressures May Signal Spending Pullback
Private-Label Card Pressures May Signal Spending Pullback
January 30, 2024  |  Consumer Insights

Where there’s smoke, there’s fire, goes the old aphorism. In the credit card space, and within the private-label subset of that industry, the flames are...

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The Role of Wellness Financing in Improving Health Outcomes and Building Customer Loyalty
The Role of Wellness Financing in Improving Health Outcomes and Building Customer Loyalty
January 30, 2024  |  Healthcare Financing

Financial health is a core component of overall health. The connection between financial stability and health is well established, and providing financial options can have...

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