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Guitar Center

Press Release

10/18/2016

Guitar Center and Synchrony Financial Launch New Credit Card Rewards Program

Musicians and music lovers can now earn reward points when shopping for instruments, recording equipment and accessories at Guitar Center, the world’s largest musical instrument retailer.

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Synchrony

Press Release

10/21/2016

Synchrony Financial Reports Third Quarter Net Earnings of $604 Million or $0.73 Per Diluted Share

STAMFORD, Conn.--(BUSINESS WIRE)--Synchrony Financial (NYSE:SYF) today announced third quarter 2016 net earnings of $604 million, or $0.73 per diluted share. Highlights for the quarter included

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Mobile Apps

Press Release

10/24/2016

Synchrony Financial Plug-in Easily Integrates Credit into Retailers’ Mobile Apps

To further enhance the mobile shopping experience for cardholders, Synchrony Financial (NYSE:SYF) has introduced a fully-integrated Synchrony plug-in credit feature for the popular mobile apps of leading retail partners.

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Synchrony

Press Release

01/20/2017

Synchrony Financial Reports Fourth Quarter Net Earnings of $576 Million or $0.70 Per Diluted Share

Synchrony Financial (NYSE:SYF) today announced fourth quarter 2016 net earnings of $576 million, or $0.70 per diluted share.

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Belk

Press Release

01/25/2017

Synchrony Financial and Belk Extend Consumer Financing Program Agreement

Synchrony Financial (NYSE:SYF), a premier consumer financial services company, and Belk, a private department store company, today announced they have agreed to a multi-year renewal of Synchrony Financial’s consumer financing program.

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Synchrony

Press Release

04/28/2017

Synchrony Financial Reports First Quarter Net Earnings of $499 Million or $0.61 Per Diluted Share

Synchrony Financial (NYSE: SYF) today announced first quarter 2017 net earnings of $499 million, or $0.61 per diluted share.

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Nissan Rewards

Press Release

05/05/2017

New Nissan Credit Card Program Drives Rewards On Everyday Purchases

Loyal fans of the Nissan automotive brand can now turn their everyday purchases, gas fill-ups and dining experiences into valuable rewards.

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Synchrony

Press Release

07/21/2017

Synchrony Financial Reports Second Quarter Net Earnings of $496 Million or $0.61 Per Diluted Share

Synchrony Financial (NYSE: SYF) today announced second quarter 2017 net earnings of $496 million, or $0.61 per diluted share.

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Synchrony

Press Release

10/20/2017

Synchrony Financial Reports Third Quarter Net Earnings of $555 Million or $0.70 Per Diluted Share

Synchrony Financial (NYSE: SYF) today announced third quarter 2017 net earnings of $555 million, or $0.70 per diluted share.

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Synchrony

Press Release

01/19/2018

Synchrony Financial Reports Fourth Quarter Net Earnings of $385 Million or $0.49 Per Diluted Share Including Impact from Tax Cuts and Jobs Act; $545 Million or $0.70 Excluding Impact

Synchrony Financial (NYSE: SYF) today announced fourth quarter 2017 net earnings of $385 million, or $0.49 per diluted share including the impact from the Tax Cuts and Jobs Act (“Tax Act”) of 2017, and $545 million, or $0.70 per diluted share

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NAFE

Press Release

03/06/2018

Synchrony Recognized as a 2018 Top Company for Executive Women by NAFE

Synchrony (NYSE: SYF), a premier consumer financial services company, has been named one of the 2018 NAFE Top Companies for Executive Women by the National Association for Female Executives. This award recognizes American corporations where women have sig

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Synchrony

Press Release

04/20/2018

Synchrony Financial Reports First Quarter Net Earnings of $640 Million or $0.83 Per Diluted Share

Synchrony Financial (NYSE:SYF) today announced first quarter 2018 net earnings of $640 million, or $0.83 per diluted share.

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Loop Commerce

Press Release

05/10/2018

Synchrony to Acquire Loop Commerce to Transform Digital Gifting

Synchrony (NYSE:SYF) today announced a definitive agreement to acquire Loop Commerce, a technology leader in digital and in-store gifting services with its award-winning and patented GiftNow® platform and service.

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PayPal

Press Release

07/03/2018

PayPal and Synchrony Complete Consumer Credit Receivables Sale

PayPal Holdings, Inc. (NASDAQ:PYPL) today announced the closing of its consumer credit receivables transaction with Synchrony (NYSE:SYF). Under the terms of the transaction, and related transactions with unaffiliated third parties, Synchrony acquired $7.6

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Belk

Press Release

07/18/2018

Belk and Synchrony Launch Co-Branded Credit Card to Help Customers Earn Rewards Faster

Synchrony (NYSE: SYF), a premier consumer financial services company, and Belk, a private department store company, today announced the new Belk Rewards Mastercard® to make shopping simpler and safer, while enabling customers to earn rewards faster.

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Synchrony

Press Release

07/27/2018

Synchrony Financial Reports Second Quarter Net Earnings of $696 Million or $0.92 Per Diluted Share

Synchrony Financial (NYSE: SYF) today announced second quarter 2018 net earnings of $696 million, or $0.92 per diluted share.

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Lowe’s

Press Release

08/13/2018

Synchrony and Lowe’s Extend Strategic Partnership with Multi-Year Agreement

Synchrony (NYSE: SYF) and Lowe’s (NYSE: LOW) today announced a multi-year extension of their strategic partnership highlighting Synchrony’s commitment to offer Lowe’s customers enhanced purchasing options and valuable benefits.

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Synchrony

Press Release

10/19/2018

Synchrony Financial Reports Third Quarter Net Earnings of $671 Million or $0.91 Per Diluted Share

Synchrony Financial (NYSE:SYF) today announced third quarter 2018 net earnings of $671 million, or $0.91 per diluted share.

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Synchrony

Press Release

11/28/2018

Majority of Americans Want to Buy Online and Pick-up In-store to Reduce Holiday Shopping Stress This Year

NEW YORK--(BUSINESS WIRE)--GPShopper, the leading mobile commerce and engagement platform for retailers that want to create custom app experiences for customers, released new research into consumers’ holiday shopping preferences and found that Americans

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LoopPay

Press Release

07/09/2014

Synchrony Financial Invests in Mobile Payment Startup LoopPay, Inc.

STAMFORD, Conn.--(BUSINESS WIRE)--Synchrony Financial today announced the completion of a strategic investment in LoopPay, Inc., an innovative mobile payments platform company. LoopPay is expected to provide...

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Synchrony

Press Release

08/29/2014

Synchrony Financial Announces Exercise of Underwriters’ Option to Purchase 3,493,756 Additional Shares

SYNCHRONY FINANCIAL (“Synchrony”) announced that the underwriters for its initial public offering of common stock have partially exercised their option to purchase additional shares and purchased an...

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Synchrony

Press Release

10/17/2014

Synchrony Financial Reports Third Quarter Net Earnings of $548 Million or $0.70 Per Diluted Share

Synchrony Financial (NYSE:SYF) today announced third quarter 2014 net earnings of $548 million, or $0.70 per diluted share.

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Synchrony

Press Release

03/01/2015

Synchrony Financial Enables Private Label Credit Card Benefits Through the Samsung Pay Secure Mobile Wallet

Synchrony Financial (NYSE:SYF) today announced that the benefits and features available on Synchrony Bank-issued private label credit cards will be easily accessed by cardholders through the Samsung...

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Synchrony

Press Release

03/16/2015

CareCredit Launches Proprietary Digital Card Technology for Cardholders and Providers

As part of its ongoing commitment to offer leading digital solutions to customers and providers, CareCredit from Synchrony Financial (NYSE:SYF), introduces its innovative digital card, enabling mobile...

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Lessons learned

Press Release

03/20/2015

Lessons learned from Holiday 2014: 5 Things to Know

The U.S. Census Bureau Retail Trade Survey reported total Holiday sales for 2014 increased 4.2% (excluding gasoline) or 2.1% (including gasoline). The trends that drove this increase will no doubt influence...

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Guitar Center

Press Release

04/14/2015

Synchrony Financial and Guitar Center to Introduce New Consumer Financing Program

Synchrony Financial (NYSE: SYF), a premier consumer financial services company with 80 years of retail heritage, today announced a new, multi-year agreement with Guitar Center to provide a private...

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JCPenney

Press Release

06/08/2015

Synchrony Financial Integrates Private Label Credit Cards and Patented Dual Cards with Apple Pay

Synchrony Financial (NYSE:SYF) is pleased to be among the first issuers to offer private label credit cardholders the ability to add their cards to Apple Pay, preserving the value and benefits those...

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Retail Habits

Press Release

07/20/2015

Mobile Technology Use Among Shoppers Rises as Retail Habits Change, Synchrony Financial Study Finds

Synchrony Financial (NYSE:SYF), a premier consumer financial services company with 80 years of retail heritage, today released findings from its 2015 Digital Study that further confirm the importance of a...

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Synchrony

Press Release

08/13/2015

Synchrony Financial Enables Private Label Credit Card Benefits Through Samsung Pay

Synchrony Financial (NYSE:SYF), the largest provider of private label credit cards in the U.S.1, announced that the benefits and features available on Synchrony Bank-issued private label credit cards...

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Customer Experiences

Press Release

09/16/2015

Four Key Customer Experiences Drive Long-term Loyalty for Retailers Synchrony Financial Study Finds

When it comes to shopping behavior, price is always a key motivator.

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Samsung

Press Release

09/28/2015

Synchrony Financial Takes the Lead in Enabling Private Label Credit Card Benefits for Samsung Pay

Synchrony Financial (NYSE: SYF) is pleased to be one of the first issuers to offer private label credit cardholders the ability to add their cards to Samsung Pay, the mobile payment service which launched...

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Holiday Retail

Press Release

11/20/2015

Holiday Retail Sales Driven by Confident Shoppers with More to Spend and More to Buy, Synchrony Financial Study Finds

As consumers deck their halls and hit the malls over the coming weeks, they are doing so with more optimism about their personal finances, according to an independent study1 by Synchrony Financial (...

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P.C. Richard & Son

Press Release

01/21/2016

Synchrony Financial and P.C. Richard & Son Extend Consumer Financing Program

Synchrony Financial, (NYSE:SYF), a premier consumer financial services company with 80 years of retail heritage, today announced a multi-year extension of its longtime relationship with P.C....

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Top 10 Trends

Press Release

02/17/2016

Technology Influences Eight of the Top 10 Retail Trends for 2016

The retail environment is constantly changing with every new style, product and season. While change is often retailer and consumer-driven, technology is shaping eight of the top 10 trends expected to have the...

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Synchrony

Press Release

04/22/2016

Synchrony Financial Reports First Quarter Net Earnings of $582 Million or $0.70 Per Diluted Share

Synchrony Financial (NYSE:SYF) today announced first quarter 2016 net earnings of $582 million, or $0.70 per diluted share. Highlights for the quarter included:

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Synchrony

Press Release

05/25/2016

Customers Like to Research Online but Make Big Purchases in Stores, Says New Retailer Study

NEW YORK, May 25, 2016—According to a new report by Forbes Insights, in association with Synchrony Financial, "A Split Screen: Online Information and a Human Touch," customers prefer to mix technology and in-store visits for...

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PANDORA Jewelry

Press Release

06/02/2016

Synchrony Financial Extends Consumer Financing Program Agreement with PANDORA Jewelry

Synchrony Financial (NYSE:SYF), a premier consumer financial services company with 80 years of retail heritage, and PANDORA Jewelry, a leading designer and manufacturer of hand-finished and...

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Synchrony

Press Release

06/29/2016

Synchrony Financial Invests in flexReceipts, Inc.

Synchrony Financial (NYSE:SYF) today announced a strategic investment in flexReceipts, Inc., a provider of enriched digital receipts, data analytics and customer engagement solutions. The investment was made...

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Synchrony

Press Release

07/22/2016

Synchrony Financial Reports Second Quarter Net Earnings of $489 Million or $0.58 Per Diluted Share

STAMFORD, Conn.--(BUSINESS WIRE)--Synchrony Financial (NYSE:SYF) today announced second quarter 2016 net earnings of $489 million, or $0.58 per diluted share.

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Synchrony

Press Release

01/23/2019

Synchrony Reports Fourth Quarter Net Earnings of $783 Million or $1.09 Per Diluted Share

January 23, 2019 - STAMFORD, Conn. – Synchrony Financial (NYSE: SYF) today announced fourth quarter 2018 net earnings

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Synchrony

Press Release

01/23/2019

Synchrony and Sam’s Club Extend Strategic Partnership

January 23, 2019 - STAMFORD, Conn. -- Synchrony (NYSE: SYF) today announced an extension of its strategic partnership with Sam’s Club, a segment of Walmart, Inc. (NYSE: WMT), to continue offering Club members enhanced financing options through the Sam

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Synchrony Study

Press Release

03/04/2019

New Synchrony Study: AI Emerging as Imperative for Nation’s Retailers

MARCH 4, 2019 - STAMFORD, Conn. – To better understand the transformative effect of artificial intelligence (AI) in the retail industry, Synchrony today released a study, done in partnership with Oxford Economics.

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Pets Best

Press Release

03/06/2019

Synchrony Acquires Pets Best to Expand CareCredit Platform in Rapidly Growing Pet Market

Synchrony (NYSE:SYF), a premier consumer financial services company, has acquired Pets Best, a pet health insurance industry pioneer. Pets Best will operate under Synchrony’s CareCredit platform which offers health, wellness and personal care credit

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Synchrony

Press Release

04/18/2019

Synchrony Financial Reports First Quarter Net Earnings of $1.1 Billion or $1.56 Per Diluted Share

STAMFORD, Conn. – Synchrony Financial (NYSE: SYF) today announced first quarter 2019 net earnings of $1.1 billion, or $1.56 per diluted share; this includes a $522 million pre-tax, $395 million after-tax, or $0.56 per diluted share benefit from reserves

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Synchrony

Press Release

07/19/2019

Synchrony Financial Reports Second Quarter Net Earnings of $853 Million or $1.24 Per Diluted Share

STAMFORD, Conn. – Synchrony Financial (NYSE: SYF) today announced second quarter 2019 net earnings...

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Synchrony

Press Release

10/18/2019

Synchrony Financial Reports Third Quarter Net Earnings of $1.1 Billion or $1.60 Per Diluted Share

STAMFORD, Conn. – Synchrony Financial (NYSE: SYF) today announced third quarter 2019 net earnings of $1.1 billion, or $1.60 per diluted share; this includes...

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Synchrony

Press Release

01/24/2020

Synchrony Financial Reports Fourth Quarter Net Earnings of $731 Million or $1.15 Per Diluted Share

STAMFORD, Conn. – Synchrony Financial (NYSE: SYF) today announced fourth quarter 2019 net earnings of $731 million, or $1.15 per diluted share; this includes a $38 million pre-tax, $28 million after-tax, or $0.05 per diluted share benefit from...

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Synchrony

Press Release

04/21/2020

Synchrony Financial Reports First Quarter Net Earnings of $286 Million or $0.45 Per Diluted Share

STAMFORD, Conn. – Synchrony Financial (NYSE: SYF) today announced first quarter 2020 earnings results amid the global Coronavirus (COVID-19) pandemic.

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2020 Disability Equality Index Awards

Announcement

07/15/2020

2020 Disability Equality Index Awards Synchrony Top Score for Fourth Consecutive Year

Today, Synchrony (NYSE: SYF) announced that for the fourth consecutive year, the company’s commitment to diversity and inclusion

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Synchrony

Press Release

07/21/2020

Synchrony Reports Second Quarter Net Earnings of $48 Million or $0.06 Per Diluted Share

Synchrony Financial (NYSE: SYF) today announced second quarter 2020 earnings results amid the continuing Coronavirus (COVID-19) pandemic.

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Digital

Announcement

09/29/2020

Synchrony Expands Arsenal of Digital Payment Technology Solutions for Partners; Provides Touchless Shopping Options for Customers

STAMFORD, Conn. – September 29, 2020 – Synchrony, a premier consumer financial services company, is rapidly deploying digital technology solutions to help ensure a safe

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Venmo

Press Release

10/05/2020

Introducing the Venmo Credit Card

SAN JOSE, Calif., October 5, 2020 - Venmo today introduced its first-ever Venmo Credit Card, issued by Synchrony (NYSE: SYF) and powered by the Visa network

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Synchrony

Press Release

10/19/2020

Sam’s Club and Synchrony announced a multi-year extension of their strategic financing.

Goal is to drive incremental value to Sam’s Club Members by redesigning and enhancing the card rewards.

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Synchrony

Press Release

10/20/2020

Synchrony Reports Third Quarter Net Earnings of $313 Million or $0.52 Per Diluted Share

STAMFORD, Conn. – Synchrony Financial (NYSE: SYF) today announced third quarter 2020 earnings results amid the continuing Coronavirus (COVID-19) pandemic.

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CareCredit

Press Release

11/10/2020

AxiaMed Teams with CareCredit to Provide Integrated Payment Solutions for Convenient, Streamlined Patient Experience

SANTA BARBARA, Calif. – November 10, 2020 — AxiaMed, an industry leader in payment technology, today announced a new collaboration with CareCredit, a healthcare credit card, to provide a secure

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Synchrony

Press Release

10/28/2020

Twenty Small Businesses Win Synchrony Pillars Project Awards

STAMFORD, CONN. – October 28, 2020 – Synchrony, a premier consumer financial services company, today announced 20 winners of its Synchrony Pillars Project awards

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Synchrony

Press Release

11/23/2020

Synchrony Unveils New Digital Capabilities for Simplifying Consumer Financing at the Point of Sale

STAMFORD, CONN. – November 23, 2020 – Synchrony, a premier consumer financial services company, expanded its financing platform with new digital capabilities

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GiftNow

Press Release

12/08/2020

GiftNow Enables Creative and Event Agencies to Provide Differentiated Gifting Experiences at Scale

SAN FRANCISCO– December 8, 2020 – Loop Commerce has transformed gift-giving programs for corporate clients’ marketing initiatives and events across the U.S. with its GiftNow® solution

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Curtis Howse

Press Release

12/10/2020

Curtis Howse named CEO of Synchrony’s Payment Solutions Platform

STAMFORD, CT – December 10, 2020 --– Synchrony (NYSE: SYF) today announced Curtis Howse has been named Executive Vice President and Chief Executive Officer of Payment Solutions.

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Synchrony

Press Release

01/13/2021

Walgreens Expands Financial Services Business Strategy, in Partnership with Synchrony and Mastercard

Walgreens is expanding its financial services offering in partnership with Synchrony and Mastercard...

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Press Release

01/21/2021

Synchrony and Mattress Firm Renew Consumer Financing Strategic Partnership

HOUSTON and STAMFORD, Conn., January 21, 2021 – Synchrony (NYSE: SYF), a premier consumer financial services company, and Mattress Firm, the nation’s largest specialty mattress retailer, today announced the renewal of their strategic partnership

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Announcement

01/26/2021

SYNCHRONY TO ACQUIRE ALLEGRO CREDIT TO DRIVE GROWTH IN HEALTH AND WELLNESS FINANCING

STAMFORD, Conn. – January 26, 2021 -- Synchrony (NYSE: SYF) today announced it has reached a definitive agreement to acquire Allegro Credit

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Press Release

01/27/2021

NEW SAM’S CLUB MASTERCARD REWARDS PROGRAM BY SYNCHRONY UNLOCKS ADDITIONAL VALUE ON SAM’S CLUB PURCHASES

BENTONVILLE, Ark, PURCHASE, NY., and STAMFORD, Conn., Jan. 27, 2021 – Sam’s Club, (NYSE: WMT), a leading membership warehouse club, Synchrony, (NYSE: SYF), a premier consumer financial services company, and Mastercard, (NYSE: MA)

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Synchrony

Press Release

01/29/2021

Synchrony Reports Fourth Quarter Net Earnings Of $738 Million Or $1.24 Per Diluted Share

STAMFORD, Conn. – Synchrony Financial (NYSE: SYF) today announced fourth quarter 2020 earnings results amid the continuing Coronavirus (COVID-19) pandemic

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Press Release

03/03/2021

Synchrony and Ashley HomeStore Renew Consumer Financing Program Agreement

ARCADIA, Wis., and STAMFORD, Conn. March 3, 2021 – Synchrony (NYSE: SYF), a premier consumer financial services company and Ashley HomeStore

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Care Credit

Press Release

03/24/2021

CareCredit, CWH Advisors Patient Pay Survey Finds Majority of Patients Would Consider Financing Options to Pay Healthcare Costs

COSTA MESA, Calif., March 24, 2021 – Sixty-three percent of all patients and 85% of younger patients (aged 18-34) would consider point-of-service (POS) financing for their healthcare bills

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Jaisell Morales

Press Release

05/13/2021

Synchrony Launches Initiative to Advance Education Equity

Synchrony today announced Education as an Equalizer, a $50 million, five-year initiative to advance education equity.

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Press Release

06/15/2021

GiftNow Creates Fun and Easy Online Gifting Experiences for Keys Soulcare Consumers

GiftNow is helping Keys Soulcare create distinctive gifting experiences for their consumers.

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CareCredit

Press Release

07/22/2021

Synchrony Announces Expansion in Equine Market With New CareCredit Financial Solutions and Digital Capabilities

Synchrony’s CareCredit credit card provides equine veterinarians a comprehensive point-of-care payment option.

More

Press Release

10/14/2021

Synchrony/Clover integration creates opportunity to scale products faster

STAMFORD, Conn. and BROOKFIELD, Wis., October 14, 2021 – Synchrony (NYSE: SYF), a leading consumer financing company...

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Press Release

10/26/2021

Prime Healthcare Partners with Synchrony to Provide More Healthcare Financing...

COSTA MESA, Calif. and ONTARIO, Calif. – October 26, 2021 – Prime Healthcare , an award-winning...

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Press Release

02/09/2022

Mercyhealth Partners with Synchrony to Provide Patients More Accessible Financing Options

STAMFORD, CT and ROCKFORD, IL – February 9, 2022 – Synchrony (NYSE:SYF), a leading provider of consumer payments...

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P.C. Richard & Son

Press Release

03/28/2019

Synchrony and P.C. Richard & Son Extend Strategic Financial Services Partnership

Synchrony (NYSE: SYF), a premier consumer financial services company, today announced it has extended an exclusive multi-year consumer financing program for P.C. Richard & Son, a leading family-owned and operated appliance and electronics company.

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Press Release

04/15/2022

Synchrony and Guitar Center Renew Consumer Credit Card Program Partnership

Program helps musicians easily buy instruments, recording equipment and accessories to fuel their passion for music.

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Press Release

07/14/2022

“PAY WITH SYNCHRONY” App Launches as First Combined Private Label and BNPL Financing Solution Available for Small Business via Clover

Synchrony and Fiserv collaboration gives small businesses ability to expand customer base with more financing options

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Press Release

10/13/2022

Synchrony Expands Partnership With Sycle to Deliver Integrated Digital Payments Solutions for Hearing Providers

Allegro Credit Installment Loan Solution on Sycle Practice Management Software Accelerates Digital Transformation for Hearing Industry Providers

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Press Release

01/25/2023

Synchrony and Rooms To Go Renew Consumer Financing Partnership To Create Omnichannel, Personalized Shopping Experience

Synchrony and Rooms To Go today announced the renewal of their strategic financing partnership.

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WhitePaper

08/16/2016

Brick and Mortar Reborn

Brick-and-Mortar Reborn: The Future of Retail in the Era of Urbanization

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WhitePaper

06/15/2016

A Day in the Life of a Smarter Shopper

A Day in the Life of a Smarter Shopper

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WhitePaper

01/28/2016

The Lines Between the Consumer Internet and IoT are Blurring Fast

As retailers look to personalize shopping experiences for their customers, the realm of the "consumer Internet" is looking more and more like the "internet of things."

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Synchrony

Article

07/17/2019

What’s Old is New

State of Pay with Synchrony shows how cameras can do a lot more than keep an eye on merchandise.

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Article

03/09/2022

Tips for small businesses to plan and prepare for the year ahead

The retail landscape is ever-changing and running a successful business means planning and evolving your strategies. By staying ahead to provide what today’s shopper wants, you can help keep your business strong, engage with customers, and keep making t

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Build to Lead

Article

09/14/2022

Built to Lead

2022 has proved itself a unique year. This on the heels of a few unique years before it - which may be the understatement of the decade. Market dynamics and consumer expectations are rapidly evolving. Supply chains remain strained.

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