12 Facts About Synchrony Financial

1.

Synchrony Financial is a consumer financial services company headquartered in Stamford, Connecticut, United States.

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2.

Synchrony Financial 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.

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3.

In 2018, Synchrony acquired Loop Commerce, which provides a patented digital gifting platform called GiftNow.

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4.

In 2019, Synchrony Financial announced the acquisition of Pets Best, which offers pet insurance and wellness plans for dogs and cats.

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5.

Synchrony Financial is the largest provider of private label credit cards in the US Brands partnered with Synchrony Financial include Amazon, Lowe's, Guitar Center, Gap.

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6.

In 2019, Synchrony Financial expanded its auto and home acceptance locations and value propositions.

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7.

Synchrony Financial increased its Car Care acceptance network to more than 500,000 locations across 25 categories including gas, auto parts and service, car washes, parking, and ride sharing.

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8.

Synchrony Financial has four "Innovation Stations, " which are located in Stamford, Connecticut; Chicago, Illinois; Kettering, Ohio; and Hyderabad, India.

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9.

In 2016, Synchrony Financial launched Digital Apply, a credit application site, and SyPI, a feature for retailers' mobile apps, through which customers can access their credit card information.

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10.

In 2018, Synchrony Financial created the Alexa Store Card skill for customers to manage their Amazon Store Cards via voice technology.

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11.

In 2018, Synchrony Financial opened an emerging tech center at the University of Illinois.

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12.

In 2019, Synchrony Financial opened the Synchrony Financial Digital Technology Center at the University of Connecticut's Stamford campus.

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