Synchrony Financial

Nick Stallone Promoted to Managing Director at MorganFranklin Consulting

Retrieved on: 
Tuesday, February 20, 2024

MorganFranklin Consulting , a leading finance, technology, and cybersecurity advisory and management firm that specializes in solving complex transformational challenges for its clients, today announced that Nick Stallone has been promoted to managing director of the Strategy and Governance, Risk and Compliance (GRC) sector within its cybersecurity practice.

Key Points: 
  • MorganFranklin Consulting , a leading finance, technology, and cybersecurity advisory and management firm that specializes in solving complex transformational challenges for its clients, today announced that Nick Stallone has been promoted to managing director of the Strategy and Governance, Risk and Compliance (GRC) sector within its cybersecurity practice.
  • Stallone joined MorganFranklin Consulting in 2019 and has played a pivotal role in expanding the firm’s deep expertise in cybersecurity and GRC.
  • At MorganFranklin Consulting, Nick has helped guide Fortune 500 global enterprise programs through cybersecurity strategy, development, design maturity, risk management and regulatory compliance initiatives.
  • Nick is a tremendous asset to MorganFranklin Consulting, and we are beyond excited for his future as Managing Director”, said Jonah Dimeo, Partner, Managing Director of the Global Cybersecurity Services Practice at MorganFranklin Consulting.

IPH ENTERS STRATEGIC PARTNERSHIP WITH SYNCHRONY AND COMPLETES ACQUISITION OF PETS BEST

Retrieved on: 
Wednesday, March 6, 2024

PHOENIX and STAMFORD, Conn., March 6, 2024 /PRNewswire/ -- Independence Pet Holdings, Inc. ("IPH"), a leading multi-brand, multi-channel pet insurance provider, and Synchrony (NYSE:SYF), a premiere consumer financial services company, today announced that IPH has completed the acquisition of Pets Best Insurance Services, LLC ("Pets Best") from Synchrony. Synchrony received a portion of the consideration as an equity investment in IPH and committed to enter into a commercial agreement with IPH, both of which will help expand IPH's activities in the pet industry and enable both Synchrony and IPH to further capitalize on synergies between Synchrony's CareCredit health and wellness credit card and IPH's products in the pet insurance industry. IPH will also appoint two Synchrony executives to its Board of Directors.

Key Points: 
  • Synchrony Expands Leadership in the Pet Industry Through Ownership Stake in IPH; Two Synchrony Executives to Join IPH Board of Directors
    PHOENIX and STAMFORD, Conn., March 6, 2024 /PRNewswire/ -- Independence Pet Holdings, Inc. ("IPH"), a leading multi-brand, multi-channel pet insurance provider, and Synchrony (NYSE:SYF), a premiere consumer financial services company, today announced that IPH has completed the acquisition of Pets Best Insurance Services, LLC ("Pets Best") from Synchrony.
  • IPH's acquisition of Pets Best builds upon a current relationship between Pets Best and Independence American Insurance Company ("IAIC"), a wholly owned subsidiary of IPH.
  • Pets Best is a leading pet insurance provider in the United States and has shown strong growth since its acquisition by Synchrony in 2019.
  • As part of the IPH family, Pets Best will continue to operate under the same brand and leadership.

Pelvic Rehabilitation Medicine Enhances Patient Experience with Real-Time Insurance Verification and CareCredit Financing

Retrieved on: 
Thursday, February 1, 2024

WEST PALM BEACH, Fla., Feb. 1, 2024 /PRNewswire/ -- Pelvic Rehabilitation Medicine (PRM), the premier, multi-disciplinary national leader in pelvic pain and endometriosis care, wants the patient experience to be better. With data showing 97% of patients wait up to 14 minutes in the waiting room and an additional 12.4 minutes in the exam room, it's clear that for a patient with persistent pelvic pain, there is more to be done. Now, PRM is proud to announce enhancements to their nationwide offices that will streamline intake, offer real-time insurance verifications, and combat financing concerns ahead of visits.

Key Points: 
  • WEST PALM BEACH, Fla., Feb. 1, 2024 /PRNewswire/ -- Pelvic Rehabilitation Medicine (PRM), the premier, multi-disciplinary national leader in pelvic pain and endometriosis care, wants the patient experience to be better.
  • Now, PRM is proud to announce enhancements to their nationwide offices that will streamline intake, offer real-time insurance verifications, and combat financing concerns ahead of visits.
  • Acting on the mission to expand access to care, PRM is proud to announce that they are now accepting CareCredit financing.
  • Patients may use CareCredit to help pay for deductibles and out-of-pocket expenses not covered by insurance.

Mattress Firm's 2024 PREZZZ Day Sale™ is Here with Massive Savings

Retrieved on: 
Wednesday, January 31, 2024

HOUSTON, Jan. 31, 2024 /PRNewswire/ -- Now is the perfect time to upgrade or change your mattress during the first major sale of the new year from Mattress Firm, the nation's largest mattress specialty retailer. If one of your New Year's resolutions was to get better sleep, establishing a sleep routine or upgrading your bedroom, Mattress Firm has you covered by offering incredible deals during their PREZZZ Day Sale™ starting today.

Key Points: 
  • That's why now is the perfect time to take advantage of seasonal sales like Mattress Firm's PREZZZ Day Sale to upgrade your sleep sanctuary.
  • 3
    Buy one Sleepy's Cooling Knit Mattress Protector, Sleepy's Ultimate Allergy Bamboo Mattress Protector or Sleepy's Total Encasement Mattress Protector, Get one FREE.
  • For more information on how to get the best mattress at the best price, visit http://www.mattressfirm.com/sale .
  • Free adjustable base offer valid to complete mattress set, has no cash value, and cannot be used as credit.

PatientNow and Synchrony Enhance Partnership to Transform Payments and Digital Account Management Solutions For The Cosmetic Industry

Retrieved on: 
Tuesday, January 30, 2024

STAMFORD, Conn. and GREENWOOD VILLAGE, Colo., Jan. 30, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer finance company, and PatientNow, a practice management company for the elective medical industry, today announced a partnership that will combine technology, products and resources from both companies to transform payments and simplify work across cosmetic practices and the medical spa industry. The CareCredit health and wellness credit card is now integrated as one of the primary financing options in the PatientNow cloud-based practice management solution across PatientNow's 4,800 aesthetic and cosmetic businesses nationwide. 

Key Points: 
  • Today organizations are increasingly seeking simple, secure, collaborative solutions that allow them to modernize their practice to deliver business value to patients.
  • The CareCredit integration into PatientNow's Practice Management Software will enable cosmetic practices to offer a variety of customized financing options to their patients, enhanced account management solutions and marketing capabilities.
  • "This partnership will improve the way we work and how payments are done in the cosmetic industry.
  • "Today's cosmetic providers demand best-in-class technologies that transform how their organizations operate and how they provide value to patients," said Bethany Little, CEO, PatientNow.

Synchrony and The Good Feet Store Extend Financing Partnership

Retrieved on: 
Wednesday, January 10, 2024

STAMFORD, Conn., Jan. 10, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced a multi-year partnership renewal with The Good Feet Store, a market-leading manufacturer and retailer of premium, personally fitted arch supports. Under the expanded agreement, Synchrony's CareCredit health and wellness credit card will be offered as an in-store payment option at most of The Good Feet Store's more than 250 brick-and-mortar locations, enabling customers to finance arch support products for improved alignment and less pain.

Key Points: 
  • The Good Feet Store first partnered with Synchrony in 2009 to drive business growth and offer new ways for its customers to finance arch support products.
  • Since that time, the partnership has grown and in 2023 alone, the partnership with The Good Feet Store contributed to a 10% increase in its average transaction total, and a 35% increase in its total number of transactions.
  • "CareCredit's 35-plus years of retail finance and wellness experience is a great fit for The Good Feet Store and its customers," said Erin Gadhavi, SVP & GM, Wellness, Synchrony.
  • For more information on The Good Feet Store and Good Feet Arch Supports, visit www.goodfeet.com .

Synchrony Expands into Pet Resorts with CareCredit Offering at Destination Pet

Retrieved on: 
Tuesday, January 9, 2024

STAMFORD, Conn., Jan. 9, 2024 /PRNewswire/ -- As part of an effort to expand deeper into the pet market, Synchrony (NYSE: SYF), a leading consumer finance company, today announced a multi-year agreement with Destination Pet, a premier provider of veterinary care and pet services, to offer its CareCredit health and wellness credit card as the "first look" financing solution at all Destination Pet locations nationwide, now including pet resorts. The agreement marks Synchrony's first-ever partnership with a pet resort group.

Key Points: 
  • STAMFORD, Conn., Jan. 9, 2024 /PRNewswire/ -- As part of an effort to expand deeper into the pet market, Synchrony (NYSE: SYF), a leading consumer finance company, today announced a multi-year agreement with Destination Pet, a premier provider of veterinary care and pet services, to offer its CareCredit health and wellness credit card as the "first look" financing solution at all Destination Pet locations nationwide, now including pet resorts.
  • "Our partnership with Destination Pet not only solidifies our shared mission of improving the lives of pet families but is a significant milestone for Synchrony on our journey to broaden access to simple, flexible financing solutions for pet owners."
  • "Selecting a financing partner like Synchrony to streamline financing across the entire Destination Pet ecosystem will improve the experience for clients and furthers our commitment to becoming the go-to destination for pet care," said Jennifer Strickland Fowler, CEO, Destination Pet.
  • "We look forward to offering pet parents the option to pay for all of our services with CareCredit."

Private Label Credit Cards in the U.S.: PLCC Receivables Have Declined While Purchase Volume Has Grown Significantly - ResearchAndMarkets.com

Retrieved on: 
Monday, November 27, 2023

After experiencing declining transaction volumes in 2018-2020, the private label credit card market rebounded in 2021 and 2022.

Key Points: 
  • After experiencing declining transaction volumes in 2018-2020, the private label credit card market rebounded in 2021 and 2022.
  • While Buy-Now, Pay-Later (BNPL) loans have impacted credit card purchase volume, the private label card industry continues to thrive due to customer loyalty and additional revenue associated with store credit cards.
  • Private label card issuers and merchants have introduced new products, such as medical credit cards, and integrated private label BNPL and credit cards into their product offerings.
  • Medical credit cards, a niche segment, are offered by three private label credit card issuers: Synchrony, Bread Financial, and Wells Fargo.

BSIMM14 Report: Application Security Automation Soars

Retrieved on: 
Tuesday, December 5, 2023

SUNNYVALE, Calif., Dec. 5, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today published BSIMM14, the latest edition of the annual Building Security In Maturity Model (BSIMM) report analyzing the software security practices across 130 organizations, including some of the most advanced companies in cloud, financial services, FinTech, ISV, insurance, IoT, healthcare, and technology industries. The report found that the use of automated security technology is growing rapidly, which in turn is propagating the "shift everywhere" philosophy – performing security tests throughout the entire software development life cycle – across more organizations.

Key Points: 
  • Synopsys Software Integrity Group report highlights how customers embracing automation are improving security processes throughout the software life cycle.
  • This year's findings revealed a clear trend of firms increasingly taking advantage of security automation to replace manual, subject matter expert–driven security activities to reduce cost and improve effectiveness.
  • Greater automation has enabled organizations to embrace the shift everywhere philosophy, with automated, event-driven security testing increasing by 200% over the last two years.
  • "Companies are seeing firsthand that eliminating human error with consolidated, integrated security tooling makes security programs more effective and affordable — a compelling combination.

Synchrony and The Human Animal Bond Research Institute Form Strategic Alliance to Champion the Human-Animal Bond

Retrieved on: 
Thursday, November 30, 2023

WASHINGTON and STAMFORD, Conn., Nov. 30, 2023 /PRNewswire/ -- The Human Animal Bond Research Institute (HABRI) and Synchrony (NYSE: SYF), a leading consumer finance company, today announced a strategic partnership to advance the companies' shared goal of strengthening the human-animal bond.

Key Points: 
  • WASHINGTON and STAMFORD, Conn., Nov. 30, 2023 /PRNewswire/ -- The Human Animal Bond Research Institute (HABRI) and Synchrony (NYSE: SYF), a leading consumer finance company, today announced a strategic partnership to advance the companies' shared goal of strengthening the human-animal bond.
  • "By joining forces with HABRI, we hope to help everyone in the relationship with the animal truly understand the mutually beneficial power of the bond, which will in turn lead to better veterinary care.
  • HABRI's efforts to demonstrate and substantiate the positive impact of this special bond on the health of pets, individuals, families and communities align perfectly with Synchrony.
  • "By aligning with Synchrony's CareCredit and leveraging its strong foothold in human healthcare, we believe we can get one step further to bridging the important connection between human and animal health."