synchrony

Credit ‘Normalization’ Signals Pressure on Paycheck-to-Paycheck Consumers
Credit ‘Normalization’ Signals Pressure on Paycheck-to-Paycheck Consumers
January 24, 2023  |  Credit Cards

Financial services firms’ earnings suggest paycheck-to-paycheck consumers are straining to manage credit card debt. PYMNTS data found that paycheck-to-paycheck consumers are more than three times...

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Healthcare Financing Focus Is Shifting to Innovation and Omnichannel Approach
Healthcare Financing Focus Is Shifting to Innovation and Omnichannel Approach
November 17, 2022  |  Healthcare

Long known as the top reason for personal bankruptcy, medical debt is being made more manageable by new digital payment tools that allow consumers to...

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New Financing Products Take the Pain out of Healthcare Payments
New Financing Products Take the Pain out of Healthcare Payments
October 31, 2022  |  Healthcare Financing

Buy now, pay later (BNPL) applications in the healthcare space are shaping up to be one of the most effective treatments for the high cost...

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Synchrony Q3 Delinquencies Hint at Paycheck-to-Paycheck Consumer Pressures
Synchrony Q3 Delinquencies Hint at Paycheck-to-Paycheck Consumer Pressures
October 26, 2022  |  Credit Cards

Every earnings season tells a tale. So far the storyline is that consumers remain buoyant, are still willing to open their wallets and wield credit...

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Gen Z Takes the Connected Commerce Torch From Millennials
Gen Z Takes the Connected Commerce Torch From Millennials
October 18, 2022  |  Retail

After years of obsessing over the buying behavior of millennials, retailers and brands are now pivoting to the next big thing, specifically, the Generation Z...

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Today in the Connected Economy: Meta Tweaks Its Metaverse Offerings
Today in the Connected Economy: Meta Tweaks Its Metaverse Offerings
October 13, 2022  |  Connected Economy

Today in the connected economy, Meta reveals the price tag for its new virtual reality headset and unveils features to make that reality seem a...

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Synchrony Debuts Consumer Financing Tool for Audiology Practices
Synchrony Debuts Consumer Financing Tool for Audiology Practices
October 13, 2022  |  Digital Payments

Synchrony has introduced Allegro Credit, a point-of-sale (POS) consumer financing solution for the hearing industry. The new tool, launched via the Sycle practice management platform,...

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Synchrony Financial Credit Card Deliquency Rate Up to 3.1% in August
Synchrony Financial Credit Card Deliquency Rate Up to 3.1% in August
September 12, 2022  |  Credit Cards

Synchrony Financial on Monday (Sept. 12) reported a rate of credit card delinquencies as a percentage of receivables of 3.1% for August, the highest level...

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Healthcare Takes a Page From Retail’s Omnichannel Payments Playbook
Healthcare Takes a Page From Retail’s Omnichannel Payments Playbook
September 08, 2022  |  Healthcare

New PYMNTS data reveals that close to half (46%) of U.S. consumers are engaging in healthcare both in-person and via digital means, bringing healthcare firmly...

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