The issuer wants concessions from Apple to protect it from some of the issues Goldman Sachs has dealt with

Acquirers, networks, and issuers each play distinct roles in the payments purchasing chain. But those roles are shifting as providers adapt to the rise of software and value-added services, increased payment method choice, and cloud-based innovation.

Despite intensified payment competition and rocky economic factors, private label credit cards will maintain their importance in the payments industry in 2023. Retailers should not discount the value they can bring in terms of revenues and loyalty.

Issuers are bracing for a recession to take a toll on charge-off rates, merchant fee revenues, and interest income. But have they fully baked in the economic threats consumers face?

After an underwhelming Q1 performance, revisiting a Walmart partnership would play to its strengths.

A branded wallet might help Synchrony contend with potential disintermediation. But it would face strong competition.

A group of senators sent a letter to Synchrony and Wells Fargo about their credit cards designed for medical expenses.

The issuer’s Q1 growth sets it up for a strong year as it leans into drivers like digital purchasing and health and wellness products.

Synchrony reported a 16% YoY jump in purchase volume in Q3—partnering with Fiserv’s Clover and a new BNPL solution can sustain that growth.

The new suite of credit cards could help Synchrony bolster its pandemic recovery by tapping into a top spend segment while entrenching itself as a major player for online-focused co-brand cards.

Consumers’ growing willingness to get their financial services from non-FI providers is spurring consumer brands to embed financial elements in their products and services. But this new form of finance will mean dramatic changes for incumbent and startup FIs.

Apps vs. mobile sites has been the subject of debate since the dawn of smartphones. For a period it seemed like apps fell out of favor, but there is proof that trend is reversing in the retail industry.

Mobile retail apps are critical to succeed in today’s omnichannel commerce landscape, but many retailers are still behind the curve. This report provides an overview of the retail app market, successful tactics of the market leaders, and what retailers should do to get their mobile app strategies right.