Our thoughts are with those affected by recent natural disaster. We are here to help customers who've been impacted and contact us by evaluating:
In times like these, people come together to help those in need. At Synchrony, it’s our job not only to help our customers every day – but also when disasters like these strike.
Read more about our terms on https://www.synchrony.com/legal/terms-of-use?tab=bank-t-and-c.
The security incident is under investigation. We are here to help customers who've been impacted and contact us by evaluating:
We're excited to share that next month we're merging our business website into synchrony.com
We hope this update makes it easier for you to find what you need, all on one website. You may notice some design updates and new features.
Any bookmarks you have saved will redirect to the new links. If you have trouble finding something you're looking for, please use the site search or contact us.
You are now leaving Synchrony.com. Please note that because the site you are going to is not controlled by Synchrony, you will be subject to the terms of use and privacy policy of the website you are visiting.
Michelle Romero: Michelle.Romero@syf.com Tyler Allen: Tyler.Allen@syf.com
Press Release
January 21, 2015, 8:30 AM EST
Dateline: STAMFORD, Conn.
Public Company Information: NYSE: SYF
STAMFORD, Conn.--(BUSINESS WIRE)--Synchrony Financial (NYSE: SYF), today announced a strategic investment in GPShopper, an innovative developer of mobile apps with a focus on the retail industry.
The investment enables Synchrony Financial, a premier consumer financial services company with 80 years of retail heritage, to complement its proprietary mobile offerings, which currently include account acquisition, management and reward redemption. An expanded suite of solutions for retailers will integrate credit more easily into the shopping experience with personalized offers, mobile payment capabilities, loyalty programs and other key features.
“We’re making strategic investments that align with the needs of retail partners and consumers. Partnering with GPShopper builds on our existing mobile platforms for credit applications and account servicing with easy account management functionality and new ways to engage with shoppers and enhance value for them,” said Margaret Keane, president and CEO of Synchrony Financial.
Synchrony Financial research* confirms consumers are increasingly using their mobile device to research and apply for credit and manage their accounts. In fact, more than 40 percent of shoppers surveyed report using a mobile device while they are in-store. At the same time, Synchrony Financial continues to see rise in mobile credit applications, which more than doubled year-over-year, while mobile service grew by more than 50 percent. GPShopper’s platform can connect credit and loyalty with in-store and mobile shopping, to create a branded and seamless customer experience.
Terms of the investment were not made available.
About GPShopper®
GPShopper is the leading integrated mobile platform with retail clients, spanning apparel, cosmetics, appliances and electronics, and many other segments. GPShopper’s solutions empower retailers to garner customer engagement and loyalty by bridging the online and in-store shopping experience with the use of mobile technologies. GPShopper’s apps and mobile platform have been recognized as best-in-class by retail and technology leaders, winning awards from the National Retail Foundation (NRF), Direct Marketing Association (DMA), eTail, AT&T and Intel for excellence in mobile innovation. Forbes named GPShopper one of “Ten Companies Disrupting Their Industries with Technology in 2014”. More information can be found at www.gpshopper.com, twitter.com/GPShopper or LinkedIn.com/company/gpshopper.
About Synchrony Financial
Synchrony Financial (NYSE: SYF), formerly GE Capital Retail Finance, is one of the premier consumer financial services companies in the United States. Our roots in consumer finance trace back to 1932, and today we are the largest provider of private label credit cards in the United States based on purchase volume and receivables. We provide a range of credit products through programs we have established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers to help generate growth for our partners and offer financial flexibility to our customers. Through our partners’ more than 300,000 locations across the United States and Canada, and their websites and mobile applications, we offer our customers a variety of credit products to finance the purchase of goods and services. Our offerings include private label and co-branded credit cards, promotional financing and installment lending, loyalty programs and Optimizer+plus branded FDIC-insured savings products through Synchrony Bank. More information can be found at www.synchronyfinancial.com and twitter.com/SYFNews.
*Synchrony Financial’s fourth annual 2014 Mobile Shopping and Payments Study
©2015 Synchrony Bank/Synchrony Financial, All rights reserved.
Contact:
For Synchrony Financial Cristy Williams, (855) 791-8007 media.relations@synchronyfinancial.com
Tags
07/30/2031
Test external link on the blog
09/09/2025
Synchrony Financial (NYSE: SYF), a premier consumer financial services company with 80 years of retail heritage, reaffirmed its longtime support for Junior Achievement of Utah with a ribbon-cutting...
07/30/2025
07/23/2025
Synchrony (NYSE:SYF), a premier consumer financial services company, today announced that Synchrony Car CareTM has increased its acceptance network of merchants more than tenfold to include more auto-related categories and locations. Cardholders
Event
11/15/2019
STAMFORD, Conn. – October 30, 2019 – Synchrony Financial (NYSE: SYF) will participate in Citi’s 2019 Financial Technology Conference. A live webcast and replay will be made available on the Synchrony Financial Investor Relations website at www.investors.synchronyfinancial.com.
Video
01/24/2020
In the next five years, retailers can expect wider adoption of facial recognition and finger-print scanning in payments. Why? Bio-authentication offers stronger payment security than a typical password.
11/29/2019
Imagine it: a world where payments happen at your the tap of a button. It’s the future, and the future is saying "hello" to mobile wallets.
11/12/2019
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
11/11/2019
WhitePaper
01/17/2017
What your business should know about mobile wallets
09/26/2016
How Mobile Wallets Can Make Your Life Easier
Article
04/26/2023
Owning a pet costs money; sometimes, a lot of money. It’s a reality that too few owners—enchanted and in love with their pet—understand, until it’s too late.
02/02/2023
Offering financing for customers benefits both businesses and consumers. In fact, 71% of Synchrony cardholders feel that customer financing options make large purchases more affordable.
08/07/2020
From doctors to contractors to hair salon owners, appointment-based businesses are finding innovative ways to deliver their services virtually. Whether it’s providing online consultations or virtual and augmented-reality tools
As more people embrace the powerful, convenient tools their phones offer, a growing number of shoppers are leaving their physical cards and wallets at home, opting to transact via mobile instead. Here are some of the core opportunities mobile wallets afford retailers.