A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
Search Payments News
January 22, 2024
On the web
Synchrony and Ally Financial Reach Agreement on Sale of Ally’s Point-of-Sale Financing Business
Synchrony
"Synchrony and Ally Financial Inc. announced that they have entered into a definitive agreement for Synchrony to acquire Ally’s point of sale financing business including $2.2 billion of loan receivables and nearly 2,500 merchant locations supporting more than 450,000 active borrowers in home improvement services and healthcare."