SYF Ties Up to Offer Two Credit Cards: Higher Net Interest Income Ahead?

Key Takeaways Synchrony and OnePay will launch Mastercard-powered credit cards for Walmart shoppers. One card will be general-purpose; the other exclusive to Walmart purchases via OnePay's app. The move aims to boost SYF's sales and risk-adjusted returns through flexible financing options.Synchrony Financial (SYF) , along with the consumer fintech OnePay, recently joined forces with Walmart (WMT) to introduce an innovative credit card program. The new offering is likely to launch this fall. Built on the t ...