In Other News: SYNCHRONY (La-Z-Boy); SVM (Peoples Trust); CUNEXUS (DCU); and GIFTLOGIC (receipts).
SYNCHRONY – Synchrony Financial inked a multi-year extension of its private label credit card program agreement with leading national furniture retailer La-Z-Boy.
SVM- Peoples Trust, a federally chartered prepaid card issuer in Canada, has expanded its issuing services to SVM, a leader in innovative gift card solutions for businesses. As a result of SVM’s recent acquisition of 1to1 Card, SVM can now offer open-loop prepaid cards in Canada, with Peoples Trust as their premier card issuer.
CUNEXUS – CUneXus Solutions, a leader in omni-channel, application-free lending technology, has partnered with DCU (Digital Federal Credit Union) to integrate the company’s cplXpress “click to accept” lending platform with DCU’s mobile lending platform. The partnership allows DCU to deliver personalized pre-approved loan offers to their members based on location, behavior, credit, and on DCU’s lending criteria for each member.
GIFTLOGIC – GiftLogic recently created a new, compact receipt format designed to provide greater savings in paper and money. A representative from GiftLogic detailed the numbers, explaining how the company’s compact receipt format can translate into thousands of dollars in savings over time.