Synchrony Invests in Digital Identity Authentication Leader Payfone
Synchrony Financial (SYF)
Last synchrony financial earnings: 4/21 06:30 am
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Source: Business Wire
Payfone Technology to Bring Synchrony’s Partners Leading Digital Identity Authentication Solutions; Investment is One of Several by Synchrony Ventures to Accelerate Strategic Imperatives Through Leading-edge Technology STAMFORD, Conn. & NEW YORK--(BUSINESS WIRE)-- Synchrony Financial (NYSE: SYF), a premier consumer financial services company, today announced a strategic investment in Payfone, a leader in identity authentication for digital channels. The investment is one of several made recently in the mobile and authentication space by the venture capital team of Synchrony, Synchrony Ventures. Synchrony will leverage this investment to help deliver seamless and effective digital identity authentication solutions to improve customer experience, drive acquisition and reduce fraud. “We’re excited to help accelerate the growth of a company that is at the forefront in providing d
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