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    AMD Unveils Vision for an Open AI Ecosystem, Detailing New Silicon, Software and Systems at Advancing AI 2025

    U.S. Insurers to More than Double AI Investment in the Next 3-5 Years: Wipro Report

    Clara Luciani, Kavinsky & Please Join the Line-Up of Renault’s festiv4L

    Career Kickoff at Daimler Truck: Application Launch for Apprenticeships and Dual Study Programs Starting in 2026

    World Economic Forum Unveils Framework Highlighting Transformative Technology Convergences Across Key Industries

    Fernando Bucheli, Ambassador of the Republic of Ecuador, met Chief Secretary.GoK

  • National
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    Himalaya BabyCare Unveils ‘Maa Ka Bharosa’ Campaign Celebrating the Trust of Millions of Moms

    Lifestyle Announces its Biggest Sale of the Season with Tamannaah Bhatia Featured in the New Campaign

    From Finance to Fashion: Suparna Dutta’s Journey to the Global Stage of Haut Monde Mrs. India Worldwide

    CII Continues Multi-City Industry–Academia Connect 2025 in Bengaluru, Ignites Dialogue on Future-Readiness of the Education Ecosystem

    Visit Maldives Unveils Katrina Kaif as Global Brand Ambassador for the Sunny Side of Life

    96% of Indians Plan to Travel the Same or More This Summer, as Quieter Escapes and off-Season Travel Top Travel Wishlists, Reveals Skyscanner

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    Mr. K.Satyanarayana Raju, MD & CEO, Canara Bank

    Canara Bank Announces Reduction in Rate of Interest – Lower Interest and Lesser EMIs

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    Gender Gap Closes at Fastest Rate Since Pandemic – But Full Parity Still Over a Century Away

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    From Finance to Fashion: Suparna Dutta’s Journey to the Global Stage of Haut Monde Mrs. India Worldwide

    The Mango Mela will be held from 30.05.2025 to 24.06.2025  at Lalbagh.

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    GSK TO ACQUIRE EFIMOSFERMIN.

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    AMD Unveils Vision for an Open AI Ecosystem, Detailing New Silicon, Software and Systems at Advancing AI 2025

    U.S. Insurers to More than Double AI Investment in the Next 3-5 Years: Wipro Report

    Union Minister for Agriculture and Farmers Welfare Shivraj Singh Chouhan to visit Hyderabad on Monday

    Inaugural program of “Vidhan Soudha Guided Walking Tour” on May 25.

    LTIMindtree Signs MoU with IIM Mumbai to Launch Postgraduate Program for Executives in AI-led Experience Design

    “By uniting our talent and expertise, we can drive progress toward a more climate-resilient and healthier future.” -Dr M.C. Sudhakar,  Minister for Higher Education, GoK.

  • Auto

    Clara Luciani, Kavinsky & Please Join the Line-Up of Renault’s festiv4L

    -“The addition of the Montra Electric SUPER CARGO to our product portfolio marks an exciting new chapter of growth for us in the last-mile delivery segment”.–Mr. Jalaj Gupta, MD, TI Clean Mobility Private Limited 

    Maruti Suzuki Grand Vitara becomes the fastest SUV to clock 3 Lakh sales in its segment*

    Daimler Truck, Mitsubishi Fuso, Hino and Toyota Motor Corporation conclude Definitive Agreements on integrating Mitsubishi Fuso and Hino Motors

  • Sports
    PHOTO CREDIT:VISA

    Visa Signs Football Phenom Lamine Yamal as a Global Ambassador for FIFA World Cup 26™

    PVL Season 4 Auction: Bengaluru Torpedoes pick up Jishnu PV for a whopping 14 lakh

    We have been a highly entertaining cricket team to watch,’ Ricky Ponting lauds Punjab Kings team despite final loss to RCB

    “We’re not just playing cricket; we’re scouting the next Kapil Dev, Sachin Tendulkar, or Virat Kohli from every gali and mohalla,” Raman Gandhi, Founder/Chairman of GMCL.

  • Entertainment

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

    Sri Sai Gold Palace’s 7th store inaugurated in Malleshwaram,Bengaluru.

    Lulu Mall Hosts Bangalore’s Biggest Non-Alcoholic Holi Celebration

    Karmic Beauty’: Pure by Nature, Potent by Ingredients

  • Lifestyle
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    Lifestyle Announces its Biggest Sale of the Season with Tamannaah Bhatia Featured in the New Campaign

    Visit Maldives Unveils Katrina Kaif as Global Brand Ambassador for the Sunny Side of Life

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    The Mango Mela will be held from 30.05.2025 to 24.06.2025  at Lalbagh.

    Shefali Shah Joins Karan Johar’s Tyaani Jewellery as Face of New Campaign

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

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American Express and GreenSky Team Up to Fuel Business Growth Through Enhanced Digital Payments and Financing Capabilities

The companies are working together in a number of ways, including to bring innovative point-of-sale lending technology to more merchants, enabling them to offer frictionless payment options to customers

FWM by FWM
August 6, 2018
in Business
0
August 06, 2018 08:00 AM Eastern Daylight Time

NEW YORK & ATLANTA–(BUSINESS WIRE)–American Express (NYSE: AXP) and GreenSky, Inc. (NASDAQ: GSKY) today announced a strategic alliance to bring enhanced digital payments and financing capabilities to help merchants grow their businesses and give consumers greater flexibility in financing their purchases.

“Our partnership with GreenSky, a fast-growing and innovative fintech company, will grant more merchants access to leading payment technology and financing solutions to enhance their customer experience and close more sales.”

The multi-faceted collaboration will enable eligible U.S. merchants within the American Express network and the customers they serve to access GreenSky’s proprietary point-of-sale financing solutions. Using GreenSky’s platform and technology, home improvement and elective healthcare merchants that accept American Express will be able to drive incremental sales by providing qualifying customers with options to finance large purchases in a paperless environment. Customers apply for installment loan financing via GreenSky’s mobile app, online or over the phone, and typically receive a decision and transact within 60 seconds. GreenSky will also have access to American Express vPayment, a virtual payments solution, in order to facilitate purchases via virtual account numbers delivered to approved customers.

In addition, the companies plan to pilot a digital direct loan option with a platform for eligible American Express® consumer Card Members to search for participating merchants within GreenSky’s network, and to finance their purchases at participating American Express accepting merchants of their choosing within or outside of GreenSky’s merchant network. The direct to consumer loans would initially be offered in the home improvement category in five U.S. cities.

“American Express is committed to backing businesses and their customers,” said Stephen J. Squeri, Chairman & CEO of American Express. “Our partnership with GreenSky, a fast-growing and innovative fintech company, will grant more merchants access to leading payment technology and financing solutions to enhance their customer experience and close more sales.”

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“We’re excited to work with American Express, a global leader in the payments industry that is known for its commitment to providing exceptional value to its customers. We’ve long admired American Express and all that the brand stands for,” said David Zalik, CEO and Chairman of GreenSky. “Combining our industry-leading technology platform with the security and backing of American Express will allow us to continue innovating to meet evolving customer needs.”

Tags: American Express vPaymentGreenSky
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