News Article | May 24, 2017
LAS VEGAS--(BUSINESS WIRE)--In anticipation of the launch of their new mobile commerce platform, fuel brands Phillips 66®, Conoco® and 76® debuted their “Mobile Connect Experience” yesterday at the ARIA Resort and Casino in Las Vegas during Phillip 66’s Momentum: Driven by Excellence conference. The “Mobile Connect Experience” is driven by P97’s PetroZone®, a mobile commerce solution Phillips 66 announced last year in collaboration with Chase Pay. The new platform will connect retail fueling consumers to Phillips 66, Conoco, and 76 locations through a mobile app using a dynamic station finder, enabling a mobile payment wallet and delivering contextual commerce digital offers. Phillips 66’s GM of Marketing Services Rod Palmer expanded on the new offering in a session with customers, telling them that “We designed our mobile solution to build on top of technology you should already have at your store, and unlike some of our competitors, our offering doesn’t just work at the pump, but inside the store as well. It’s designed to work for all of your business.” The “Mobile Connect Experience” includes previews of mobile integrations with Synchrony Financial, a new branded mobile debit product, loyalty points facilitated by KickBack Rewards System and an in-vehicle payment demonstration with Honda Developer Studio that allows consumers to purchase fuel from the infotainment unit of their car. “A company with the innovative spirit of Phillips 66 helps move the entire retail fueling industry forward,” said Donald Frieden, founder and CEO of P97. “P97 is working with Phillips 66 to integrate existing technologies such as their proprietary credit and loyalty programs into a comprehensive mobile commerce platform, creating a seamless commerce experience for consumers.” Phillips 66 is currently testing mobile commerce connected sites in the Texas and Oklahoma regions, with a nationwide rollout planned for 2017 into 2018. About U.S. Marketing at Phillips 66 Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Headquartered in Houston, the company has 14,600 employees committed to safety and operating excellence. Using a network of branded marketers and dealers operating approximately 7,500 outlets, its U.S. Marketing business supplies TOP TIER® Detergent Gasolines under the Phillips 66®, 76® and Conoco® brands. For more information about Phillips 66, visit www.phillips66.com or follow us on Twitter @Phillips66Co. For more information about the company’s U.S. fuel brands, visit Phillips 66’s U.S. Consumer Brands webpage. P97 Networks provides secure cloud based mobile commerce and digital marketing solutions for the convenience retail and fuels marketing industry under the brand name PetroZone®. P97’s mCommerce solutions enhance the ability of convenience store operators, marketers, and oil companies to attract and retain customers by providing technology that securely connects millions of individual mobile phones and connected cars with identity and geo-location based software technology to create truly unique connected-consumer experiences. P97’s software personalizes the “find-buy-save” experience for every mobile consumer. For more information follow us on Twitter @p97networks or visit www.p97.com.
News Article | May 23, 2017
If you’re looking to buy something, but don’t want to pay for it yet, Blispay thinks it has the solution for you. The startup works with small and mid-sized businesses to help retail customers defer payments for six months. Baltimore-based Blispay has been gaining traction and raised an additional $12 million in funding after raising about the same amount last year. FirstMark Capital and New Enterprise Associates were among the participants in this round. Vince Talbert, co-founder of Bill Me Later and partner at Camden Partners is joining the board. Blispay founder and CEO Greg Lisiewski told TechCrunch that he is looking to take on Max Levchin’s Affirm and also PayPal Credit, where he used to work. But instead of just focusing online, they want to bring this concept to physical stores. There are already competitors like Synchrony Financial who work with larger businesses, but Lisiewski felt that medium-sized retailers were underserved. Blispay is “really focused on leveling the playing field,” he said. If someone walks into a participating store and wants to make a purchase of at least $199 without paying anything upfront, they can sign up on the Blispay app in 2-3 minutes and once they submit the form they will find out if their credit is approved within 15-20 seconds. They can then take the item home without any payments or any interest for six months, while also getting 2% cash back. Blispay makes money off customers who don’t end up paying for the item when the six months comes around and then they are subject to 19.99% interest. But as far as the businesses are concerned, it costs them nothing more than the roughly 3% credit card processing fee that they would be paying Visa anyway. Blispay allows businesses “to leverage technology in a way that makes it efficient and affordable to service a far broader swath of a merchant base,” said Lisiewski. Blispay also works online and can even double as a regular credit card. If the purchases are less than $199, the payment is due in 30 days. The startup launched in 2014 and currently has 500 merchant partners and “thousands” of consumers using the service. Their initial focus was on the mid-Atlantic region, but they plan to use the funding to further expand nationally.
News Article | May 9, 2017
STAMFORD, Conn.--(BUSINESS WIRE)--Synchrony Financial (NYSE:SYF), a premier consumer financial services company, announced today a multi-year contract providing consumer financing for e-commerce leader zulily, llc. For the first-time, zulily will launch a private label credit card program allowing its customers to purchase the merchandise which they visit and shop for every day. Synchrony Financial has also renewed the consumer financing program for QVC, a leading global multiplatform retailer. Both QVC and zulily are wholly owned subsidiaries of Liberty Interactive Corporation. The launch of the zulily credit card is expected in late 2017 or early 2018, and will provide millions of customers an additional payment option with added value to cardholders. Additionally, QVC’s QCard card holders will be able to use their card to make purchases on zulily. “ We strive to deliver an exceptional customer experience and constantly innovate to enhance our customer experience. With over 90% of purchases coming from existing customers*, we believe they will be delighted with a new financing option that provides added value to their daily shopping experience,” said Darrell Cavens, President and CEO of zulily. “ We’re partnering with one of the largest customer driven credit card issuers in the country, and we look forward to leaning into Synchrony Financial’s extensive expertise to drive this program for the business as well as provide a compelling customer benefit.” “ We’re excited to work with a leading retailer like zulily,” said Tom Quindlen, executive vice president and CEO, Retail Card, Synchrony Financial. “ zulily has demonstrated its ability to engage and captivate its customers. We look forward to launching a strong credit card program and working with QVC and zulily to develop and grow both programs.” *During the first quarter of 2017. Synchrony Financial (NYSE: SYF) is one of the nation’s premier consumer financial services companies. Our roots in consumer finance trace back to 1932, and today we are the largest provider of private label credit cards in the United States based on purchase volume and receivables.* We provide a range of credit products through programs we have established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers to help generate growth for our partners and offer financial flexibility to our customers. Through our partners’ over 365,000 locations across the United States and Canada, and their websites and mobile applications, we offer our customers a variety of credit products to finance the purchase of goods and services. Synchrony Financial offers private label and co-branded Dual Card™ credit cards, promotional financing and installment lending, loyalty programs and FDIC-insured savings products through Synchrony Bank. More information can be found at www.synchronyfinancial.com, facebook.com/SynchronyFinancial, www.linkedin.com/company/synchrony-financial and twitter.com/SYFNews.
News Article | May 10, 2017
Synchronous phenomena are central to many fields, including technology, finance, molecular biology, physics, music and psychology (see Supplementary Information for references). Yet conceptual inconsistencies are thwarting the upsurge of interest in this ubiquitous topic, which a shared definition of synchrony could address. Synchrony is often taken to mean loose coordination patterns among processes, individuals or populations — tidal rhythms and animals' mating behaviours are examples. In this guise, synchrony has teleological and mechanistic connotations. Alternatively, synchrony can refer to the precise coincidence of events in time, such as two photons reaching a sensor or musicians playing in unison. Conflating different meanings generates confusion and misinterpretation. It is time to engage in an interdisciplinary debate and converge on common definitions. We might, for instance, adopt the most restrictive definition of synchrony — already used in mathematics and physics — and appropriately qualify looser forms of co-occurrence. This would endow the life sciences and social sciences with the quantitative tools that mathematics has been refining for decades.
Synchrony | Date: 2016-10-19
The electronic device may invoke a host application. The device may display a first host user interface on the display, the first host user interface including a first host user interface component associated with a child application. In response, the device may invoke, using the host application, the child application executed at the electronic device. The device may transmit, using the host application, a request for data associated with a child user interface component to the child application. The device may transmit, using the child application, the request for data associated with the child user interface component to a child application server, wherein the data associated with the child user interface component is inaccessible by the host application. The device may receive, using the child application, the data associated with the child user interface component from the child application server. The device may display the child user interface component.
Synchrony | Date: 2013-02-08
A system, comprising instructions executing on at least one computing device, to evaluate investment opportunities for an enterprise and calculate, for each investment opportunity, a strategic value of the investment opportunity to the enterprise and an estimated financial return of the investment. In some embodiments, in evaluating the strategic value of an investment opportunity, the opportunity evaluation system may assign to the investment opportunity one or more values with which the system was configured prior to receipt of information regarding the investment opportunity. The values that are assigned may be determined by the opportunity evaluation system in advance of evaluating investment opportunities, based at least in part on information collected from people affiliated with the enterprise. By determining the values in advance and evaluating each investment opportunity based on these predetermined values, the opportunity evaluation system may provide an objective and unbiased review of investment opportunities for the enterprise.
Synchrony | Date: 2016-01-08
A method of concentrating directional radiant energy using reflective optics and receivers that convert that energy wherein the receivers are situated in the body of the reflector on risers parallel to the direction of radiant energy, each said riser bounded by at least one parabolic mirror lying closer and another lying farther from the energy source, where the focus or foci of said mirrors lie substantially in the direction faced by the receiver situated in said riser. The reflector geometries include ones in which the mirrors are parabolic cylinder sections and require only one-axis tracking to focus, and ones in which the mirrors are paraboloid sections and require two-axis tracking to focus sunlight.
Synchrony | Date: 2011-06-23
Certain exemplary embodiments can provide a system, machine, device, manufacture, circuit, composition of matter, and/or user interface adapted for and/or resulting from, and/or a method and/or machine-readable medium comprising machine-implementable instructions for, activities that can comprise and/or relate to: via a thrust stator of a magnetic bearing, the thrust stator adapted to be split into sectors so that a shaft of a machine can be removed from the magnetic bearing, producing an axi-symmetric field at each pole face of the thrust stator when the sectors are operatively assembled in the machine; and/or a magnetic bearing thrust stator, comprising a plurality of stator sectors, each of the stator sectors comprising a semi-circumferentially slotted stator portion comprising a plurality of semi-circumferential poles and a first coil portion shaped to fit substantially within the semi-circumferentially slotted stator portion.
Synchrony | Date: 2012-11-27
A method of concentrating directional radiant energy using reflective optics and receivers that convert that energy wherein the receivers are situated in the body of the reflector on risers parallel to the direction of radiant energy, each said riser bounded by at least one parabolic mirror lying closer and another lying farther from the energy source, where the focus or foci of said mirrors lie substantially in the direction faced by the receiver situated in said riser. The reflector geometries include ones in which the mirrors are parabolic cylinder sections and require only one-axis tacking to focus, and ones in which the mirrors are paraboloid sections and require two-axis tracking to focus sunlight.
Synchrony | Date: 2015-05-18
A system for collecting solar energy using a plurality of energy collection elements arranged in a planar array within a stationary base structure, each comprising: an energy capture unit with optical means of focusing directional sunlight parallel to its axis onto one or more sunlight-to-electricity converters within itself, and means of sensing divergence of its axis from the suns direction; and an angular positioning unit that orients said capture unit about two nested axes by slidably mounting two arcuate tracks in opposed and perpendicular arcuate slots, a convex track within said energy capture unit and a concave track within said base structure, each said slot equipped with a drive apparatus that engages its respective track and moves the positioner along it. The invention provides methods for determining the shapes and arrangement of such elements so as to maximize aperture efficiency while preventing collisions of adjacent elements.