The sixth largest US credit card issuer based on combined general purpose and private label credit card outstandings, Synchrony Financial, has purchased all the assets of Versatile Credit. Terms were not disclosed. of providing retailers with multiple sources of consumer financing options at checkout to boost and save sales. Since then, the availability of near-real-time financing at the point of sale that can serve every customer segment has become a core feature at most national and regional retailers. Currently, over 35 national and regional banks lenders are connected to Versatile Cr...