$Synchrony Financial(SYF-B)$ has entered into a new partnership with Jewelers Mutual, an insurer specializing in the protection of jewelry and jewelry businesses. This collaboration aims to combine finance and insurance marketing efforts to benefit jewelry merchants and their customers. Through this agreement, Synchrony's financing solutions will be featured in Jewelers Mutual's marketing materials and on the Zing Marketplace, a platform for member retailers. This partnership will allow jewelry merchants to offer their customers financing options, making purchases more affordable, while also raising awareness about insurance coverage for their cherished jewelry. Synchrony's offerings are currently utilized by over 4,000 jewelry retailers nationwide, and this new partnership is expected to enhance the value provided to retailers and their customers.
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