This move aligns with Ally's mission to focus on its core services, including approximately 10 million customers in banking, ...

(Reuters) -Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, ...

Ally Financial Inc. (NYSE: ALLY) is a digital financial services company specializing in automobile loans. They were ...

Ally Financial Inc. reached a deal to offload its credit-card unit to CardWorks Inc., bowing out of a business it entered ...

Ally Financial Inc.'s Q4 results alleviated some credit loss concerns, but has elevated delinquencies and an uncertain 2025 ...

Ally Financial Inc. (NYSE:ALLY) also announced that it had reached an agreement with CardWorks, Inc. and its bank subsidiary, Merrick Bank, on the sale of Ally’s credit card business.

A Record Number of Consumers Are Making Minimum Credit Card Payments As Delinquencies Also Rise ...

Ally Financial announced an agreement to sell its credit card business to CardWorks, and its wholly-owned bank subsidiary, Merrick Bank. The card portfolio included $2.3 billion in credit card ...

Ally Financial Inc. (NYSE:ALLY) also announced that it had reached an agreement with CardWorks, Inc. and its bank subsidiary, Merrick Bank, on the sale of Ally’s credit card business.

Plans for the sale were hinted at earlier this year, a month after the CEO said the business wasn’t within Ally’s core focus.

Ally Financial Inc. (NYSE: ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire ...