Ally Financial Inc. (NYSE: ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for ...

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.

Financial services company Ally Financial ( NYSE: ALLY) has reached an agreement to sell its credit card business to ...

Sale enables Ally to be more focused on its core businesses; acquisition enhances CardWorks' position as a leading credit card issuer and servicer CHARLOTTE, N.C. and WOODBURY, N.Y., Jan. 22 ...

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

Sale enables Ally to be more focused on its core businesses; acquisition enhances CardWorks' position as a leading credit card issuer and servicer "Ally's decision to sell its credit card ...

CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...

Jan 22 (Reuters) - Consumer lender Ally Financial (ALLY.N), opens new tab has agreed to sell its credit card business to credit and payments firm CardWorks, the companies said on Wednesday.

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 ...

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

Financial services company Ally Financial (NYSE:ALLY) has reached an agreement to sell its credit card business to CardWorks. The transaction is expected to close in 2025, subject to the ...