Alliance Data Systems - News, Articles & Research

Company announcement/payments

Alliance Data rebrands as Bread Financial

Alliance Data (NYSE: ADS) today announced it will now be known as Bread Financial, a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions.

23 March 2022

Company announcement/payments

Alliance Data's Bread business to offer BNPL product to Sezzle merchants

Alliance Data Systems Corporation (NYSE: ADS), a leading global provider of data-driven marketing, loyalty and payment solutions and Sezzle Inc. (ASX: SZL), a top-rated, purpose-driven buy now, pay later (BNPL) solution, today announced that Alliance Data's Bread business will offer its pay-over-time installment loan product through Sezzle's merchant network.

25 October 2021

News/payments

Royal Bank of Canada moves into BNPL market

Royal Bank of Canada is moving into the buy now, pay later realm through a partnership with Alliance Data's Bread.

01 February 2021

Company announcement/payments

Alliance Data Systems closes Bread acquisition

Alliance Data Systems Corporation (NYSE: ADS), a leading provider of data-driven marketing, loyalty and payment solutions, today announced it has completed the acquisition of Lon Inc., a technology-driven digital payments company operating under the trademark Bread, offering an omnichannel solution for retailers and platform capabilities to bank partners.

04 December 2020

News/payments

Alliance Data to buy BNPL player Bread

Marketing, loyalty and payments specialist Alliance Data has agreed a $450 million stock and cash acquisition of buy now, pay later firm Bread.

29 October 2020

Company announcement/payments

Alliance Data moves credit card processing to Fiserv

Alliance Data Systems Corporation (NYSE: ADS), a leading provider of data-driven marketing, loyalty and payment solutions, today announced that its Card Services business, a premier provider of branded private label, co-brand and commercial card programs, has signed an agreement to transition credit card processing services to Fiserv (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions.

22 October 2020

Company announcement

Alliance Data ships dual-interface chip card

Alliance Data Systems Corporation's card services business, a premier provider of branded private label, co-brand and commercial credit programs, has introduced an EMV-based co-brand credit card solution with tap-and-pay functionality for its retail partners.

08 September 2015

News

Judge dismisses Alliance Data suit against Blackstone

A US judge has dismissed a lawsuit filed by Alliance Data Systems (ADS) against Blackstone after the private equity group's proposed acquisition of the card processor fell through.

16 January 2009