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Synchrony Announces Executive Leadership Changes to Advance Digital Growth, Customer Experience and AI Momentum

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STAMFORD, Conn., June 29, 2026 /PRNewswire/ — Synchrony (NYSE: SYF), a premier consumer financial services company, today announced executive leadership changes in its Digital platform and Technology and Operations organizations.

Carol Juel has been named Executive Vice President and Chief Executive Officer of Synchrony’s Digital platform, reporting to Brian Doubles, President and Chief Executive Officer of Synchrony.

Juel succeeds Bart Schaller, who has announced his plans to retire from the company after a 35-year career. Juel will be responsible for advancing innovation, customer experience and consumer financing capabilities for digital-first partners including Amazon, PayPal, Venmo and Verizon. She most recently served as Synchrony’s Executive Vice President, Chief Technology and Operating Officer, where she led the company’s Technology and Operations organizations and drove modernization of its platforms and customer experiences.

“Bart has been an extraordinary leader for our company, and we’re grateful for his lasting contributions,” said Doubles. “Carol is the right leader to build on that foundation by leading our Digital platform. She brings a digital-first mindset as well as deep technology and innovation experience to help us deliver even more for our partners and customers.”

Synchrony also announced that Florin Arghirescu has been promoted to Executive Vice President and Chief Technology Officer, reporting to Doubles. He will lead Synchrony’s Technology team and be responsible for enterprise technology strategy and execution, including the company’s AI agenda, engineering and platform capabilities. He brings more than 25 years of experience across technology and product development leadership roles.

DJ Casto will expand his responsibilities and become Executive Vice President, Chief People and Operations Officer, continuing to report to Doubles. Casto will continue to lead Human Resources and will assume responsibility for Operations, including servicing, collections and customer care, with a focus on operational excellence and building on our strong customer experience capabilities.

“Florin has the technical depth and enterprise perspective to accelerate our AI momentum and advance our technology strategy, and DJ has a proven track record developing talent and leading large teams that support customers every day,” Doubles added. “Together, they will help us scale innovation and strengthen the capabilities and culture that make Synchrony a great place to work.”

“As a company that helps power financial flexibility and access for millions of Americans and their families, Synchrony plays an important role in everyday lives and the broader economy,” Doubles said. “These leaders will help us continue delivering for our partners and customers, accelerate AI adoption, advance emerging areas like agentic commerce, and build the talent and platforms that will drive our next phase of growth and value for our stakeholders.”

About Synchrony

Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation’s most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.

Forward-Looking Statements

This press release includes certain forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections.  Forward-looking statements may be identified by words such as “will” or words of similar meaning.  The forward-looking statements convey our expectations related to the executive leadership changes, business and product developments, and growth plans, and are subject to inherent uncertainties, risks and changes that are difficult to predict, may change over time and many of which are beyond our control. As a result, actual results could differ materially from those indicated in these forward-looking statements.   For these reasons, we caution you against relying on any forward-looking statements, which should also be read in conjunction with our public filings, including under the heading “Risk Factors Relating to Our Business” and “Risk Factors Relating to Regulation” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as filed on February 6, 2026. Any forward-looking statement speaks only as of the date on which it is made and we undertake no obligation to update any forward-looking statement, except as otherwise may be required by law.

Investor Relations:
Kathryn Miller
Synchrony
kathryn.miller@syf.com
(203) 585-6291

Media Relations:
Ashley Tufts
Synchrony
ashley.tufts2@syf.com
(203) 216-6277

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SOURCE Synchrony

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Malaysia Gifts Fair 2026 Opens Its Biggest Edition Yet — Redefining Sustainable Gifting for a Better Tomorrow

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KUALA LUMPUR, Malaysia, June 30, 2026 /PRNewswire/ — The 16th Malaysia Gifts Fair officially opens its doors today at the Kuala Lumpur Convention Centre, marking the largest and most ambitious edition in the fair’s history.

Organised by the Malaysian Gifts & Premium Association (MGPA) and proudly endorsed by the Ministry of Tourism, Arts and Culture (MOTAC), Malaysia Gifts Fair 2026 arrives under the theme “Redefining Sustainable Gifting for a Better Tomorrow” — a declaration of the industry’s commitment to purposeful, responsible, and forward-looking gifting practices.

For the first time, the fair expands to four full exhibition halls at Kuala Lumpur Convention Centre — Hall 1 through Hall 4 — running from 30 June to 2 July 2026, daily from 10 AM to 6 PM. This expansion reflects the remarkable growth of the platform and the industry’s growing confidence in what Malaysia Gifts Fair represents. The fair is expected to welcome over 16,000 trade professionals across three days, including corporate buyers, procurement teams, gift agents, and industry leaders from across the region.

This edition brings together 400+ booths showcasing 50,000+ products across 10 major product categories — from sustainable products and customised apparel, to innovative gadgets, stylish bags, trophies, printing machinery, and packaging solutions. 

This year also features participation of the handicraft industry alongside international exhibitors from Taiwan, Singapore, Thailand, Hong Kong, Bangladesh, France, and Uzbekistan, further completing the supply chain of the gifting industry and enhancing the diversity of the showcase.

Malaysia Gifts Fair 2026 also marks a historic achievement — the fair has been awarded the Asia Records certification as The Largest Gifts & Premium Fair in Asia, recognising its scale, influence, and standing as a defining event in Asia’s gifting and premium trade landscape.

“The global business landscape is shifting. ESG compliance is no longer a corporate aspiration — it is a global standard. Technology and AI are reshaping how business is done. And across industries, decision-makers are under growing pressure to source smarter, faster, and with greater accountability,” said MGPA President, Mr. Ivan Loo.

“Malaysia Gifts Fair 2026, themed ‘Redefining Sustainable Gifting for a Better Tomorrow,’ reflects exactly where the industry must go. It is our commitment — as an association and as an industry — to align gifting with purpose, to embrace innovation with responsibility, and to ensure that Malaysia remains at the forefront of the regional gifting trade,” he added.

Organising Chairman Mr. Alex Chai highlighted the significance of this year’s expansion. “This year, we are proud to present the largest edition of Malaysia Gifts Fair to date. The expansion to four full exhibition halls is a milestone that reflects the remarkable growth of this platform and the industry’s confidence in what Malaysia Gifts Fair represents — more space, more exhibitors, more connections.”

He added, “Malaysia Gifts Fair was officially recognised by the Asia Book of Records. This achievement is not only a recognition of the fair’s scale and industry impact, but also a shared success made possible by every exhibitor, buyer, partner, and supporter who has journeyed with us over the years. We sincerely thank everyone for their continuous support in elevating Malaysia’s gifting industry to greater heights.”

Aligning with the spirit of Visit Malaysia Year 2026, Malaysia Gifts Fair 2026 contributes meaningfully to Malaysia’s position as a premier business tourism destination — drawing international industry professionals to our shores and showcasing the best of what Malaysia’s gifts and premium trade has to offer.

Malaysia Gifts Fair 2026 is open to all trade professionals from 30 June to 2 July 2026 at Kuala Lumpur Convention Centre, Hall 1 – Hall 4, from 10 AM to 6 PM daily. Business visitors may register at malaysiagiftsfair.com.my/visitor.

For more information, please visit: www.malaysiagiftsfair.com.my

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SOURCE Malaysian Gifts & Premium Association (MGPA)

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Temu Signs MOU With Korean Intellectual Property Protection Agency to Strengthen IP Protection for Korean Brands

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The partnership advances intellectual property protection for Korean brands across Temu’s platform, which operates in more than 90 markets

SEOUL, South Korea, July 1, 2026 /PRNewswire/ — Temu, the global e-commerce platform, has signed a Memorandum of Understanding (MOU) with the Korea Intellectual property Protection Agency (KOIPA) to strengthen IP protection for Korean brands (K-brands) on the platform.

Under the partnership, Temu and KOIPA will operate a dedicated communication channel to facilitate rapid response and enforcement against IP infringement affecting K-brands. Temu will apply its proprietary detection technology and global team of expert reviewers to identify and remove infringing listings, while KOIPA will support these efforts by verifying the authenticity and ownership of IP rights tied to K-brand products.

The agreement comes as more K-brands expand their presence on global e-commerce platforms, increasing the importance of worldwide IP protection. KOIPA, which supports the work of the Ministry of Intellectual Property, will guide Korean companies in using Temu’s IP protection tools.

“This agreement marks the starting point for practical cooperation to block K-brand counterfeit goods,” said Shin Sang-gon, president of KOIPA. “Through our work with Temu, KOIPA will act against counterfeit Korean-brand goods on online platforms at home and abroad, and support the protection of intellectual property rights across markets.”

Temu’s enforcement system screens for IP risk at every stage, from seller vetting and pre-listing checks to around-the-clock monitoring after listings go live. The system’s proactive monitoring database covers more than 15,000 brands, drawing on over 47 million images and 9.5 million keywords. The average IP compliant resolution time is less than 24 hours.

“Protecting intellectual property is essential to building a marketplace that consumers and brands can trust,” said a Temu spokesperson. “Partnering with KOIPA reflects our ongoing commitment to IP protection and to working with rights holders and regulators to keep counterfeits off the platform.” These partnerships build on existing Temu initiatives. The Brand Guardian Initiative, launched in April 2024, gives brands protection tools, integration into the platform’s enforcement systems, and one-on-one support, even if they don’t sell on Temu. Temu also offers a comprehensive suite of IP compliance courses through the Seller Education Center.

Temu has implemented a proactive global consumer awareness feature across all operating markets. When users input counterfeit-related terms, such as “fake,” “counterfeit,” or “dupe,” these searches return no results, and educational messages are displayed to discourage the purchase of counterfeit goods. As of May 2026, this feature has blocked counterfeit-related keyword searches over 200 million times globally, providing real-time guidance to consumers at the point of search.

Temu launched its Local Seller Program in Korea in May 2025, giving local businesses a way to sell and ship to millions of domestic customers, while offering Korean shoppers a wider range of products. As K-brands grow their presence on the platform, the partnership with KOIPA is intended to help strengthen IP protection as they expand into new markets.

Temu is also a member of the International AntiCounterfeiting Coalition, International Trademark Association and MARQUES IP Association.

About Temu
Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands, and business partners. Operating in more than 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives.

About KOIPA
The Korea Intellectual Property Protection Agency (KOIPA) is a public institution dedicated to protecting the intellectual property rights of Korean enterprises domestically and internationally. Through proactive anti-counterfeiting measures and comprehensive IP support, KOIPA aims to foster a fair and sound business ecosystem for Korean brands worldwide.

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SOURCE Temu

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MDT Launches AMR4020VD High-Precision Magnetic Scale Sensor IC

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— Advanced Sensor Design and Innovative Package Design Enable Parallel PCB Mounting for Compact, High-Precision Industrial Motion Control Systems

SHANGHAI, July 1, 2026 /PRNewswire/ — MultiDimension Technology Co., Ltd. (MDT), a leading supplier of magnetic sensors specializing in Tunneling Magnetoresistance (TMR) technology, today announced the launch of its AMR4020VD high-precision magnetic scale sensor IC for linear and rotary displacement measurement. MDT will showcase the new sensor, together with its latest TMR and AMR magnetic sensor portfolio, at Electronica Shanghai 2026 (Booth N3.501).

The AMR4020VD combines MDT’s advanced AMR sensor design with innovative package design to deliver high measurement accuracy, excellent temperature stability, outstanding immunity to external magnetic field interference, and easier system integration for compact encoder designs. The sensor significantly relaxes the alignment and mounting constraints of conventional magnetic scale sensors, giving engineers greater design flexibility for next-generation encoder and motion control systems.

A key innovation of the AMR4020VD is its support for both perpendicular and parallel PCB mounting relative to the magnetic scale or magnetic ring. Unlike conventional solutions that require the sensor to be mounted along the PCB edge, the AMR4020VD enables parallel PCB mounting, maximizing board space utilization while simplifying routing and system integration. The innovative configuration also enables more consistent air-gap control during assembly, improving assembly consistency and manufacturing yield while maintaining high positioning accuracy. By removing longstanding PCB layout and assembly constraints, the AMR4020VD gives encoder designers greater freedom to develop smaller, more reliable, and more cost-effective industrial motion control systems.

The AMR4020VD is ideal for industrial encoders, CNC machines, linear motors, robotics, semiconductor manufacturing equipment, precision positioning stages, and other high-performance motion control applications.

Key Features

Advanced sensor design and innovative package design enabling both parallel and perpendicular PCB mounting for greater layout flexibility.Optimized for 2mm pole-pitch magnetic scales and magnetic rings.Differential sine/cosine outputs for high-resolution position interpolation.Wide 5V to 9V operating voltage.Industrial operating temperature range of -40°C to +125°C.High immunity to external magnetic fields up to 1500 Gauss.Supports air gaps up to approximately 1mm, simplifying installation and mechanical design.Compact DFN21L package (6×2×1.5mm).

The AMR4020VD is available through DigiKey and MDT’s online store at www.tmr-sensors.com. For volume pricing, delivery information, or technical support, please contact MDT Global Sales at sales@dowayusa.com.

About MDT
MultiDimension Technology was founded in 2010 in Zhangjiagang, Jiangsu Province, China, with branch offices in Shenzhen, Chengdu, and Ningbo in China, Singapore, Tokyo, Japan, and San Jose, Calif., USA. MDT has developed a unique intellectual property portfolio, and its self-owned state-of-the-art TMR manufacturing facilities that can support volume production of high-performance, low-cost TMR magnetic sensors to satisfy the most demanding application needs. Led by its core management team of elite experts and veterans in magnetic sensor technology and engineering services, MDT is committed to creating added value for its customers and ensuring their success. For more information about MDT please visit http://www.multidimensiontech.com.

Media Contacts
MDT sales department, sales@dowayusa.com, sales@dowaytech.com
Tel: +1-650-275-2318 (US), +86-189-3612-1156 (China)

View original content:https://www.prnewswire.com/apac/news-releases/mdt-launches-amr4020vd-high-precision-magnetic-scale-sensor-ic-302814750.html

SOURCE MultiDimension Technology Co., Ltd.

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