#LoyaltyPrograms / JPMorgan is acquiring a major credit card rewards business in a bet that travel will rebound next year

The bank agreed Monday to acquire the technology platforms, travel agency, gift card and points businesses of cxLoyalty Group, a privately-held Stamford, Connecticut-based companyююю JPMorgan is taking about half of the company’s 3,100 employees in the transaction and will create a new business within its retail division reporting to Marianne Lake, head of the bank’sContinue reading “#LoyaltyPrograms / JPMorgan is acquiring a major credit card rewards business in a bet that travel will rebound next year”

#LoyaltyPrograms / How Betterment is using cash back rewards as an engagement driver

Betterment, one of the early independent robo-advisers, is using cash back rewards to advance its journey to become a “smart money manager,” combining checking, savings and investing alongside tailored advice. Cash back rewards help drive transaction activity on Betterment debit cards, encouraging customers to designate them as “top of wallet” payment vehicles. The company saidContinue reading “#LoyaltyPrograms / How Betterment is using cash back rewards as an engagement driver”

#LoyaltyPrograms / Curve expands its all-in-one service to include loyalty cards

All-your-cards-in-one fintech Curve is adding loyalty card support for the UK and European retailers like Boots, Costa Coffee, IKEA and more to its app. The move means Curve users can leave more cards at home… It also means Curve is now challenging Stocard, Stampapp and others who’ve been trying to gain loyalty card market shareContinue reading “#LoyaltyPrograms / Curve expands its all-in-one service to include loyalty cards”

#POSFinance #BNPL / Afterpay’s Laura Nadler on the new loyalty program and expansion plans

Afterpay is one of the fastest growing buy now, pay later firms in the world. Based out of Australia, the fintech has recently expanded into the US and is planning to expand to Canada… Afterpay allows consumers to buy now, take now and pay later with four interest free installments. It’s actually not a traditionalContinue reading “#POSFinance #BNPL / Afterpay’s Laura Nadler on the new loyalty program and expansion plans”

#LoyaltyPrograms / Mobile bank Current launches a points rewards program for debit card users

… challenger bank Current is launching a new program that will offer points-based rewards to its checking account customers. The program will allow Current members to earn up to 15x points on everyday debit card purchases… The points program is an alternative to other credit cards’ “cashback” offerings, which reward users immediately with cash theyContinue reading “#LoyaltyPrograms / Mobile bank Current launches a points rewards program for debit card users”

#Cards / Point wants to provide credit card rewards with debit cards

… While Point is technically providing a bank account, the company focuses on rewards associated with a debit card. [CEO/co-founder:] “I started Point as a solution about everything that is frustrating and complicated about credit cards. The incentives between credit card companies and cardholders are misaligned … What would American Express look like today?” heContinue reading “#Cards / Point wants to provide credit card rewards with debit cards”