PerkStreet Financial To Cease Operations

What's Next In Payments®
6:34 AM EDT August 13th, 2013

Boston-based banking platform provider PerkStreet Financial has announced that it will close down next month due to a lack of funding, The New York Times reported on August 12.

The company discontinued its perks and cash-back rewards program, and cancelled all rewards balances effective Monday.

For analysis on the announcement and to hear feedback from users, read the full Times report here.

Topics:
Comments
Also by This Author
What's Hot
Company Spotlight
MasterCard Forecasts Future of Biometric Payments
News
Shopper Gets 422 Million Amex Reward Points – But Why?
News
Amex Gets Booted Out Of Costco Canada
News
SEC Investigates Western Union Over Digital Revenue Projections
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Webinars
Defining the Future of Payments Security
B2B Payments
Innovating ERP With Analytics
B2B Payments
HSBC: Significant Global Trade Growth Ahead
B2B Payments
B2B Marketplace Kinnek Secures $10M In Series A Funding
View All Articles ››