A payment is never just a payment. Increasingly, it is a gateway into a lifelong customer relationship. And with the recent trend across the payments landscape of financial services firms like JPMorgan Chase and PayPal creating their own ad networks that use data from user purchases, the integration...
As retailers look for ways to boost sales with their most loyal customers, Nordstrom is finding that supplementing its digital loyalty program with in-person events is driving engagement. On a call with analysts Thursday (May 30) discussing the company’s first quarter fiscal 2024 financial results,...
Most credit cards — more than 80% — offer rewards to their users. But making the most of those rewards can be a challenge, particularly for shoppers already caught up in the throes of the purchase occasion. And making matters more complicated is the fact...
Citi is enhancing its Premier credit card to offer new benefits and protections for travelers. The banking giant’s Strata Premier card, announced Monday (May 13), offers increased benefits and more opportunities to earn rewards, and comes amid a surge in spending on travel across age and income...
May 21, 2024
Most credit cards — more than 80% — offer rewards to their users. But making the most of those rewards can be a challenge, particularly for shoppers already caught up in the throes of the purchase occasion. And making matters more complicated is the fact that, as Tikue Anazodo, co-founder and CEO of Kudos, told PYMNTS CEO Karen […]
May 10, 2024
They’re probably not going to Paris to see Taylor Swift. But spending among older, high-income consumers has led a Q1 travel surge that cuts across income and age boundaries, even if...
May 07, 2024
General-purpose credit cards dominate the consumer credit card landscape. In fact, about 2.5 times more consumers hold general-use credit cards than either co-branded credit or store cards, with substantially wider...
April 29, 2024
It was restaurateur and self-styled pop culture icon Guy Fieri who said recently: “Food is not just eating energy. It’s an experience.” It’s a statement that rings true for Steve...
May 13, 2024
Citi is enhancing its Premier credit card to offer new benefits and protections for travelers. The banking giant’s Strata Premier card, announced Monday (May 13), offers increased benefits and more opportunities to earn rewards, and comes amid a surge in spending on travel across age and income brackets. “We heard from our cardmembers that they want to […]
May 10, 2024
Wells Fargo has launched a business credit card designed to provide easy-to-understand cash rewards. The new Signify Business Cash Worldwide Elite Mastercard offers unlimited 2% cash rewards on business purchases, with no annual...
May 01, 2024
Payments platform Sezzle wants to reward users to stay on top of their bills. To that end, the company on Wednesday (May 1) announced the launch of Payment Streaks, a feature designed...
April 24, 2024
TikTok has suspended a rewards program on TikTok Lite amid a dispute with European Union (EU) regulators. “TikTok always seeks to engage constructively with the EU Commission and other regulators,” the TikTok Policy...