Rewards

A cashback reward program is an incentive program operated by credit card companies where a percentage of the amount spent is paid back to the card holder.

Source: en.wikipedia.org

Gen Z Card Users Are Dissatisfied With Rewards Programs
Gen Z Card Users Are Dissatisfied With Rewards Programs
March 25, 2024  |  Loyalty & Rewards

Generation Z consumers, those often digitally savvy 18- to 25-year-olds, have emerged as an important target market for financial institutions (FIs) seeking to expand their...

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ShopBack Cuts 24% of Staff Amid BNPL Retreat
ShopBack Cuts 24% of Staff Amid BNPL Retreat
March 19, 2024  |  BNPL

Singapore’s ShopBack is cutting a quarter of its staff as it exits the BNPL space. CEO Henry Chan announced the cuts in a message to employees Tuesday (March 19), saying...

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EU Regulation Forces Retailers to Rethink Loyalty Programs
EU Regulation Forces Retailers to Rethink Loyalty Programs
March 18, 2024  |  Loyalty & Rewards

Read anything about the recent March 7 enforcement date for the EU’s new Digital Markets Act (DMA) and you’ll inevitably see a focus on big tech companies,...

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Inflation Concerns Sideline Small Business Borrowing
Inflation Concerns Sideline Small Business Borrowing
March 15, 2024  |  SMBs

With the news that inflation climbed upward last month, many small- to medium-sized businesses (SMBs) may find themselves walking a tightrope with even fewer safety nets...

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Card-Linked Discounts May Win Over Inflation-Concerned Consumers 
Card-Linked Discounts May Win Over Inflation-Concerned Consumers 
March 14, 2024  |  Consumer Insights

As PYMNTS reported this week, while most U.S. consumers appear untroubled by the prospect of near-term inflation, their anxiety levels rise at the prospect of...

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American Express Taps Point.me to Facilitate Using Points for Flights
American Express Taps Point.me to Facilitate Using Points for Flights
March 11, 2024  |  Travel Payments

American Express has partnered with point.me to make it easier for cardholders to find and book flights with their rewards points. Point.me, a points and travel reward...

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Wells Fargo Courts Frequent Travelers With New Autograph Card
Wells Fargo Courts Frequent Travelers With New Autograph Card
March 06, 2024  |  Credit Cards

Wells Fargo has added a card to its Autograph suite to woo frequent travelers.  The banking giant’s Autograph Journey card, announced Wednesday (March 6), offers accelerated earnings...

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Blackhawk Network Debuts Code-Based Rewards Payouts
Blackhawk Network Debuts Code-Based Rewards Payouts
February 15, 2024  |  Loyalty & Rewards

Blackhawk Network (BHN) has introduced a new way for businesses to distribute customer loyalty rewards. The branded payments provider’s “Select Codes” offering, announced Thursday (Feb. 15), is...

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Bank of America and Starbucks Partner on Rewards Program
Bank of America and Starbucks Partner on Rewards Program
February 15, 2024  |  Loyalty & Rewards

Customers of Bank of America and Starbucks can now earn more benefits by linking those accounts. A new partnership between the two companies allows Bank of America cardholders and Starbucks...

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