Small-merchant loyalty program startup Thanx launched on Tuesday (Nov. 4) with $4.7 million in funding from Sequoia Capital and partnerships with Visa, MasterCard and Apple Pay — making it the only rewards provider that works with Apple’s mobile payment system, according to TechCrunch. To streamline...
Best Buy is reportedly switching its credit-card processing partner to Visa from MasterCard, according to Bloomberg. Visa CEO Charles Scharf told analysts during an earnings call last week that “we’ve agreed to terms to move a significant consumer credit co-brand from a competitor to Visa,”...
The San Francisco 49ers have gone live with a network of beacons that covers all 1.85 million square feet of their football stadium, TechCrunch reported. The beacon network, with an accompanying smartphone app, is designed to help crowds at the 68,000-seat Levi’s Stadium quickly and...
B2B data analytics specialist Madison Logic on Monday (Nov. 3) launched a sister company after “outpaced revenue expectations,” the company said. The New York City-based provider created Madison Logic Data, to be run by Madison Logic founder and CEO Erik Matlick. Tom O’Regan, who most...
Verifone is testing a program with MasterCard to feed payment-card-linked offers to a captive audience of taxi passengers in Las Vegas, Chain Store Age reported. The pilot program, which runs through Nov. 6 in Las Vegas cabs equipped with Verifone payment terminals, displays targeted offers...
Whoever said there’s no such thing as bad PR obviously wasn’t on the receiving end of the whooping that Rite Aid, CVS and CurrentC took last week over their decision to turn off support for Apple Pay in their stores. It’s unlikely that anyone thinks...
Although Starbucks CEO Howard Schultz said his coffee company has already found the recipe to capture a loyal base of mobile customers, he said the launch of Starbucks’ mobile order and pay app in December will be the single-most important technology innovation introduced by the...
The six-year-old Atlanta-based Cardlytics bank data analytics firm has just pulled in $70 million investments as it preps for an IPO. “The six-year-old company uses the transaction history of customers in participating banks — credit card payments, checks written, debit card withdrawals — to define...
Apple has a loyalty program linked to Apple Pay that could launch sooner than expected, according to Payment Week. Since mid-August, rumors have been circulating about an Apple rewards plan. Initially, the plan was expected to launch in October 2015, possibly to coincide with Apple...
