Loyalty & Rewards

Loyalty & Rewards
JC Penny’s Sales Turn Around Sparks Surge In Stock Price
May 16, 2014

While most analysts interest in embattled retailer JC Penny’s was limited to wondering who would write the best obituary when the ailing former-giant finally collapse, the company did something rather surprising in the first quarter of 2014. It turned its sales around. Same-store sales were...

Financial Inclusion
Mobile-Shopping App Boxed Raises $6.5 Million Sets Out To Compete With Amazon Prime
May 14, 2014

Wholesale enthusiasts will now have a new and possibly cheaper mobile shopping option than Amazon’s $100 per year service Prime. Boxed, the “Costco of mobile apps,” has just raised $6.5 million in its quest to the biggest player on the block when it comes to bulk,...

Loyalty & Rewards
Perks Outrank Price For Travelers According To American Express
May 14, 2014

A recent survey of 300 U.S. and Canada based travel professionals by American Express, in advance of the forthcoming summer travel season, revealed some interesting things about customer preferences when it comes to booking travel. For example, while a vast majority, almost 70 percent, believed...

Loyalty & Rewards
Orbitz Reports Strong Q1 Growth Backed By Enhanced Mobile And Rewards
May 14, 2014

Travel booking site Orbitz has reported its first quarter 2014 results, which boast modest but solid growth. Orbitz’s adjusted growth rate in Q1 was $0.33 year-on-year to $ 28.7 million with room night growth of 12% and net revenue growth of 4%. The company attributes much...

Loyalty & Rewards
Yogurty’s Sweet mWallet Expansion
May 14, 2014

Yogurty– a leading merchant of frozen yogurt so tasty that you won’t forget its not ice cream, but you also wont’ feel tricked into eating it–has announced an increase in mobile wallet integration just in time of the summer FroYo season. Yogurty’s  mobile app lets...

Loyalty & Rewards
TIO And PSE&G Partner To Enable Enhanced Payments At Thousands Of Retail Locations
May 13, 2014

Bill pay technology firm TIO and New Jersey-based power provider PSE&G have joined forces to make bill paying a little easier for everyone through the introduction of bill payment kiosks in the company’s 16 walk-in customer service centers. “As an authorized payment processor for PSE&G,...

Europe
New On Vodafone: mWallet Storage for Loyalty Cards
May 09, 2014

Vodafone customers in Germany, Spain and the Netherlands will soon be able to pair the Visa-enabled contactless  payment option SmartPass with a new feature that will allow them to save all of their loyalty cards on their phones. The service is powered by Austrian software company Bluesource’s technology....

Loyalty & Rewards
Amazon Ramps Up Sunday Delivery While Facing Increased Shipping Costs
May 09, 2014

Fresh off of the latest rankings that place them at the absolute top of the e-commerce food chain, such that their annual sales out-stripe those of their next ten competitors combined, Amazon is not sitting on it laurels, and is instead pushing forward with its...

Loyalty & Rewards
Citi Adds ThankYou Rewards As An Online Bill-Pay Option
May 08, 2014

Citi customers now may use ThankYou Rewards points to pay bills online, thanks to a new policy Citi announced May 8. Citi customers earn ThankYou points across their Citi banking and credit card relationships. Under the new policy effective this week, they may use those...