PYMNTS-MonitorEdge-May-2024

loyalty rewards

Loyalty programs offer rewards, discounts, or other special incentives and are designed as a reward for a customer's repeat business. Some rewards are earned and others are unlocked when signing up or referring a friend.

For Retailers, Data Simplicity Is All About the SKU
For Retailers, Data Simplicity Is All About the SKU
November 20, 2024  |  Data

In a landscape where data fuels decisions and insights drive growth, simplicity has taken center stage. “Data is the key to driving simplicity,” Banyan Chief...

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Lowe’s Targets Subscribers With Personalized Home Repair Support
Lowe’s Targets Subscribers With Personalized Home Repair Support
November 04, 2024  |  Subscriptions

The Lowe’s Digital Home Platform, announced by the home improvement retailer Monday (Nov. 4), gives members of the MyLowe’s Rewards program access to free, personalized...

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Cut the Coupons: Mondelēz and SKUx See Blockchain Transforming Retail Promotions
Cut the Coupons: Mondelēz and SKUx See Blockchain Transforming Retail Promotions
October 30, 2024  |  Blockchain

Technology can revolutionize industries when applied thoughtfully. When it comes to evolving customer engagement strategies, particularly across the traditional couponing and promotional landscape, innovation is...

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Private-Label Card Trends May Signal Uneven Holiday Spending
Private-Label Card Trends May Signal Uneven Holiday Spending
October 29, 2024  |  Credit Cards

Private-label credit cards, or store cards, make up a small percentage of overall consumer credit. The Federal Reserve estimated earlier this year that “retail credit...

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Ulta Aims for 50 Million Loyalty Members and 200 New Stores
Ulta Aims for 50 Million Loyalty Members and 200 New Stores
October 17, 2024  |  Retail

Ulta Beauty plans to open 200 new stores as part of a long-term strategy announced this week. At its investors’ day Wednesday (Oct. 16), the...

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Lenders Must Overcome Application Friction to Grow Embedded Lending Share
Lenders Must Overcome Application Friction to Grow Embedded Lending Share
October 09, 2024  |  Payments Innovation

Embedded lending is all about the future of credit. As such, it has opportunities and challenges, even in developed markets like the United States. The...

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Card Networks and Issuers See Restaurant Booking Platforms as Top-of-Wallet Opportunity
Card Networks and Issuers See Restaurant Booking Platforms as Top-of-Wallet Opportunity
October 04, 2024  |  Loyalty & Rewards

Dining out is getting more expensive. Consumers continue to spend on their cards, but the pace may be pressured. Issuers want to be top-of-mind and...

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Competition for Early Holiday Shoppers Won’t Start With Black Friday
Competition for Early Holiday Shoppers Won’t Start With Black Friday
October 02, 2024  |  Retail

As the holiday shopping season approaches, retailers are rolling out early sales strategies to capture consumer spending against a backdrop of economic uncertainty. With inflation...

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Travala Integrates Solana Blockchain With Crypto Travel Platform
Travala Integrates Solana Blockchain With Crypto Travel Platform
September 23, 2024  |  Travel Payments

Cryptocurrency-native travel platform Travala integrated the Solana blockchain network. As part of the integration, Travala will add SOL travel rewards as an option for loyalty...

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