PYMNTS-MonitorEdge-May-2024

loyalty

Loyalty programs are structured marketing strategies designed by merchants to encourage customers to continue to shop at or use the services of businesses associated with each program.

How CUs Can Hone Their Digital Strategies To Face The Rising Challenger Bank Threat
How CUs Can Hone Their Digital Strategies To Face The Rising Challenger Bank Threat
July 30, 2020  |  Credit Unions

Credit unions have long prided themselves on offering better in-person service, but with lockdowns keeping members from branches, many CUs worry about losing customers to...

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BECU on Why It Pays To Think Like a Challenger Bank
BECU on Why It Pays To Think Like a Challenger Bank
July 29, 2020  |  Credit Unions

Consumers’ affinity for online banking solutions, especially mobile banking, is far from new. The COVID-19 pandemic is highlighting how necessary these solutions are for consumers’...

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What Happens When Credit Unions Let Members Drive Rewards
What Happens When Credit Unions Let Members Drive Rewards
July 28, 2020  |  Credit Unions

Credit union (CU) members tend to be more loyal than their counterparts at big banks, and customer relationships play a more central role for CUs...

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Tapping The Power of Personalization To Build Retail’s Next Normal
Tapping The Power of Personalization To Build Retail’s Next Normal
July 24, 2020  |  Retail

Well, now what? That’s the question all companies are asking as they internalize the impact of the shift to digital on their customers, their businesses...

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Order-To-Eat Leverages Loyalty Big-Time
Order-To-Eat Leverages Loyalty Big-Time
July 23, 2020  |  Restaurant innovation

To understand the origins of customer loyalty as a phenomenon, PYMNTS turned to Stanford University’s Encyclopedia of Philosophy, which states, “Loyalty is usually seen as...

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Deep Dive: How Omnichannel Loyalty Programs Can Boost Brands’ Business
Deep Dive: How Omnichannel Loyalty Programs Can Boost Brands’ Business
July 22, 2020  |  Restaurant innovation

Loyalty programs have long helped companies build consumer trust and encourage repeat business, and many are now allowing customers to engage with brands across channels....

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Scotiabank: Why Banks Need To Rethink Personalization
Scotiabank: Why Banks Need To Rethink Personalization
July 22, 2020  |  Digital-First Banking

Financial institutions (FIs) are beginning to see the light at the end of the tunnel for bouncing back from the pandemic, but the crisis has...

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Starbucks Sweetens Loyalty Perks With Payment Options
Starbucks Sweetens Loyalty Perks With Payment Options
July 21, 2020  |  Retail

The Starbucks Rewards program that already has loyal customers grabbing extra iced lattes on hot afternoons is about to become even more tempting. The Seattle-based...

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How Mobile Apps Can Help Restaurants Make Loyalty Rewarding
How Mobile Apps Can Help Restaurants Make Loyalty Rewarding
July 21, 2020  |  Restaurant innovation

For a consumer, getting and redeeming rewards should be seamless across online and in-person channels. And today, that experience has to be even more than...

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