Behind every instance of a Debit Card Rewards program is something called a registered card model. The type of Debit Card rewards I am thinking about offers consumers a network of merchants where they can earn cash back by making purchases at the designated merchants with the specific card registere...
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In a word association game where the question is “bank loyalty”, the answer has to be “card rewards”. Co-branded credit cards with rewards are the staple of the credit card industry joined by brands own by the banks themselves (Citi ThankYou, Chase Freedom, Capital One No Has...
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The continuing battle over the regulation of interchange has yet to hint at a winner. The battle lines are clearly drawn and each side of the debate between banks and retailers makes a sensible case, until you read the opposing view. For the average consumer, that is exactly the problem. At first bl...
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Navigating the business landscape requires more discernment and wisdom than ever. It seems to be the season of negotiation, and lobbyists from both sides of a case seem willing to take huge gambles for a chance to win big. When the National Football League’s collective bargaining agreement exp...
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Cartera Commerce, until recently known as Mall Networks, and Vesdia, long ago known as Baby Mint, have announced a merger that will change the supplier side of the merchant funded loyalty landscape. Or will it? Like my reported allergy to penicillin, someone told me long ago that there was no such t...
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Poor WaMu. They failed as a financial institution, were acquired by Chase, and are now being disrobed of their innovative Occasio branch designs. In my neighborhood, the evidence of Occasio is rapidly being wiped away by construction crews. While not everyone agrees on the wisdom of dismantling of t...
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