Retail Gift Cards
CardWeb.com’s CardData Reports today features the Retail Gift Card Trends In The United States: 2014 In Review report from Mercator.
Capital One/Quicksilver Cashback
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Capital One Quicksilver Cashback Card TV Spot Featuring Samuel L. Jackson.
Diane Jackson
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Diane Jackson, VP of Business Development and Strategic Marketing of CPI.
Diane Jackson
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Diane Jackson, VP of Business Development and Strategic Marketing of Corporate Service Group of CPI Card.
Prepaid Card Mall Volumes Gaining
New research examines the size and diversity of prepaid loads through card malls hosted in third-party retailers’ locations. The convenience and variety of cards offer consumers a way to buy gifts, access financial services, and obtain cell phone service. The total dollars loaded through card malls grew at a pace of 19% in 2013. This growth indicates the importance of the channel to shoppers and shows why prepaid providers should consider card malls as part of their overall prepaid distribution strategy. The report estimates of the market size in the United States for prepaid loads made through card malls hosted by other retailers and the diversity of cards and services prepaid card malls despite common perception as gift card malls. Prepaid card mailings include offerings from American Express, the Blackhawk Network, Discover, epay, Euronet WorldWide, Green Dot, InComm, MasterCard and Visa.
RewardsNOW Launches New Loyalty Programs
RewardsNOW is launching its loyalty programs for three new clients during the first quarter of this year. In partnership with CO-OP Financial Services, RewardsNOW worked with Michigan Community Credit Union, based in Jackson, Michigan, to convert their existing credit and debit card loyalty program to the RewardsNOW platform. In addition to earning points (by using their credit or debit card) from the credit union everywhere they shop, Michigan Community CU’s members earn bonus points from merchants when they shop locally using their Michigan Community CU debit or credit card at retailers included in Shop Main Street, RewardsNOW’s local discount shopping program; or online through ShoppingFLING, RewardsNOW’s online shopping mall. Sterling United Federal Credit Union, based in Evansville, Indiana also launched their Premier Points loyalty program to encourage greater debit card use and reward their most loyal members. The Premier Points program offers Sterling’s members seamless access to use their earned points for a full range of redemption choices. Meanwhile, Tri-State Dental Supply, Inc. based in Monroe, New Jersey, launched their new program, Tri-State Dental Dollars. The Tri-State Dental Dollars program is a loyalty program designed to drive higher levels of purchasing and to reward its best customers utilizing Tri-State’s services. Customers of Tri-State Dental Supply earn 1 point for every dollar they spend on purchases made with Tri-State Dental.
RewardsNOW Launches New Loyalty Programs
RewardsNOW loyalty programs launched loyalty programs for three new clients during the first quarter of this year, a variety of new loyalty programs now being implemented, whether it is a brand new program for a financial institution, an upgrade and conversion of an existing program, or a tailored retailer and wholesaler program. In partnership with CO-OP Financial Services, RewardsNOW worked with Michigan Community Credit Union. Additional partnerships were made with Sterling United Federal Credit Union and Tri-State Dental Supply.
Barclaycard Fuel+ App Targets Company Fleets
Barclaycard Business Solutions launched a new product, Fuel+, which could help companies cut an average of a quarter off their business fuel costs1 by improving the way they manage fleet fuel expenses. Fuel+ is designed to help both drivers and fleet managers and combines a fuel expenses Barclaycard with a mileage capture and audit system, developed by TMC. The Fuel+ Barclaycard, with global Visa acceptance, allows drivers to refuel at almost all petrol forecourts in the UK2 while the TMC mileage system gives fleet managers complete visibility of their staff’s fuel spend and reduces costs by streamlining and automating processes.
Ziploop Drums up $2.2mm Investment
Ziploop mcommerce app announced a $2.2 million seed round with Foundation Capital, Bill Elmore, JBM Ventures Partner, James B. Morris, Managing Partner at Greenback Ventures, James Peters, Managing Director at Texas Pacific Group, Ted Breck, Founder and former CEO at Barra, Andrew Rudd, General Partner at Inman Investment Management, Grant Inman, and General Partner at Canaan Partners, John Balen. Ziploop not only makes the life of the consumer easier, but also helps retailers analyze and better serve their customers. Ziploop allows retailers to rapidly engage with their users on seasonal offerings, while also saving on printing and postage costs.
MoneyGram Services Available at Debenhams’ Department Stores
MoneyGram teamed iinternational department store Debenhams to offer money transfer services to its customers. Debenhams’ customers will now be able to send and receive funds around the globe while doing their shopping at the 200-year old retailer in the UK. MoneyGram services are currently offered at 44 Debenhams locations across the UK via its Travel Money bureaus, with further store expansion planned in the coming months. It is anticipated that the new service will be used by thousands of new customers who will enjoy sending from such locations. For a leading retailer like Debenhams, offering the MoneyGram service to millions of customers wanting to send money to family and friends abroad creates a useful one-stop-shop on the high street.
NCR Silver mPOS Adds Loyalty and Rewards
Small businesses can now create, run and manage reward programs with NCR Silver iPad POS. Loyalty complements the existing automated email and social marketing functionality in NCR Silver making it even easier for cafés, shops, restaurants, boutiques, food trucks, and any small business to reward customers for repeat purchases. Loyalty fits seamlessly into the checkout process, automatically tracking rewards with each sale so customers see exactly what they have earned and eliminating the need for paper punch cards. Rewards and customer information reside on the NCR Silver POS system and merchants retain all the data rather than share it through a third-party loyalty application. NCR Silver with loyalty now does more to help time-starved small business owners.
Visa Announces Meansures to Prevent Prepaid Fraud
Visa announced that it has completed technical development of a new service aimed at detecting and preventing fraud schemes that target the use of prepaid cards.
Visa’s Prepaid Clearinghouse Service (PCS) is a centralized database that allows financial institutions, processors and prepaid program managers to share prepaid card data such as enrollments, load funding, suspected fraudulent information and previously reported fraud on existing card accounts. PCS will provide critical information sharing to better identify and stop fraudulent enrollments, funding, use and other fraud schemes involving prepaid cards. Value assessments now begin with financial institutions and their program managers providing PCS with information such as enrollments, load funding, provisional credit requests, and fraudulent activity to check the database for risky activity. Reporting information into PCS will be required for all U.S. Visa-issuing financial institutions and program managers, yet PCS is capable of supporting multiple network-branded prepaid cards. All U.S. Visa prepaid issuing financial institutions and their program managers will be required to report into PCS by June 2015.