Alliance Data’s Epsilon business has inked a new long-term agreement to provide co-brand affinity credit card services for Univision Communications (UCI), the leading media company serving Hispanic America. Alliance Data’s Epsilon business also currently provides marketing services and data services to UCI.
Alliance Data Systems (ADS) has inked a long-term renewal agreement to continue providing private label credit card services for FULLBEAUTY brands, a fashionable resource for plus-size women and men.
Dallas-based private label credit card specialist Alliance Data Systems (ADS) reports delinquency and charge-offs declined again in November. The trend mirrors the bank credit card market.
Alliance Data Systems completed the acquisition Conversant.
Conversant, which will operate under Epsilon, establishes a unique end-to-end marketing services company that will empower clients to more effectively market to their customers across all channels.
Alliance Data Retail Systems is buying the Good Sam Visa portfolio from Barclays Bank Delaware.The transaction is scheduled to close before the end of the third quarter. ADS further signed a long-term agreement with Good Sam Enterprises, that includes the Good Sam and Camping World branded products and services. Purchases made with the Good Sam Camping World Visa Credit Card earn Rec Rewards. Good Sam is the world’s largest RV owners organization, with over 1.5 million members.
Alliance Data Systems Corporation today announced its Retail Services business, which manages more than 130 private label and co-brand credit programs, has signed a multi-year agreement to provide private label credit card services in the U.S. for three brands of JD Williams (www.jdwilliams.co.uk), the U.K’s largest multi-channel home shopping retailer. The brands include women’s apparel brands Marisota (www.marisota.com), Simply Be (www.simplybe.com) and men’s apparel brand Jacamo (www.jacamo.com).
Alliance Data Systems Corporation loyalty and marketing solutions derived from transaction-rich data, provided an update on its Private Label segment. In conjunction with the release of the Company’s Master Trust Monthly Noteholder’s Statement, the Company is releasing similar metrics for the overall total managed portfolio. The Master Trust data represents a subset of the Company’s total managed portfolio, and the Company believes the information presented below provides a more complete view of the Private Label segment.
ADS 3Q 2010 Performance
Average Receivables $4.9mm
Y/Y Portfolio Growth 16%
Net Charge Offs $102,108
Net Charge Offs Receivables 8.3%
Delinquency Rate 6.2%
The Alliance Data Systems loyalty and marketing Epsilon subsidiary has
signed an expansion agreement with Chico’s to provide data overlay
services. With this, Chico will rely on the Epsilon “Targeting” data
division. Epsilon will now also include data from its proprietary data
cooperative to overlay multi-brand transactional data over Chico’s
consumer database records. This will allow Chico’s to see a more
complete picture of the buying activity of their customers across all
purchase channels including catalog, online, and retail, and within
specific merchandise categories to improve Chico’s contact strategy and
ability to micro-target customers based on preferences and buying
behaviors.
Alliance Data Systems Corporation loyalty and marketing solutions has been issued $450 million of public, fixed-rate, term asset-backed securities by World Financial Network Credit Card Master Note Trust. Issued as part of the securitization program for Alliance Data’s private label credit card banking subsidiary, World Financial Network National Bank (WFNNB), the securities consist of four series of notes rated AAA through BBB with an average life of five years and carry a weighted average fixed-rate of just under 5%. The Company’s private label credit card business currently employs three sources of funding for its roughly $5 billion portfolio, representing approximately 100 retailer programs.
Alliance Data Systems loyalty and marketing solutions has closed $1.5 billion in conduit liquidity facilities, resulting in an increase of $175 million in overall conduit capacity. It has renewed a $275 million conduit facility for its Utah industrial bank subsidiary, “World Financial Capital Bank,” while its private label credit card banking subsidiary, “World Financial Network National Bank,” has completed the renewal of its $1.2 billion conduit facility. The facilities fund both existing and new private label credit card programs, currently only finance less than $750 million in card assets, providing a large source of untapped liquidity to fund growth and/or portfolio acquisitions.
Value added service provider Comverse has combined its “ONE Billing” and
“Active Customer Management” with mobile internet solutions.
The combined solution bridges a carrierâs IT organization with its
network operations. It also unifies
sales, marketing, ordering, billing and customer management around a
single data model and provides full convergence across any network, any
service, any content and any payment type. By centralizing customer
information, eliminating integration points, and delivering a single
marketing-driven product catalog, the Comverse ONE BSS offering enables
operators to quickly introduce and monetize new services, while
providing a consistent and interactive customer experience regardless of
customer touchpoint. Comverseâs Mobile Internet HUB provides an open,
modular offering of
Deep Packet Inspection, Policy Management and Enforcement& Data
Charging, which addresses operatorâs key business needs around resource
utilization, customer experience and monetization.
With this combined solution, operators can better manage network
capacity, offer segmented price plans, prevent bill shock for
subscribers, deliver Quality of Service (QoS) guarantees, and impose
fair use limits on high users.
ADS’ Epsilon subsidiary has signed an extension agreement with
OH-based KeyCorp to continue providing direct marketing services to
KeyCorp’s KeyBank, through Epsilon’s agency,
“[email protected]”. Under the terms of the extension agreement,
“[email protected]” will remain
KeyBank’s direct marketing agency-of-record, providing services that
include integrated direct marketing strategy, direct mail production and
analytic support. Epsilon’s team will focus on approximately 14 KeyBank
lines of business, including consumer, small business, large corporate,
wealth management, and more. The goals of the direct marketing efforts
are to retain and cross-sell existing KeyBank customers, as well as
acquire new KeyBank customers. In addition to assisting KeyBank with
strategic planning and development
of its direct marketing programs, Epsilon will design the direct mailers
that promote KeyBank’s products and services, which range from checking
accounts and lines of credit to treasury management products and
investment services. Beyond creative design, Epsilon will print and
personalize the mail kits. Epsilon will also provide data and analytic
services, such as data modeling, prospect list procurement and data file
cleansing to help KeyBank target the right audience, maximize postal
discounts, reduce the amount of undeliverable direct mail, and optimize
overall marketing spend on campaigns.