Issuers can capitalize on the 46% of users who proactively seek out deals with their cards
We look at how issuers can adjust their strategies to match millennial and Gen Z travel behaviors.
Exclusive events—even when cardholders have to pay to access them—have helped the brand make big gains with Gen Z and millennials.
The expense management platform can help Amex appeal to small businesses that want all-in-one offerings
The tie-up also makes Marqeta a more attractive card partner for fintechs
The tie-up comes two years after Visa, Mastercard, and Discover began working with the firm
Exclusive experiences like this are helping Amex to win over millennials and Gen Zers
Card spend from these factors helped lift revenues 9% YoY
The card’s innovative offering should help it to pick up steam, boosting the network’s volume
The point-of-sale installment offering will face adoption hurdles given growing competition in the country
They seem to be responding well to Amex’s 40 product revamps this year, shrugging off higher annual fees
American Express is expanding Amex Offers, which allows advertisers to serve card holders tailored deals. The expansion comes on the heels of Chase and PayPal launching financial media networks (FMNs), a trend we expect will continue.
The company is setting itself up for long-term growth, but the looming threat of the swipe fee battle remains
It may be an olive branch for Gen Zers and millennials who may be upset over its decision to stop accepting Amex. It’s a win for Venmo’s monetization journey
The annual charges increased across all six cards, but Amex is hoping the enhanced rewards will offset the added consumer costs
A tie-in with PayEm will help businesses more easily manage their spending, which should appeal to firms trying to cut costs.
The neobank launched the Ultra card, which offers travel, lifestyle, and investment perks. But stiff competition will pose a challenge.
Proximity mobile payments are finally reaching a critical mass of users, fueling spending growth. While it will slow in the coming years, providers are capitalizing on growth by building multifunctional ecosystems that expand their captive audience and tighten relationships.
It will use AI for transaction approval, predictive analytics, and customer experience tools
Consumer device and behavior trends are affecting payment providers’ strategies across retail, P2P, B2B, disbursement, and cross-border channels. Here’s what that means for the payments ecosystem.
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