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Chase To Debut New Freedom Flex With Mastercard, Upgrades To Freedom Unlimited Card

PYMNTS

15 , the Wilmington, Delaware-based financial institution will introduce the Freedom Flex card and will upgrade the cash-back offerings for its existing Freedom Unlimited card. Chase said Freedom Flex is the first new Chase-branded credit card with Mastercard in more than five years. Starting Sept.

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Le Pain Quotidien Is Latest Food Chain To File For Bankruptcy

PYMNTS

As The Wall Street Journal reported, the eatery hoped to avert a complete liquidation of its 98 locations in New York, the Mid-Atlantic, California, Illinois and Florida with a proposed $3 million sale of the business to Aurify Brands LLC. Under the terms of the deal, Aurify Brands would allow at least 35 of its U.S.

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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

PYMNTS

Holdaway will be based in Wilmington, Delaware, and will start his new position in July. across credit cards, online savings and loans,” said Rodrigues. .” He will report to Barry Rodrigues, CEO of cards and payments, and Richard Haworth, CEO of the Americas business. and Germany.

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Hard Times For Soft Drinks As Coca-Cola Puts The Lid On Tab

PYMNTS

It’s our cryptic way of conveying the hurtful news that Tab, one of America’s proto-diet colas and the “drink of beautiful people” since 1963 will shuffle off its carbonated coil as Coca-Cola goes on a diet, trimming its roster of beverage brands due to the COVID-19 shift. Tab is not alone in Coke’s beverage boneyard.

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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

Online retailer Overstock.com, which traditionally sells home goods, clothing, and beauty products, announced December 14 that it would look to sell or reorganize its retail business in order to focus on blockchain. Exchange: NASDAQ. Price: Peak post-announcement price: $70.00. Closing price 03/23/18: $45.20.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

For example, TØ.com , a subsidiary of Overstock, wants to enable stock transactions online using blockchain tech. Blockchains can help retailers offering gift cards and loyalty programs to make those systems cheaper and more secure. Gift cards and loyalty programs. Government and public RECORDS .