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Current becomes first mobile bank to launch points rewards; Reaches over $1 billion in deposits

Current

Current today announced the launch of its points rewards program for all members. Current becomes the first mobile bank in the U.S. to offer points rewards on debit purchases for its members, who have now deposited over $1 billion in Current.

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Current becomes first mobile bank to launch points rewards; Reaches over $1 billion in deposits

Current

Current today announced the launch of its points rewards program for all members. Current becomes the first mobile bank in the U.S. to offer points rewards on debit purchases for its members, who have now deposited over $1 billion in Current.

Mobile 52
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New Report: Aiding Pandemic-Related Financial Hardships Key To Credit Union Member Loyalty

PYMNTS

Credit union (CU) members are traditionally loyal, but the accelerated shift to digital banking amid the pandemic has led a growing number to consider other banking options. Each point can be redeemed for 1 cent, meaning members essentially receive 3 percent cash back on an unlimited number of purchases.

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Coffee Chains Caffeinate Reward Programs With Digital Offerings

PYMNTS

Coffee chains are brewing up a battle over customer loyalty: After news surfaced that Starbucks was updating its rewards offering, Dunkin’ is revamping its own rewards program with a pilot multi-tender system. The company is testing a DD Perks program that lets diners earn points at over 1,000 stores, regardless of how they pay.

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2017 payments predictions: A mid-year update

Accenture

Contactless and Mobile Payments. UK Finance figures show 2.5BN transactions in the first six months of 2017 compared to 1.1BN transactions in the first six months of 2016, a 130 percent increase pointing to at least 6BN transactions for the whole of 2017. They are also spilling over into mobile contactless payments (e.g.

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Brazil’s Big Blockchain Bounce (And Other Digital Payments Advances)

PYMNTS

And while the continual drumbeat of announcements from various players looking to find new and inventive ways to apply distributed ledger technology to various parts of Brazil’s financial services industry has something of a tendency to stand out, digital payments and banking news in general has been coming quick and constant.

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Walmart+ And Amazon Prime Face Off As Consumers Decide Who Gets Their Business

PYMNTS

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. consumers report having a Walmart+ membership, just a bit more than a month after its launch. billion in the bank.