Loyalty and rewards

Citigroup is testing Bluetooth beacon technology in a pilot that gives customers cardless access to branch ATMs after business hours, among other services.

Department store chain Kohl’s has stitched together two of the most frustrating elements of checking out: adding loyalty points at the same time the payment goes through.

Pressure is building on financial services providers to develop more merchant-centric loyalty programs to fight declining interchange revenue, and U.S. Bank is testing one approach in Lawrence, Kan.

Capital One's rewards and marketing may cause some short-term performance issues, but the institution's aggressive posture is necessary in the current environment, the company's CEO said.

As banks weigh blockchain-powered clearing and settlement solutions, the Royal Bank of Canada is looking at how the technology can bolster its customer loyalty schemes.

Starbucks Corp. fell the most in more than two months after Deutsche Bank AG downgraded the stock, saying that changes to the company’s loyalty program may hurt customer traffic.

Citi has expanded its ThankYou Rewards program to allow its reward points to be used directly for purchases at BestBuy.com.

When Starbucks’ new loyalty program rules go into effect this month, it will set the stage for a wave of new payments innovations with intriguing benefits for the coffee giant and its payments processing partner, JPMorgan Chase.

Starbucks is prepared to launch a new Starbucks Rewards Prepaid Card with partner JPMorgan Chase, further strengthening its ongoing relationship with the bank.

Financial technology and marketing provider Kasasa has launched a Credit Card As A Qualifier option for its community financial institution customers.