Citi taps Mastercard for Google Pay Plex, Loyalty program rewards customers with stock, Ant Group a year from now

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

November 20, 2020

Order To Eat Tracker

Chipotle Personalizes Loyalty Program, Digital Ordering Experience

No two customers are alike, and the restaurant loyalty programs and digital ordering options they receive shouldn’t be either, Nicole West, vice president of digital strategy and product management for Chipotle, tells PYMNTS. She explains how personalizing rewards initiatives and ordering experiences can help QSRs satisfy individual customer needs.

 

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Ant Group IPO

What Will Ant Group Look Like A Year From Now?

What’s next for Ant Group as Chinese regulators delay the company’s IPO and tighten their scrutiny of the company? Howard Yu, LEGO Professor of Management and Innovation and director of IMD’s Advanced Management Program, tells Karen Webster that a restructuring (and smaller version of Ant Group) might be on the horizon.

 

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PYMNTSTV: Direct-To-Consumer

Mars, Mondelez Say CPG Direct-To-Consumer Sales Need Constant Innovation

CPG companies live and breathe innovative marketing, and that’s where key executives say direct-to-consumer will grow. A PYMNTS TV episode including Jason Thomstatter, head of digital commerce for Mars Inc.; Abhishek Ahluwalia, global eCommerce growth platforms leader for Mondelēz International; and Brian Bogosian, CEO of sticky.io, says that the space was trending before COVID — but has now accelerated.

 

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VC Investing: Southeast Asia 

Israel’s Red Dot Capital Likes Southeast Asia’s COVID Comeback Story 

Fresh on the heels of a $200 million fundraising round, Tel Aviv’s Red Dot Capital is straying from its bread-and-butter focus on homegrown Israeli technology and security startups to find opportunity half a world away in Southeast Asia, Red Dot Managing Partner Yaniv Stern tells Karen Webster. The region, he says, is poised for post-pandemic recovery and growth.

 

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Next Gen Rewards 

Disrupting Loyalty: New Platform Rewards Consumers With Stock Ownership 

Welcome to the ownership economy. Bumped is a new app just out of beta that gives consumers fractional shares of stock as rewards instead of the traditional points or discounts. Founder David Nelsen tells PYMNTS his new platform will disrupt loyalty and bring new investors into the stock market. 

 

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The Cardholder Loyalty Engagement Report

New Data: Banks Could Lose 20 Percent Of Customers Over Rewards

Rewards programs are no longer a perk for banks but a necessity, with more than 20 percent of U.S. consumers willing to switch financial institutions (FIs) to access the reward options they seek. In the Cardholder Loyalty Engagement Report, PYMNTS surveys 2,115 U.S. consumers to find out how FIs can tap the demand for rewards programs to boost engagement, retain customers and attract new cardholders.

 

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