UK digital banking pioneer Monzo reported its financial results for the 2023-24 fiscal year today. The numbers are impressive. Total revenue was £880 million for the year, more than 2x the £356 million from the previous year. Most importantly, the company reported its first full year of profitability of £15.4 million (pre-tax). up from a […]
Results from the 12th edition of the annual Australian customer loyalty and loyalty program research study, For Love or MoneyTM 2024, reveal that 50% of loyalty program members have become actively involved in ALL of the programs they are members of. This is the highest active rate as tracked by the research since 2021 where […]
Here’s a Roundup of this week’s Loyalty and Digital Marketing News Quick Global News Roundup Malaysia leads world in mobile wallet usage, with 63 per cent of Malaysians utilizing mobile InterContinental Hotels Group offers new AI-Powered trip planner Shell launches new fleet app for small business Canadian Moneris Solutions Corporation introduces Tap to Pay on […]
A dichotomy has emerged between traditional B2B marketing practices and the modern, strategic methodologies necessary for success. The traditional models—often characterized by a strong focus on attribution and MQLs (Marketing Qualified Leads)—represent a bygone era that typically leads to a high volume of low-quality leads with poor conversion rates. This approach, popularized in the early […]
To kick off the summer season, powdered hydration brand Liquid I.V. debuted a new visual identity accompanied by a new summer brand campaign, a Formula 1 sponsorship, festival activations and a 360 marketing campaign across social, influencers, retail media and beyond. We spoke with Brittany Shaw, Liquid I.V.’s Senior Brand Director, about the strategy and […]
Where’s the first place you go when you need to find information online? You might head straight to Google, Bing or another search engine. Or, like one out of every three people, you might head to social media platforms such as TikTok, Facebook, Instagram or YouTube. This type of approach is called social search—using social […]
Hispanics are an emerging American economic force, and demographics show they will be for decades. Tricolor founder and CEO Daniel Chu has a plan to serve them. According to McKinsey, financial services revenue from Hispanics will triple from north of $90 billion to $265 billion by 2030. If the more than 60 million Hispanics in […]
When it comes to the adoption of generative AI in finance, we are still at the top of the first inning. That is why it was really interesting to read Penny Crosman’s article yesterday about what is top is mind for bankers when it comes to Gen AI. The biggest challenge is reliability, with 80% of surveyed […]
Recognizing the contributions of Costco’s Longtime, Retiring Leaders In March, Costco’s chief financial officer, Richard Galanti, retired, joining CEO Craig Jelinek in the golden pasture. These seven economic indicators are a tribute to their financial prowess. By Jenn McMillen If you buy stock in Costco, then you’re basically buying stock in chickens, gold, and hotdogs. […]
ST. PETERSBURG, Fla., May 16, 2024—SKUx, a leader in digital instant payments innovation, today announced it has signed an agreement with Visa (NYSE: V), a world leader in digital payments. The agreement will accelerate digital transformation for select merchants and consumer packaged goods companies that leverage SKUx’s payment-based offer solutions – supporting a variety of client use […]