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Target tests a new loyalty program with 1% back, Shipt discounts and free next-day delivery
“Target has begun to test a new loyalty program, “Target Red,” that combines discounts on delivery with cash back on later purchases. The program will serve as an alternative to the existing REDcard program which requires customers to sign up for a Target credit or debit card. With Target Red, customers instead earn 1 percent back on purchases […]
End of subscription traps as Mastercard plans ‘end of free trial’ warnings
“A ‘subscription trap’ which is causing two million Brits to pay for services they don’t need could soon be brought to an end under a crackdown by one of the world’s biggest payment providers. Mastercard, which provides more than 600 million customers with payment cards worldwide, is launching a new notification service which will warn people signing up for […]
Bank of England’s Mark Carney Sees Potential in Libra’s “free and Instant” Payments but Says Regulators Will Not Give It an “Open Door”
“The Bank of England governor Mark Carney says he is open-minded about Facebook’s Libra token but warned mass adoption would force it “to be subject to the highest standards of regulation,” the Financial Times writes . Carney notes a double-edged sword, saying he sees the potential utility of Facebook’s global digital currency, especially in countries […]
Monzo launches free and paid-for business bank accounts
“Monzo , the U.K. challenger bank, is officially launching business bank accounts today, after an extensive trial period over the last 12 months that saw early access given to 2,500 business customers. Perhaps surprisingly, right out of the gate Monzo is offering two versions of its business bank account — which is aimed at sold […]
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