In the News

‘Transformation’ has been a buzz word in the banking world for years, but 2020 has been a seminal moment that has transformed not just the way we bank, but all aspects of our lifestyle.

Operators can drive spend this holiday season, despite the decline of in-store shopping.

The holiday season can certainly be a demanding time for retailers. Juggling the unpredictability of supply and demand, an increased volume of shoppers, and maintaining a competitive edge are tough. Throw in a global pandemic, and it becomes a whole different "nightmare before Christmas."

According to Cardlytics’ ninth "State of Spend" update, which analyzed half of all U.S. card swipes, spending on travel has improved significantly since the start of the downturn.

Cardlytics data shows in-store shopping is down, but remains the No. 1 way consumers spend

Across the country, we are readjusting to refreshed restrictions on our daily lives, as we continue to navigate the seemingly unnavigable waters of the coronavirus pandemic. For all of us, the pandemic has made life anything but ‘normal’, and with social distancing here to stay, it will remain so for a long time yet. These paradigm shifts have impacted every aspect of life, including how we bank.