BANYAN

👏 👏 👏 A BIG congratulations to our partner MoneyLion on being recognized (again) by CNBC as one of the World's Top Fintech Companies. Well-deserved recognition for the innovative ways you're helping consumers make their best money decisions!

More U.S. consumers are using more shopping offers as they seek good deals in their everyday lives. And leading merchants have taken notice, making moves to seize the growth opportunity to attract new and engage existing customers. Merchants, in partnership with banking and card-linked offer platforms, are expanding and innovating their focus to meet this growing demand for new and better offers. With next generation offer design and impact measurement capabilities afforded by SKU-level data, we’re already seeing more relevant, higher appeal offers that boost card engagement for issuers, sales revenue for merchants, and provide consumers with the ‘good deals’ they’re seeking. See more insights on card-linked offer trends in this PYMNTS survey report: https://lnkd.in/eQZNQMGM #SKUdata #Merchants #Banks #Fintech #cardlinkedoffers

Data security and privacy are core to what we do at BANYAN. So we’re proud to share we are AICPA SOC 2 Type 2 compliant. SOC 2, or Service Organization Control 2, is a set of standards designed by the American Institute of CPAs (AICPA) to ensure the security, availability, processing integrity, confidentiality, and privacy of customer data.  Thank you to our data security team, and to our platform partner merchants, banks, and fintechs for their continued trust and support!

📣 We’re thrilled to welcome our new partner, Bilt Rewards ! 👏 One of the nation’s leading payments and rewards platforms, Bilt Rewards is the first program for consumers to earn rewards on rent payments as well as daily neighborhood spend. With Bilt Neighborhood Rewards, members can automatically earn rewards and get access to special benefits in their neighborhood at local restaurants, on Lyft Rideshare, fitness studios ,and more by using any debit or credit card linked to their Bilt account.  Bilt Points can be redeemed for travel booked through Bilt's portal, transfers to airline and hotel loyalty programs, or even applied toward a down payment on a home. The addition of BANYAN item-level data capabilities opens exciting new opportunities for Bilt and its rewards network partners to power ever more relevant, tailored, and unique rewards and benefits experiences for members.  Learn more about Bilt Rewards >>> https://biltrewards.com #Collaboration #Merchants #Banks #Fintech

Banyan's President, Alpesh Chokshi, sat down to talk about the transformation of advertising, as financial services firms like J.P. Morgan Chase and PayPal have recently detailed the creation of ad networks that use data from user purchases. “It has to be underpinned by an economic model,” said Chokshi. “You’ve got to be able to attribute the sale back to the ad so the manufacturer or the advertiser says, ‘Yes, this is a high return on ad spend, and I want to do more of this.’ I think that’s what these models will allow.” Data — especially consumer-permissioned, receipt-level data — will have the power to change the way business is done, he said. Thank you PYMNTS & Karen Webster for the great conversation. https://lnkd.in/eGTizAgE #Merchants #Banks #Fintechs #Collaboration

"...the use of financial services platforms for advertising, marketing and eCommerce signals the value of transaction-level data in crafting targeted offers. As BANYAN CEO Jehan Luth predicted at that time, you can expect to see more of them." ✅ Chase Media Solutions ✅ PayPal Ads https://lnkd.in/eqw9p6Cp

📣 We’re excited to welcome our new partner, Walgreens !   Operating more than 8,700 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is a neighborhood health destination serving approximately 9 million customers each day. The addition of BANYAN item-level data capabilities will further help Walgreens to deliver a true omnichannel experience, with platforms bringing together physical and digital, supported by the latest technology to deliver high-quality products and services nationwide.  A thank you to Bala Visalatha and the entire team at Walgreens for the opportunity to help them deliver better health and wellbeing for their customers, patients and communities. Learn more about Walgreens >>> https://www.walgreens.com/ #Collaboration #Merchants #Fintech

Heading to FIS Emerald next week in ☀ Orlando? Connect while there with Jehan Luth and Michael Minelli from BANYAN to hear more about how we're enabling partner merchants and financial institutions to collaborate faster and easier on item-level data powered growth and efficiency solutions. And don't miss out on the inside-scoop from Myles Stephenson (Modulr) Jehan Luth (BANYAN) Margaret Lim (American Express) Himal Makwana (FIS) and Robert Li (Citi) in the fintech track panel 'What wins the day, when seeking a strategic investor' Find out more: http://spr.ly/6043d80fU

A relative newcomer to the customer loyalty industry, New Jersey-based BANYAN is an item-level receipt data platform that enables merchants and their financial institution partners to create more engaging and rewarding experiences for their end customers and loyalty program members. Check out our newest Featured Tech and Services article to learn more about Banyan's strategic offerings and technology offering: https://ow.ly/cZL150Rxthm #rewards #loyalty #cx #data #tech

📣 We’re excited to welcome our new partner, WEX!  As a B2B fintech whose purpose is to simplify the business of running a business, WEX helps solve operational complexities and streamline business payments. Merchant partners of WEX will benefit from the addition of BANYAN item-level data capabilities in WEX’s virtual payments solutions. Learn more about WEX >>> https://lnkd.in/gcRQvKD7 #Collaboration #Merchants #Fintech