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Starbucks and Chase just announced a cobranded prepaid card Starbucks and JPMorgan Chase announced the launch of the Starbucks Rewards Visa Prepaid Card, allowing customers to earn Starbucks Rewards by making purchases outside of Starbucks stores.
The companies initially announced this product in 2016. Cardholders will be able to use the card anywhere that accepts Visa, and earn "Stars," Starbucks' version of points, for purchases.
This is the second cobrand that Chase and Starbucks introduced this year, following the launch of the Starbucks Rewards Visa Card in February.
And the firms have partnered on other initiatives in the past, like Starbucks' acceptance of Chase Pay, Chase's mobile wallet, as a payment option in-store and in the Starbucks app.
Business Insider's Rachel Green has the full story. | |
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| | | The healthcare industry is facing disruption by accelerating technological innovation and growing demand for improved delivery of healthcare and lower costs. Tech startups are leading the way by seizing opportunities in the areas most vulnerable to disruption including genomics, pharmaceuticals, administration, clinical operations, and insurance. A new report from Business Insider Intelligence looks at the top startups disrupting healthcare in four key areas: artificial intelligence (AI), digital therapeutics, health insurance, and genomics. We selected these startups based on funding they've received over the past year, notable investors, products they offer, and leadership in their functional area. Learn More → | | | | |
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| | | The US prepaid card ecosystem is huge, with 10.7 billion prepaid card transactions made in 2016 reaching $290 billion. And it's shifting focus from low-income, un- and underbanked consumers toward millennials and higher-income adults. Business Insider Intelligence has put together a detailed report that explores the evolving prepaid card industry, identifies how issuers can maintain profitability in a market that's being challenged by new players and impending government regulations, and evaluates various paths to success. Learn More → | | | | |
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| | | American Express was ranked the highest of US credit card apps in J.D. Power's 2018 US Credit Card App Satisfaction Study, which surveyed 6,272 credit card customers. Read More → | | | | |
| | | Wish, the e-commerce startup that specializes in discounts and mobile shopping, raked in over $1 billion in revenue for the first time in 2017, CEO Peter Szulczewski told CNET. Read More → | | | | |
| | | The UK's Financial Conduct Authority (FCA) has sent a letter to the CEOs of banks about the potential risks associated with cryptocurrencies. Read More → | | | | |
| | | Health tech giant Philips is using cancer research institute Dana-Farber Clinical Pathways to develop a cloud-based precision medicine platform that helps oncologists more quickly identify appropriate cancer treatments. Read More → | | | | |
| | | German auto giant Daimler, the parent company of Mercedes-Benz, made two major announcements about its semi-autonomous, electric semi-truck efforts late last week. Read More → | | | | |
| | | Business Insider Intelligence forecasts that mobile commerce (m-commerce) payments will make up 7% of US retail sales in 2023, accounting for $387 billion, up from 2% and $105 billion in 2017. Read More → | | | | |
| | | Online personal styling service Stitch Fix has reported earnings for its fiscal Q3 2018 (ended April 28, 2018), announcing that its revenue increased 29% year-over-year (YoY) to $316.7 million. Read More → | | | | |
| | | XAPPmedia, a leader in interactive voice engagement for media and brands, announced last week that it has launched over 1,000 paid voice apps on its One Voice AI platform in the last year. Read More → | | | | |
| | | Microsoft is working on technology that will keep track of what products consumers add to their carts. Read More → | | | | |
| | | Legacy insurer Zurich has intensified its fintech partnership efforts by contributing to a €15 million ($17.6 million) investment in insurtech Digital Insurance Group (DIG). Read More → | | | | |
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