 WEEKEND ROUNDUP | |
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Chase is offering Freedom cardholders 5% back through the end of the year Starting in October, Chase Freedom cardholders will be able to earn 5% cash back on purchases through Chase Pay and PayPal, as well as from department stores including Macy's and Nordstrom.
Each quarter, cardholders can earn 5% cash back on specific categories if they activate the bonus, with a quarterly spending limit of $1,500; once that limit is hit, the cash-back offering goes down to the card's standard 1%.
Chase is making a play to capture as much holiday spend as possible, and it could boost Chase Pay's profile in the process.
Offering cash back for holiday shopping that begins in October could help Chase capitalize on spend from consumers who start shopping early — in turn promoting primary card status.
Business Insider Intelligence's Daniel Keyes has the full story. | |
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| | | The tech giant's proprietary card, which is Mastercard-branded and issued by Goldman Sachs, will now give customers who pay with Apple Pay 3% rewards on purchases made at Walgreens. Read More → | | | | |
| | | The streaming rights for "Seinfeld and "Big Bang Theory" have been claimed by Netflix and HBO Max, respectively – providing both services a meaningful edge. Read More → | | | | |
| | | When Plaid publicized its $250 million Series C funding round in December last year, it omitted a few key investors, which it now revealed included Mastercard and Visa. Read More → | | | | |
| | | STX's "Hustlers," starring Constance Wu and Jennifer Lopez and featuring Cardi B, Lizzo, and G-Eazy, beat box office expectations over the weekend. Read More → | | | | |
| | | Surescripts is terminating its business relationship with ReMy Health — a third-party contractor that supplied Amazon-acquired prescription delivery company PillPack with information about patients' meds. Read More → | | | | |
| | | Monzo isn't the only neobank looking to broaden its product suite, and as these players scale, they're becoming a bigger threat to incumbents and each other. Read More → | | | | |
| | | Almost 48,000 General Motors (GM) employees across 31 production facilities began a labor strike on September 16, partially in response to concerns that have risen from the automaker's major shift to electric vehicles. Read More → | | | | |
| | | The e-tailer's product search feature has reportedly been tweaked to feature products that are more profitable for Amazon — like its private-label goods — more prominently. Read More → | | | | |
| | | Another tech giant entered the smart TV device arena, as Facebook announced the Portal TV this week. The clip-on device, on sale in November for $149, enables streaming from Facebook, Amazon Prime, and Spotify, though it notably lacks Netflix, Hulu, and HBO. Read More → | | | | |
| | | The probe came to light on Tuesday after the CFPB posted documents online describing its legal involvement with the bank. BofA has argued that a demand for emails and other records made in March 2019 is excessively burdensome and called for the agency to end the investigation. Read More → | | | | |
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| | | Fintechs are encroaching on incumbents' share in the banking game, forcing them to explore new business models — but tech-savvy legacy banks can treat this as an opportunity rather than a threat by moving into the Banking-as-a-Service (BaaS) space. BaaS platforms enable fintechs and other third parties to connect with banks' systems via APIs to build banking offerings on top of the providers' regulated infrastructure. Business Insider Intelligence looks at the benefits banks stand to gain by offering BaaS platforms, discusses key players in the industry that have already successfully launched BaaS platforms, and recommends strategies for financial institutions looking to move into BaaS. Learn More → | | | | |
| | | AI is rocking medical diagnosis with its potential to incite drastic improvements to hospital processes. AI can process images and patient health records with more accuracy and expediency than humans are capable of, lessening physician workload, reducing misdiagnosis, and empowering clinical staff to provide more value. This report examines the value of AI applications in three high-value areas of medical diagnosis — imaging, clinical decision support, and personalized medicine — to illustrate how the tech can drastically improve patient outcomes, lower costs, and increase productivity. Learn More → | | | | |
| | | The Internet of Things (IoT) is powering transformation for enterprises, consumers, and governments. Emerging tools and technologies like smart speakers, machine learning, and 5G are enabling huge gains to efficiency and more control at home and in the workplace. Business Insider Intelligence is keeping its finger on the pulse of this ongoing revolution by conducting our third annual Global IoT Executive Survey, which provides us with critical insights on the most pivotal new developments within the IoT and explains how top-level perspectives are changing year to year. Our survey includes nearly 400 responses from key executives around the world, including C-suite and director-level respondents. Learn More → | | | | |
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