Affinity Relationships with Major Card Issuers Will Give Rise to New Super-Cobranded Opportunities in 2020

Affinity relationships with major card issuers and brands is on the rise for 2020. In the “Age of The Credit Card Bonus,” there is an endless and growing list of card issuers with a long list of cards creating a highly competitive environment to attract customers.(1) Special introductory bonuses with their plastic has become not only the norm but has proliferated into a legal, but industry-detested byproduct called “credit card churning,” referring to the practice...

Zenus Bank Receives Permit to Commence Banking Operations

Zenus Bank announces it has received a permit to commence banking operations and launches Zenus.com with an integrated digital strategy. The startup digital bank achieved this crucial milestone in line with their roadmap expecting to begin on-boarding clients later this year. The timely nod of approval from regulators goes to further confirm the breadth and depth of experience of the management team that Fintech entrepreneur Mushegh Tovmasyan has assembled for his latest venture. “We are...

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