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U.S. Bank is introducing a pair of savings and credit rewards products.Released under the banks Bank Smartly program, these offerings are designed to work in tandem to let users maximize credit card rewards and earn more on their savings balances, according to a Wednesday Sept. 4 news release.The Bank Smartly card, offered through Visa, gives users up to 4% cash back stanley canada on every purchase, while U.S. Bank Smartly Savings is a competitive rate savings account, per the release. The combination provides an everyday banking solution that empowers clients to manage their money easily, while maximizing cash back rewards based on total eligible balances with U.S. Bank, the release said. When paired with a Bank Smartly Savings account and average daily combined balances in U.S. Bank deposit, trust or investment accounts, clients can increase their earning opportunities up to as much as 4% cash back on all purchases 鈥?the high stanley termoska est level of cash back rewards in the market, the release added. Reward levels increase with the cardholders combined average daily eligible balance. The offering comes as consumers are having a tougher time saving, PYMNTS reported last month. The savings rate as a percentage of disposable income now stands at about 3%, down from about 5% a year ago.In the meantime, PYMNTS Intelligence found that consumers are exhausting their savings every few years. If stanley cup savings are wiped out and the savings rate is relatively low, replenishing those cash reserves takes increasi Vejj Amazon Echo s Biggest Threat Siri As A Service
http://pymnts/wp-content/uploads/2014/12/SunTrust-MasterCard-Tokenization-Podcast1.mp3Customer experience. Security. Ubiquity. These, says Matt Barr, Group Head, US Emerging Payments at MasterCard, make up the holy trinity of payments. In a recent interview with MPD CEO Karen Webster, Barr and Shannon Johnson, SVP Head of Checking Payments, SunTrust offered a behind-the-scenes look at tokenization and how its being used to solve for that trinity. While its has been around for awhile and only recently been made visible than stanley quencher ks to Apple Pay, they offered their views from their perches on how tokenization as whole will tran stanley website sform payments and digital payments as we know it.KW: Lets make sure were all on the same playing field when it comes to the framework of tokenization 鈥?it is different. There is the device account number, and then there is the one-ti stanley cup me transactional account number that is generated when a transaction is initiated. So set is straight 鈥?how do these two things work MB: Tokenization and whats been introduced through the MasterCard Digital Enablement Service is, we think, very transformational. The end-goal as we see it is that tokenization goes as far as saying that the only place youll see a traditional PAN in the future is on a plastic card. Every MasterCard transaction through any channel will eventually be conducted through the use of tokens.What were creating is the ability for a device account number to be attached to a smart device. Each of the de |
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