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Tag: Loyalty programs

How Casinos Can Prevent Loyalty Incentive and Account Takeover Fraud

As casinos go digital, their loyalty programs and authentic accounts are at risk.

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Women are outpacing men as first-time crypto purchasers

Bakkt’s latest research on crypto behaviors and preferences showed that there has been a significant increase in crypto adoption among women.

The post Women are outpacing men as first-time crypto purchasers appeared first on CryptoSlate.

Maxim Group LLC Initiates Coverage of Society Pass (SoPa)

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SINGAPORE, Mar 2, 2022 - (ACN Newswire) - Society Pass Incorporated (SoPa)(Nasdaq: "SOPA"), Southeast Asia's fastest growing loyalty and ecommerce ecosystem today, announced that Maxim Group LLC (Maxim) has announced that they have initiated equity research of SoPa and published their initial Equity Research Report, dated February 24, 2022.

In its report, Maxim highlighted the following key growth drivers for SoPa:
- Large and growing South and Southeast Asia markets that are shifting towards digitalization
- Launch of Society Points in 2H22 which is high margin and should increase customer retention.
- Technology for data and loyalty programs should grow e-commerce.
- Relaunch of Leflair in 2H21, which is a top-five luxury ecommerce site in Vietnam. Leflair generated ~$9M in revenue in 2019.
- Grow merchant-related fees from partnership program, POS devices, software, and vendor finance offerings.
- Grow new customers through event marketing with strategic partners, digital/social media engagement, and joint marketing with merchants.
- Roll up smaller ecommerce-related companies. Opportunities are available at low multiples as target companies have fewer alternative forms of capital. Acquisition targets can generate revenue and expense synergies as part of the Society Pass ecosystem.

Maxim also highlighted the successful track record of SoPa Chairman and CEO, Dennis Nguyen in building out and selling businesses in China and Southeast Asia.

Dennis Nguyen, CEO of Society Pass said "The publication of this report is another exciting milestone for Society Pass so soon after our IPO. Investors continue to have a positive view of the Southeast Asian investment opportunity and this report will bring greater awareness and understanding to the market of our plans to build Southeast Asia's fastest growing ecommerce and loyalty ecosystem."

About Society Pass

Society Pass is a loyalty and data marketing ecosystem that operates multiple e-commerce and lifestyle platforms across its key markets. Its business model focuses on collecting user data through the expected circulation of its universal loyalty points. It seamlessly connects consumers and merchants across multiple product and service categories fostering organic loyalty. Since its inception, SoPa has amassed over 1.6 million registered consumers and over 3,500 registered merchants/brands on its platform. It has since invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its Platform's consumers, merchants, and acquisitions.

Society Pass provides merchants with #HOTTAB Biz - a convenient order management app for business partners on SoPa.asia, and #HOTTAB POS - a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user's profile analytics, and convenient financial support packages for small and medium-sized enterprises. All tools offered above will allow businesses to attract and retain customers through personalized interaction based on analytics with a high profit margin.

In addition, SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, and Handycart.vn, a leading online restaurant delivery service based in Hanoi, Vietnam. For more information, please check out: http://thesocietypass.com/

Media contact
PRecious Communications for SoPa

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comSociety Pass Incorporated (SoPa)(Nasdaq: "SOPA"), Southeast Asia's fastest growing loyalty and ecommerce ecosystem today, announced that Maxim Group LLC (Maxim) has announced that they have initiated equity research of SoPa and published their initial Equity Research Report, dated February 24, 2022.

How Much Should You Spend in a Casino to Get Free Benefits?

What amount of money do I have to spend in a casino to enjoy free benefits? It might seem like a simple question. Unfortunately, it is not. There is no magic number of dollars that you have to spend and immediately get into the magical land of casino freebies. Does not matter if it’s a complimentary cocktail, a parking space, or an all-expenses-paid trip to the casino, there are no rules. Each casino has its way of doing these things. […]

The post How Much Should You Spend in a Casino to Get Free Benefits? appeared first on JeetWin Blog.

420 is Coming: Are Your Cannabis Dispensary POS and Technology Ready?

The cannabis industry’s biggest holiday is just over a month away, and it is time for you to start planning now if you want to make the most of it. In previous years, many dispensary POS systems have had a chronic reputation of crashing on 420, as they are not well-equipped to handle the traffic and transactions on this big day. With covid restrictions eased and life getting back to normal, you can expect April 20, 2022, to be the biggest 420 so far, and your cannabis retail operations must be ready to capitalize on the industry's most important business day. If your dispensary POS system crashed on 420 last year, then that is indeed a big red flag, and it is probably time to switch. In this blog post, we highlight five ways through which you can evaluate if your cannabis technology provider will have your back on 420 or not.

Telecom Giant Airtel Acquires Aqilliz, Transforming Adtech & Creator Economy with Blockchain

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The acquisition of Aqilliz will enable Airtel to deploy blockchain-based solutions across its fast-growing digital marketplace, Adtech (Airtel ads), and digital entertainment. (Read More)

Fintech momentum is growing in Cyprus, but challenges must be resolved

The fintech scene in Cyprus is growing rapidly, but there are still some hurdles to overcome.
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Qantas Loyalty Taps Airwallex to Expand Its Financial Services Offerings

Qantas Loyalty, a leading airline loyalty program owned by Qantas Airways Limited, announced today that it has selected Airwallex, a global fintech firm headquartered in Australia, to expand its fi...

Mastercard’s Reach Expands While BTC, ETH Slide In Value: Analysis

Mastercard’s reach expands while both BTC and ETH drop in value over the past 24 hours as the entire crypto market cap starts sliding as well so let’s take a closer look in today’s latest altcoin news. A brief crash dropped the price of BTC to $39,638 as per CoinMarketCap and the world’s favorite cryptocurrency […]

Mastercard Adds Crypto Consulting Service in Latest Effort to Boost Cryptocurrency Adoption

Mastercard Adds Crypto Consulting Service in Latest Effort to Boost Cryptocurrency AdoptionPayments giant Mastercard is expanding its payments-focused consulting service to include cryptocurrency. It covers “a range of digital currency capabilities, from early-stage education, risk assessments, and bank-wide crypto and NFT strategy development to crypto cards and the design of crypto loyalty programs.” Mastercard’s Crypto Consulting Service Mastercard announced Tuesday the expansion of its payments-focused consulting […]

Mastercard is going on a hiring spree in crypto and services push

Mastercard Inc. said it will hire more than 500 young professionals this year as it expands its data and services unit, an effort that will include launching consulting practices focused on cryptocurrencies and open banking. The payments giant will also develop a consulting practice focused on environmental, social and governance issues, Purchase, New York-based Mastercard […]

Danske Bank taps SunTec for fee and billing management upgrade

“SunTec is providing a platform that supports our product roadmap," says Danske Bank.

iSeatz Releases First “Credit Card Rewards Report,” Expanding “State…

iSeatz has released their first report focusing on the point redemption product portfolios of 25+ credit card-issuing banks. The report is the latest in the “State of Loyalty” series of reports...

(PRWeb February 08, 2022)

Read the full story at https://www.prweb.com/releases/iseatz_releases_first_credit_card_rewards_report_expanding_state_of_loyalty_research_series/prweb18480926.htm

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