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The updated program, rebranded as MyLowe鈥檚 Pro Rewards, promises faster rewards, easier redemptions, and 5% daily savings on eligible purchases for customers using the MyLowe鈥檚 Pro Rewards Credit Card. Our take: While the sluggish housing market continues to weigh on home-related retailers, Lowe鈥檚 is taking steps to strengthen its position once the current headwinds pass.

Understanding the nuances of how and where Mexico鈥檚 67.5 million digital buyers spend their money online is key for brands and retailers to succeed in this thriving ecommerce market.鈥�

For example, Visa and Mastercard are powering new crypto debit and credit cards. Also, Visa is reportedly in talks with Sam Altman鈥檚 World Network crypto project to launch a stablecoin payments wallet. PayPal has expanded its crypto service with new tokens, while crypto payment fintechs like Mesh and MoonPay have won new funding.

Why it matters: Airport lounges can attract customers to issuers鈥� travel card programs鈥�21% of respondents said pay-per-visit access to airport lounges was extremely valuable in our 2022 US Premium Travel Credit Card Emerging Features survey. Gen Zers and millennials were disproportionately interested in the feature.

Virtual credit cards for safer online shopping. Holiday-specific budgeting tools to manage seasonal expenses. What this means for banks: Gen Zers want better ways to gauge their financial standing, including better transaction visibility and more personalized budgeting tools. But banks must act quickly to avoid missing out on this season鈥檚 spending.

Amex boasted a record 13 million new card acquisitions in 2024, and millennials and Gen Zers made up more than half of these accounts. They also accounted for one-third of Amex鈥檚 total balances last year.

The Affirm Card is VFC鈥檚 only major US consumer card program. We predict more BNPL providers will adopt the technology, giving Mastercard the chance to score tie-ups with players like Klarna. It could also partner with a fintech-linked card like the PayPal Debit Card. Overall, this digital credential can deliver value to Mastercard鈥檚 customers and bring in more volume for the network.

The rollout keeps U.S. Bank competitive with other issuers, like Chase, and can help encourage greater travel spend on its cards