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Card members can get a free martini when dining at participating restaurants in select cities鈥攊ncluding New York and Washington, D.C.鈥攂y linking their Amex card with Resy. After Member Week, those restaurants will also host a 鈥渟oir茅e鈥� with special menus, music, and swag. Amex will offer more than $290 in statement credits at select brands for consumer cards and more than $500 for business cards.

Only 15.6% of US consumers are comfortable using face recognition to make a purchase, per our July 2024 US Cash-Back Credit Card Emerging Features survey. And only 12.5% would be comfortable using palm recognition. Consumers were most comfortable with fingerprint recognition, at 24.4%.

These consumers are more likely to have higher credit scores, and many of the cards being marketed require strong credit and target high-income users. They also likely have more disposable income to spend on products and services. But low conversion rates should not deter payment marketers. It鈥檚 hard to spur conversion on social media given the complexity of signing up for a financial product.

As consumers remain plagued by a higher cost of living, banks will face reduced credit card interchange fees, lending, and deposits. Meanwhile, regulators are restricting FIs鈥� ability to charge fees such as interchange and overdraft. In this environment, high-margin ad revenues look like an attractive alternative. The ad dollar jackpot keeps growing.

Catalyst plans to harness those insights to develop personalized shopping experiences, offer unified loyalty and credit card programs, and cross-sell across brands. For this vision to succeed, the company鈥檚 brands must share a common customer base.

Why this matters: Center can help Amex build out the value proposition of its corporate and small business cards. Growing its small-business customer base and expanding its offerings beyond the card to include lending, checking, and cash-flow management is a key priority for Amex, CEO Steve Squeri said during the company鈥檚 Q4 2024 earnings call.

Credit card issuers wrote off $46 billion in seriously delinquent loans during the first nine months of 2024, a 50% jump from the same period in 2023, per BankRegData data reported by the Financial Times. The average CouponFollow survey respondent carries about $4,000 in debt, and nearly 40% have more than $5,000.

鈥淛ust like you don鈥檛 need a thousand credit cards for things, you don鈥檛 need a thousand memberships for things,鈥� said Davidkhanian. As retailers vie for subscribers, they need to demonstrate the value of their offering鈥攍ike Amazon's ecommerce, entertainment, and delivery infrastructure鈥攊n order to be worth consumers鈥� limited budgets.

This also allows FIs to better relate to union members, offering products and services tailored directly to them鈥攕uch as specialized lending and credit card options, strike pay management options, and pension management. FIs could use this shared experience to differentiate themselves from competitors.

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.

For the largest BNPL firms like Affirm and Klarna the question is no longer how to survive鈥攊t鈥檚 how to avoid stalling out at a point where their name recognition is nearly ubiquitous, and yet just 9.1% of consumers use it in a 30-day period, per the Federal Reserve, compared with 73% for credit cards.

Digital payment methods are primed to capture an increasing share of US in-store payments, but cards remain essential. And consumers will increasingly adopt emerging checkout options thanks to technological advances.鈥嬧�� This deck helps payment providers understand in-store payments and checkout trends by:鈥�. Sizing in-store retail payments.鈥�

The news: American Airlines named Citi as its sole co-brand credit card partner, dropping its relationship with Barclays, per CNBC. The airline will transition Barclays cardholders to Citi in 2026. The dual card provider arrangement stemmed from American Airlines鈥� 2013 merger with US Airways. American started renegotiating its co-brand credit card contracts earlier this year.

Shopify Payments automatically updates stored credit card information, which reduces payment failures and declines. It is also integrated with the merchant's Shopify store. This lets merchants create and manage subscription plans鈥攊ncluding recurring payments鈥攚ithin their Shopify admin interface. Shop Pay鈥檚 revenue and user growth validate its purchase conversion messaging.