JPMorgan Chase: Acquires travel and loyalty business from cxLoyalty

  • JPMorgan Chase and cxLoyalty Group Holdings announced they signed an agreement for JPMorgan Chase
  • The deal includes cxLoyalty’s leading technology platforms, full-service travel agency, gift card, merchandise
  • The investment demonstrates a commitment to deliver exceptional travel benefits at-scale to large
  • cxLoyalty a leading loyalty and technology solutions company with over 40 years of experience
  • The deal expected to accelerate the strong foundation built-in loyalty, including for Chase’s Ultimate Rewards platform
  • This partnership allows us to strengthen and expand our technology solutions, rewards content
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Mastercard, Visa, and Revolut Lose UK Legal Challenge Over Card Fee Cap Plans

UK courts uphold cap on interchange fees affecting major payment companies.Highlights: UK courts dismiss legal challenge by Mastercard,...

LSEG Launches Blockchain-Based Digital Settlement Network

This new platform aims to enhance financial settlement processes.Highlights: LSEG has launched a blockchain-enabled digital settlement network.The platform...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

New initiative aims to streamline digital asset transactions globally.Highlights: SWIFT is launching a shared ledger for tokenised assets.The...

Keye Launches AI Co-Pilot for Private Equity Due Diligence

Innovative tool aims to streamline investment analysis and decision-making.Highlights: Keye introduces an AI co-pilot for private equity due...