{"id":735,"date":"2022-08-08T09:59:49","date_gmt":"2022-08-08T09:59:49","guid":{"rendered":"https:\/\/ttw.com.bd\/?p=735"},"modified":"2022-08-08T09:59:51","modified_gmt":"2022-08-08T09:59:51","slug":"banks-financial-institutions-getting-more-travel-services","status":"publish","type":"post","link":"https:\/\/ttw.com.bd\/?p=735","title":{"rendered":"Banks, Financial Institutions Getting More Travel Services"},"content":{"rendered":"\n<p>More and more, banks and financial institutions are seeing that travel is one of the most, well, bank-a-able, for lack of a better term, ways to create loyalty among customers.<\/p>\n\n\n\n<p>According to an&nbsp;<a href=\"https:\/\/www.phocuswire.com\/banks-looks-to-travel-to-boost-customer-loyalty\" target=\"_blank\" rel=\"noreferrer noopener\">article on PhocusWire<\/a>, many banks and firms are partnering with \u2013 in some cases even acquiring \u2013 travel service-related companies.<\/p>\n\n\n\n<p>PhocusWire mentioned several noteworthy deals in particular, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Capital One and Hopper Cloud<\/li><li>The launch of the U.K.-based bankrate app Revolut, backed by Expedia<\/li><li>U.S. Bancorp\u2019s acquisition of the app TravelBank<\/li><li>American Express\u2019 exclusive booking site on GetYourGuide<\/li><li>And JPMorgan Chase will soon launch ChaseTravel.com for all Chase members.<\/li><\/ul>\n\n\n\n<p>\u201cOffering travel rewards is a good first step; we know they resonate with cardholders and consumers,\u201d<\/p>\n\n\n\n<p>Arrivia chief marketing officer Jeff Zotara told PhocuisWire. \u201cBut if credit card companies and financial institutions want to become their customers\u2019 go-to for everyday purchases and capture more of their travel spend, they need to get to the next level by providing exceptional, exclusive discounts combined with streamlined redemption and whole-trip booking capabilities.\u201d<\/p>\n\n\n\n<p>In fact, according to an Arrivia survey, 63 percent of industry respondents plan to offer new travel rewards or benefits in 2022, including exclusive travel options, deeper discounts and experiences or activities.<\/p>\n\n\n\n<p>JPMorgan Chase co-CEO of consumer and community banking Marianne Lake says: \u201cTravel has been the center of gravity for our Ultimate Rewards program for a decade and remains the most aspirational lifestyle category for many of our customers&#8230;We will deliver distinctive content and experiences and become a full-service travel agency to our small business and premium leisure travelers.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More and more, banks and financial institutions are seeing that travel is one of the most, well, bank-a-able, for lack<\/p>\n","protected":false},"author":1,"featured_media":716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[],"class_list":["post-735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news"],"_links":{"self":[{"href":"https:\/\/ttw.com.bd\/index.php?rest_route=\/wp\/v2\/posts\/735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ttw.com.bd\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ttw.com.bd\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ttw.com.bd\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ttw.com.bd\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=735"}],"version-history":[{"count":1,"href":"https:\/\/ttw.com.bd\/index.php?rest_route=\/wp\/v2\/posts\/735\/revisions"}],"predecessor-version":[{"id":736,"href":"https:\/\/ttw.com.bd\/index.php?rest_route=\/wp\/v2\/posts\/735\/revisions\/736"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ttw.com.bd\/index.php?rest_route=\/wp\/v2\/media\/716"}],"wp:attachment":[{"href":"https:\/\/ttw.com.bd\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ttw.com.bd\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ttw.com.bd\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}