Limited seats remain

Secure your place at the Digiday Publishing Summit in Vail, March 23-25

REGISTER

HSBC is using AI to personalize its rewards program

HSBC wants to give its U.S. credit card customers a better shopping experience.

The London-based bank is working on creating a rewards program that reads customer data to predict how they might redeem their credit card points so it can market the offerings of a certain category —  travel, merchandise, gift cards or cash — more actively.

It’s a little bit like online retailers that push certain products to consumers based on their preferences and previous activity.

The bank has partnered with Maritz Motivation Solutions, a provider of loyalty programs to U.S. and global companies whose technology suggests a redemption category to promote to each credit cardholder and calculates the percentage of customers likely to redeem in different categories.

Read the full story on tearsheet.co

More in Marketing

WTF is Meta’s Manus tool?

Meta added a new agentic AI tool to its Ads Manager in February. Buyers have been cautiously probing its potential use cases.

Agencies grapple with economics of a new marketing currency: the AI token

Token costs pose questions for under-pressure agency pricing models. Are they a line item, a cost center — or an opportunity?

From Boll & Branch to Bogg, brands battle a surge of AI-driven return fraud

Retailers say fraudsters are increasingly using AI tools to generate fake damage photos, receipts and documentation to claim refunds.