Loyalty Rewards Own the Present (and Future?) of Credit Cards
Banks are in a “rat race” to win over new credit card holders with sign-up bonuses and rewards. Americans are spending at pre-recession levels and each major bank is competing to get in on the actions. The average consumer now has three credit cards, and being the bank behind one of those cards has never been so tricky. The whole affair is causing issuers to lose dough.
Securing Data Is an Ongoing Dilemma
Experts are warning that hackers are already finding ways to bypass the latest in cybersecurity. Some are saying that management is going to have to play a key role in ensuring continued security. We are warned that “in a distributed world, attack surfaces multiple rapidly and grid edge devices can become weapons.” To the uninitiated, this can all be very confusing.