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Co-branded Credit Card Market Projected to Reach $25.72 billion by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 2, 2024 /PRNewswire/ — The report titled “Co-branded Credit Card Market by Vendor Type (Card Issuer, Card Network, Retailer), Credit Card Type (Physical Credit Cards, Virtual Credit Cards), End-User – Global Forecast 2024-2030“ is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $13.41 billion in 2023 to reach $25.72 billion by 2030, at a CAGR of 9.74% over the forecast period.
“The Evolution and Global Impact of Co-branded Credit Cards“
The market for co-branded credit cards is experiencing robust growth, driven by the appeal of substantial discounts, cash-backs, and other rewards among consumers, especially the younger and millennial demographics. Such cards, which combine the utility of store and rewards cards with the backing of significant networks or issuers, are becoming increasingly popular for their convenience and the vast array of benefits they offer. Challenges include operational restrictions and the deterrent of high annual fees; the industry is actively innovating and forging new alliances with retail and airline sectors, aiming to broaden the market’s reach. In the United States, a pronounced credit culture and the appeal of attractive rewards programs have established co-branded credit cards. Meanwhile, the Asia-Pacific region is observing an upsurge in adoption, propelled by high consumer expenditure and an inclination for loyalty programs, with countries such as Australia and Japan. However, adoption rates in emerging markets are rising steadily, supported by an expanding middle class and strides in digital banking. Europe’s approach includes strict regulatory measures such as the General Data Protection Regulation (GDPR), impacting the design and promotion of these credit offerings. The Middle East is witnessing growth led by the luxury travel and retail domains, whereas Africa primarily focuses on enhancing financial inclusion. This diverse landscape highlights the dynamic evolution of co-branded credit cards, underscoring their potential to reshape spending behaviors and loyalty engagement worldwide.
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“Revolutionizing Customer Loyalty And The Rise of Co-Branded Credit Cards“
The appeal for co-branded credit cards across diverse sectors has witnessed a remarkable surge, illustrating a strategic shift toward capitalizing on brand collaborations to deliver inventive and tailor-made financial offerings to customers. These credit cards stand out due to their specially curated reward programs that heighten customer allegiance to the brands. These cards encourage customers to choose the brand, amplifying loyalty consistently by offering points, miles, or cashback primarily for purchases made within the brand’s network or with affiliated partners. One of the most compelling advantages of co-branded credit cards is their access to exclusive benefits, including but not limited to priority services, early sale access, and unique discounts, further enriching the customer’s interaction with the brand. These cards simplify payment processes in the digital era, allowing customers to easily check rewards, redeem points at checkout, and receive personalized deals, thus enhancing the consumer-brand connection. Co-branded credit cards offer a distinct mix of customized rewards, exclusivity, effortless integration, and robust security features, contributing to their growing popularity and the mutual growth of brands and their loyal customer base.
“The Strategic Collaboration between Retailers and Financial Institutions through Co-branded Credit Cards“
Co-branded credit cards emerge as a seamless integration of financial services and retail excellence, fostering a symbiotic partnership between leading financial institutions and renowned retailers, including big-box retailers, department stores, and major online marketplaces. These credit cards, supported by robust payment processing networks, offer a unique blend of benefits derived from card issuers and retail brands, enriching the shopping experience for consumers. Financial institutions responsible for the card’s issuance manage the application process, credit assessments, and ongoing account services, ensuring a reliable and secure transactional backbone. Retail partners enhance the value proposition by connecting their brand appeal and dedicated customer base to these financial products. This collaboration optimizes customer rewards and benefits and amplifies the reach and impact of entities in competitive markets, providing a compelling example of innovation in consumer finance.
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“American Express Company at the Forefront of Co-branded Credit Card Market with a Strong 8.70% Market Share“
The key players in the Co-branded Credit Card Market include Citigroup Inc., American Express Company, Mastercard International Incorporated, Visa Inc., Bank of America Corporation, and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Co-branded Credit Card Market“
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Co-branded Credit Card Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Co-branded Credit Card Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/co-branded-credit-card
“Dive into the Co-branded Credit Card Market Landscape: Explore 193 Pages of Insights, 290 Tables, and 22 Figures“
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Co-branded Credit Card Market, by Vendor Type
- Co-branded Credit Card Market, by Credit Card Type
- Co-branded Credit Card Market, by End-User
- Americas Co-branded Credit Card Market
- Asia-Pacific Co-branded Credit Card Market
- Europe, Middle East & Africa Co-branded Credit Card Market
- Competitive Landscape
- Competitive Portfolio
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/co-branded-credit-card
Related Reports:
- Card Personalisation Market – Global Forecast 2024-2030
- Card Payments Market – Global Forecast 2024-2030
- Payment Instruments Market – Global Forecast 2024-2030
About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearch
Mr. Ketan Rohom
360iResearch Private Limited,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India – 411014.
Email: [email protected]
USA: +1-530-264-8485
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To learn more, visit 360iresearch.com or follow us on LinkedIn, Twitter, and Facebook.
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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.
The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826
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Invitation to presentation of EQT AB’s Q1 Announcement 2024 |
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EQT AB Group |
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- Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
- Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
- Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
- Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
- 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
- CEO reaffirms Kia’s commitment to ESG management
SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.
Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.
During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.
The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.
“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”
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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.
As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.
The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.
Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.
About BioVaxys Technology Corp.
BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.
ON BEHALF OF THE BOARD
Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054
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