Two years ago, Marriott split its customers between two card issuers following its acquisition of Starwood Hotels. Rather than choose one over the other, the chain has challenged Amex to draw a clear line between its cobrand card and that issued by Chase.
Driving an Uber car isn't like many other jobs, and drivers' payments and expenses are also very different. Much of those differences are built on Green Dot technology, and the bank is ready to see if its platform can work for more than just Uber.
This year could be a pivot point for blockchain to move past proofs of concept to adoption, propelled by strong investor interest. But many still see the tech as being three to four years away from going mainstream.
A new cobranded Uber debit card from Green Dot’s GoBank unit gives drivers 3% cash back if they choose PIN entry when filling their tanks at ExxonMobil stations, affirming the persistence of PINs in an increasingly digital payments environment.
The threat that mobile would displace plastic never came to be. But the new technology — often developed by retailers and other nonbanks — nevertheless forced issuers to take stock of their own offerings.