JPMorgan to buy third-party loyalty program unit of cxLoyalty
(Reuters) - JPMorgan Chase & Co (NYSE:JPM) said on Monday it would buy the global loyalty division of cxLoyalty Group Holdings Inc, a third-party credit card loyalty program service provider. The transaction, whose financial terms were not disclosed, will see the Wall Street bank integrate cxLoyalty's technology platforms, full service travel agency, gift card, merchandise, and points bank businesses into its Chase...
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