Insights into How Credit Card Payments Work From the CEO of Plastiq

Jul 18 2018

Bill payment service Plastiq charges your credit card and then pays the bills you ask them to. That way you can earn credit card rewards for bills you might otherwise pay by check (currently only Mastercards allowed for mortgages), and benefit from convenience and float, charging something at the beginning of a credit card billing cycle and paying it off at the due date weeks after the end of the cycle.

Their CEO did an AMA on Reddit and offered some interesting insights into payments and their business plans.

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8 Things I Learned From United’s Earnings Call

Jul 18 2018

United Airlines held its earnings call this morning. The airline’s stock price jumped with release of their performance for the second quarter and during the call.

Since earnings beat estimates it was a more upbeat call than many of United’s recent run-ins with the investor community. It also largely focused on how they plan to drive earnings growth despite potential geopolitical and fuel price challenges.

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Offers I Don’t Think Will Be Around for Long, If You’re Interested Act Now

Jul 18 2018

There are several offers right now that I don’t think are going to last. Some we know won’t. Others banks have hinted they won’t. And in some cases we can make that bet based on past experience.

Usually there aren’t this many heightened offers at once, it’s an embarassment of riches, largely I think because it’s getting harder and harder to get consumer attention, banks need to spend more to acquire customers and it’s a highly competitive environment, when one product increases its offer others respond in kind.

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Hyatt Introduces New Earn or Burn Points for Experiences Website

Jul 18 2018

For a company invested in being an experiential brand outside of hotel stays, trying to earn a revenue premium by ‘helping you be a better you’ through acquisitions live Miraval and Exhale Spas, Hyatt has been behind its competitors in offering experiences outside of its hotels through its loyalty program.

More options are better, and it’s worth giving these a scan. There isn’t the exceptional value, scale, or true scarcity to the bulk of these experiences. But some of them are going to be interesting, and the value per point is fair though not outsized.

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Bikini Airline Orders 100 Boeing 737 MAX Planes

Jul 18 2018

VietJet’s CEO became Southeast Asia’s first self-made female billionaire. The airline is a discount carrier flying narrowbody aircraft mostly domestically although with several routes now into Asia.

They’ve branded themselves the bikini airline. And the airline’s CEO sees the campaigns and onboard stunts as empowering. Vietnam has a very conservative culture, and the public bikini stunts rebel against traditional notions of female dress in that society.

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