LoyaltyOne

Canada's Gigaton-Scale Carbon Removal Project Developer, Deep Sky, Raises C$75M Series A Funding

Retrieved on: 
Thursday, November 16, 2023

MONTRÉAL, Nov. 16, 2023 /PRNewswire/ -- Deep Sky, a Montreal-based carbon removal project developer, today announced it has raised a total of $75M CAD in its Series A funding to support gigaton-scale carbon removal in Canada. The round includes conversion of its $17.7M seed note and $57.5M in new capital co-led by Brightspark Ventures and Whitecap Venture Partners, with major participation from Investissement Québec ($25M), as a mandate of the government of Quebec, OMERS Ventures, and Business Development Bank of Canada (BDC)'s Climate Tech Fund. The fresh capital will be used to begin planning and construction of its first commercial facility; grow the team; build corresponding carbon removal software for selling carbon credits; and fund its Alpha research facility, the world's first carbon removal research center.

Key Points: 
  • MONTRÉAL, Nov. 16, 2023 /PRNewswire/ -- Deep Sky , a Montreal-based carbon removal project developer, today announced it has raised a total of $75M CAD in its Series A funding to support gigaton-scale carbon removal in Canada.
  • Alongside the fresh capital, Deep Sky has added two prominent independent board members, Annesley Wallace and Sam Duboc.
  • We're committed to making Canada the carbon removal capital of the world and offering the highest quality carbon emission offsets."
  • Deep Sky is the world's first carbon removal project developer deploying the best carbon capture technology from around the world under one roof.

BMO Completes Acquisition of LoyaltyOne's AIR MILES Reward Program Business

Retrieved on: 
Thursday, June 1, 2023

TORONTO, June 1, 2023 /CNW/ - BMO (TSX: BMO) (NYSE: BMO) today announced the completion of its acquisition of LoyaltyOne's AIR MILES Reward Program (AIR MILES).

Key Points: 
  • TORONTO, June 1, 2023 /CNW/ - BMO (TSX: BMO) (NYSE: BMO) today announced the completion of its acquisition of LoyaltyOne's AIR MILES Reward Program (AIR MILES).
  • The acquisition is a made-in-Canada opportunity to reinvigorate one of Canada's most celebrated loyalty programs for all Canadians collecting AIR MILES Reward Miles, as well as partners across the country.
  • "As a longtime partner, we believe in the value of the AIR MILES Reward Program and are confident about the opportunity to expand the program and build even greater customer loyalty."
  • "The future is bright for AIR MILES, and this is a significant step forward for collectors and partners all across Canada," said Shawn Stewart, President, AIR MILES Reward Program.

Trupanion Underscores Growth and Global Reach with New Hire

Retrieved on: 
Tuesday, August 9, 2022

This role is essential to the execution of organizational growth strategy, while supporting Trupanions team culture and DEIB goals.

Key Points: 
  • This role is essential to the execution of organizational growth strategy, while supporting Trupanions team culture and DEIB goals.
  • Prior to MCAN, McGibney directed a global team as Vice President, Talent and Associate Experience for LoyaltyOne, a global provider of consumer loyalty solutions.
  • As Trupanion continues to reach new heights and new markets, we are excited to have Brenna on board to support our growth here and abroad, said Margi Tooth, president at Trupanion.
  • Im excited to join an organization that is as plainly passionate about their team members as Trupanion, said Brenna McGibney, chief people officer for Trupanion.

Cymax Group Announces New C-Suite and Senior Leadership Appointments

Retrieved on: 
Wednesday, July 13, 2022

VANCOUVER, BC, July 13, 2022 /PRNewswire/ - Cymax Group Technologies (Cymax Group), a leading eCommerce technology and services platform for furniture vendors and retailers, has announced the promotion of Brad Kent to Chief Technology Officer and welcomed Mike Herenberg to Cymax Group as Chief Operating Officer.

Key Points: 
  • VANCOUVER, BC, July 13, 2022 /PRNewswire/ - Cymax Group Technologies (Cymax Group), a leading eCommerce technology and services platform for furniture vendors and retailers, has announced the promotion of Brad Kent to Chief Technology Officer and welcomed Mike Herenberg to Cymax Group as Chief Operating Officer.
  • With the new leadership in place, Cymax Group continues to reinforce its growth trajectory for 2022 and advance solutions for the fast-evolving eCommerce market.
  • He was previously Vice President of Analytics and Engineering at Cymax Group before being appointed Chief Technology Officer.
  • "In these turbulent market conditions, we are focused on responsible growth and have bolstered our foundations with these key appointments," said Riz Somji, CEO of Cymax Group.

A New Name, But a Commitment That’s the Same – Comenity Direct is Now Bread Savings™

Retrieved on: 
Monday, April 25, 2022

Bread Financial (NYSE: BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, announces its former Comenity Direct consumer deposit brand is now Bread Savings.

Key Points: 
  • Bread Financial (NYSE: BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, announces its former Comenity Direct consumer deposit brand is now Bread Savings.
  • The name change reflects the rebranding of Alliance Data to Bread Financial, which was announced on March 23 .
  • The newly branded Bread Savings delivers on that promise and will continue to offer great service, top rates and security that customers can count on.
  • Bread Savings customers enjoy several benefits:
    In addition to Bread Savings, Bread Financial offers a comprehensive suite of payment products, which includes private label and co-brand credit cards, installment lending, buy now, pay later (BNPL), and the Bread Cashback American Express Credit Card .

All of the Benefits, None of the Gimmicks: Bread Financial™ Unveils New Bread Cashback™ American Express® Credit Card

Retrieved on: 
Wednesday, April 13, 2022

Bread Financial (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced the launch of a new consumer credit card the Bread Cashback American Express Credit Card.

Key Points: 
  • Bread Financial (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced the launch of a new consumer credit card the Bread Cashback American Express Credit Card.
  • The Bread Cashback American Express Credit Card provides consumers with the financial flexibility to help unlock new opportunities and live their best lives.
  • Beginning today, consumers can apply for a Bread Cashback American Express Credit Card at BreadFinancial.com .
  • Bread Financial also offers direct-to-consumer solutions that give customers more access, choice and freedom through its branded Bread CashbackTM American Express Credit Card and Bread SavingsTM products.

Bread Financial Schedules First-Quarter 2022 Earnings Conference Call for April 28

Retrieved on: 
Tuesday, April 12, 2022

Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, will host a conference call on Thursday, April 28, 2022, at 8:30 a.m.

Key Points: 
  • Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, will host a conference call on Thursday, April 28, 2022, at 8:30 a.m.
  • A replay of the conference call will be available two hours after the end of the call until 11:59 p.m.
  • Bread Financial (NYSE: BFH) is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions.
  • Bread Financial also offers direct-to-consumer solutions that give customers more access, choice and freedom through its branded payment, lending and saving products.

Bread Financial to Ring New York Stock Exchange Opening Bell on April 4, 2022

Retrieved on: 
Thursday, March 31, 2022

Bread Financial (NYSE: ADS), a leading provider of tech-forward payment and lending solutions, today announced that it will ring the opening bell at the New York Stock Exchange on Monday, April 4 at 9:30 am ET.

Key Points: 
  • Bread Financial (NYSE: ADS), a leading provider of tech-forward payment and lending solutions, today announced that it will ring the opening bell at the New York Stock Exchange on Monday, April 4 at 9:30 am ET.
  • The event commemorates the companys business and brand transformation from Alliance Data to Bread Financial, announced March 23.
  • Following the opening bell, Bread Financial will begin trading under its new ticker symbol BFH.
  • President and Chief Executive Officer Ralph Andretta will preside over the ringing of the opening bell, joined by members of the companys leadership team.

Bread Financial™ and Victoria’s Secret Launch New Co-Brand Mastercard®, Renew Long-Standing Partnership

Retrieved on: 
Tuesday, March 29, 2022

Additionally, Bread Financial and Victoria's Secret have renewed their long-standing private label credit card program relationship.

Key Points: 
  • Additionally, Bread Financial and Victoria's Secret have renewed their long-standing private label credit card program relationship.
  • View the full release here: https://www.businesswire.com/news/home/20220329005303/en/
    Bread Financial is thrilled to continue our nearly three decade long relationship with Victorias Secret, our longest-standing brand partner, said Val Greer, EVP and chief commercial officer, Bread Financial.
  • The Victorias Secret Mastercard will also provide highly coveted rewards for cardmembers while spending both at Victorias Secret and outside the brand, complementing the existing Victoria's Secret private label credit card.
  • Working with Bread Financial and Victorias Secret, were bringing Victorias Secret shoppers compelling card products with rewards in categories most meaningful to them, both in-store and online.

Alliance Data is now Bread FinancialTM

Retrieved on: 
Wednesday, March 23, 2022

Alliance Data (NYSE: ADS) today announced it will now be known as Bread Financial, a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions.

Key Points: 
  • Alliance Data (NYSE: ADS) today announced it will now be known as Bread Financial, a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions.
  • Bread Financials parent company is now Bread Financial Holdings, Inc., formerly Alliance Data Systems Corporation (NYSE: ADS).
  • Bread FinancialTM (NYSE: ADS) is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions.
  • Formerly Alliance Data, Bread Financial is an S&P MidCap 400 company headquartered in Columbus, Ohio, and committed to sustainable business practices powered by its 6,000+ global associates.