Welcome!

Wearables Authors: Liz McMillan, Elizabeth White, Zakia Bouachraoui, Yeshim Deniz, Dana Gardner

News Feed Item

New Glyph Mobile App Helps Consumers Triple or Quadruple Credit Card Rewards

Today, tech startup Glyph released its new iPhone app that provides consumers with valuable information regarding which credit cards offer the most valuable rewards programs. Glyph is currently available in the App Store here.

Using the iPhone’s location-based GPS, Glyph recommends the right card to use based on where the user is shopping. Over time, the app learns each user’s habits, and suggests which cards would make a perfect portfolio, never allowing the user to miss out on rewards. Glyph does not require any credit card numbers to function and is free in the Apple App Store.

Between 2006 and 2010, the median American family earned $51,9141, while mean credit card spend per family was $24,9232. Taken together, this means that the average American family spends roughly 48 percent of its household income on credit cards.

Fortunately for consumers, credit card issuers offer excellent rewards perks to attract and retain customers. With the offers currently available in high-spend categories, such as gas, grocery, department stores, and restaurants, consumers can earn 5% back on almost every purchase. Certain consumers, frequent travelers for example, can earn north of 10% back, due to the loyalty programs offered by many hotels and airlines. But with changing rewards schemes, various rewards currencies, and complex terms and conditions, it can be difficult to know the right cards to carry and to determine which card to use for each purchase.

Finally, there’s an app for that.

“Credit card rewards can add significant dollars to consumers’ pockets. We at Glyph believe smartphones can and should help people at the point of purchase. That’s why we’ve built Glyph to be a consumer’s financial advocate on-the-go; consumers now have someone to watch their backs while they are out on the town,” said Mike Vichich, Glyph’s CEO.

Banks have taken already notice of the value that Glyph brings to the market: the app is launching with support from Discover, allowing Glyph users to apply for new cards directly through the app. Similar relationships with other financial institutions are in the works, reports Vichich.

More information can also be found at the company’s website, www.paywithglyph.com.

1 http://quickfacts.census.gov/qfd/states/00000.html

2 http://www.census.gov/compendia/statab/2012/tables/12s1188.pdf

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...