Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Tuesday, September 29 2020 - 09:00
AsiaNet
Virgin Money Australia partners with Ascenda to deliver new loyalty programme later this year
SYDNEY, Sept. 29, 2020 /PRNewswire-AsiaNet/ --

Ascenda, a global loyalty solutions company has been selected by Virgin Money 
Australia (part of the Bank of Queensland Group) to deliver market-leading 
reward capabilities within its newly announced digital bank.

Photo-https://photos.prnasia.com/prnh/20200928/2930123-1 

The partnership will leverage Ascenda's market leading technology to help 
launch a new loyalty programme that aims to reimagine the way customers are 
engaged and rewarded. Virgin Money Australia will look to reward customers for 
positive behaviours beyond transactional spend or upfront bonuses that 
traditional programmes focus on. 

The new loyalty programme has been designed with Virgin Money Australia 
customers at the heart of the experience. A programme that will allow customers 
to earn points and unlock personalised offers, all from the palm of their hands 
anywhere in the world. 

Virgin Money Australia customers will be rewarded on a wide range of everyday 
behaviours, like achieving their savings goals, staying within their spending 
target, shopping online or on purchases they make in store. 

Mr Greg Boyle, Virgin Money Australia CEO said: "Australians are well aware of 
the value they deliver to the banks, but they don't believe this is reflected 
in the service they receive. Instead they feel unrecognised and undervalued. 
We're going to change that. We want our customers to feel recognised and 
rewarded every day they're with us. Recognising loyalty should go beyond 
typical upfront bonuses or transactional rewards. We want to share value with 
our customers, whether it's as they grow their relationship with us, to help 
them celebrate achieving their own financial goals, or to thank them for 
choosing us." 

"Ascenda's cloud-based API and white label capability is key to helping us 
achieve this. It will allow us to offer our customers red-hot and relevant 
rewards across a broad range of day-to-day banking activities, behaviours and 
events," concluded Mr Boyle.

Sebastian Grobys, Ascenda's Chief Commercial Officer, added, "We're delighted 
to partner with Virgin Money Australia to help them bring to market a new and 
exciting loyalty proposition. With Ascenda's next-generation platform, Virgin 
Money Australia will benefit from speed-to-market, the flexibility to 
continuously innovate going forward, and operational efficiencies."

Ascenda has commenced implementation and is progressively deploying its 
technology across the project. 

About Ascenda

Ascenda is a global provider of innovative loyalty solutions powering rewards 
propositions for leading financial services and travel brands worldwide.

Ascenda makes loyalty simple through solutions rooted in simplicity and 
beautiful design.  With deep market expertise, best-in-market technology and a 
rich global content network, Ascenda delivers fully digital, user-friendly and 
highly compelling rewards offerings that eliminate the trade-off between cost 
and customer value.

For more information about Ascenda, please visit www.ascendaloyalty.com.

Media Contact: 
Valerie Perridon
valerie.perridon@ascendaloyalty.com 

Source Ascenda

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=372848

   Caption: Virgin Money Australia partners with Ascenda to deliver new loyalty 
program later this year.