GeneralBearishFortune Crypto · May 116/10
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Amex bought Resy. Chase bought The Infatuation. Inside the credit card industry’s quiet takeover of how you spend
Major credit card companies including American Express and Chase are acquiring popular dining and lifestyle platforms (Resy and The Infatuation), shifting their business model from passive reward issuers to active designers of consumer spending behavior. This consolidation reflects card issuers' strategy to capture higher-margin merchant data and deepen customer engagement beyond transactional rewards.
