U.S. Bank and Jingit Receive Most Innovative Prepaid Program Honors for 2012 Paybefore Awards
February 23 2012 - 8:00AM
Business Wire
U.S. Bank, in partnership with Jingit, has been recognized by
Paybefore as a winner in the “Most Innovative Prepaid Program”
category at the 2012 Paybefore Awards. Jingit, an online and
mobile-based marketing platform, pays consumers money to watch ads
and provide feedback. Jingit users then can spend their earnings
through their U.S. Bank Jingit Visa® Prepaid Card. Paybefore Awards
is the most prestigious recognition of excellence in the worldwide
prepaid and stored value card industry.
“Recognition for ‘Most Innovative Prepaid Program’ is a great
honor for U.S. Bank and demonstrates our leadership position as a
banking innovator,” said Kevin Morrison, senior vice president at
U.S. Bank. “Our partnership with Jingit has proven very valuable,
providing us the opportunity to introduce the prepaid card to brand
conscious and tech-savvy customers. As our relationship deepens,
that opportunity expands to other valuable products and services
offered by U.S. Bank.”
“We are thrilled to be recognized in this category. Having U.S.
Bank as an innovation partner continues to help us redefine what is
possible in the prepaid market,” said Todd Rooke, co-chief
executive officer at Jingit. “Jingit values prepaid as an integral
part of connecting brands and consumers with the ability to
instantly spend cash incentives and rebates both online and in the
real world.”
The U.S. Bank Jingit Visa Prepaid Card was selected by a panel
of five industry experts who served as judges for this year’s
competition, which—once again—included entries from around the
world.
“Paybefore Awards was created to honor the companies and
individuals that are keeping prepaid on the cutting edge of
payments,” said Loraine DeBonis, Paybefore editor-in-chief and
chair of the judging panel. “Our industry continues to break new
ground and expand the reach of electronic payments because of
companies like U.S. Bank and Jingit who make innovation and
execution a priority.”
The U.S. Bank Jingit Visa Prepaid Card will vie for
best-in-category distinction, which will be announced during the
Paybefore Awards ceremony on March 12 at the Prepaid Expo USA
(www.prepaidexpousa.com).
To learn more about how consumers are making money with Jingit
and spending it with their U.S. Bank Jingit Visa Prepaid Card,
visit jingit.com.
About PaybeforePaybefore is the leading information
provider to prepaid and stored value industry professionals,
offering the latest news, commentary and analysis. Paybefore’s
family of industry publications include: Paybefore.com™, a
searchable online news and information portal; Paybefore News™,
daily news briefs delivered electronically; Paybefore News
International™, a weekly compilation of prepaid news and events
from outside the United States; Paybefore Update™, an e-newsletter
delivered 20 times a year; Paybefore Legal™, a downloadable
e-newsletter covering the legislative, regulatory and judicial
developments in prepaid, as well as feature articles by leading
attorneys in the field; Paybefore Magazine™, a biannual print
publication featuring in-depth articles on the opportunities,
challenges and trends in the global prepaid and stored value
industry; and the only industry directory, Paybefore Buyer’s
Guide™, available online and in print. Visit us at
www.paybefore.com.
About JingitJingit™ is the payment and engagement
platform that allows brands to incent consumers instantly with real
cash. Consumers are realizing they should be included in the value
exchange of advertising. We’ve learned the best way to exchange
value is with real money. Whether a consumer is online at their
favorite site or on the go with their smartphone, Jingit provides
instant cash for engaging with brands through video, short surveys,
and verified check-ins. Consumers can instantly access their cash
through their Jingit Visa Debit Card. Advertisers move beyond
traditional loyalty and point rewards with real cash incentives
without the hassle of managing the financial relationship with
consumers. Everyone wins. www.jingit.com.
About U.S. BancorpU.S. Bancorp (NYSE: USB), with $340
billion in assets as of Dec. 31, 2011, is the parent company of
U.S. Bank, the fifth-largest commercial bank in the United States.
The company operates 3,085 banking offices in 25 states and 5,053
ATMs, and provides a comprehensive line of banking, brokerage,
insurance, investment, mortgage, trust and payment services
products to consumers, businesses and institutions. U.S. Bancorp
and its employees are dedicated to improving the communities they
serve, for which the company earned the 2011 Spirit of America
Award, the highest honor bestowed on a company by United Way. Visit
U.S. Bancorp on the web at www.usbank.com.
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