PLANO, Texas, Oct. 16, 2017
/PRNewswire/ -- Alliance Data Systems Corporation
(NYSE: ADS), a leading provider of loyalty and marketing
solutions, announced today that its LoyaltyOne® Canadian
loyalty business has signed a multi-year renewal agreement with
Bank of Montreal (BMO), a founding
partner of the AIR MILES Reward Program, launched in 1992. BMO will
continue to issue AIR MILES reward miles to consumer and business
customers through its various BMO Mastercard products and debit
spend within the BMO AIR MILES Banking Plan.
Established in 1817, and currently marking its 200th
year of operations, BMO Financial Group (TSE: BMO) is a highly
diversified financial services provider based in North America, with total assets of
$709 billion (CDN) as of July 31, 2017.
"We're proud of our long-standing partnership with BMO, our
largest AIR MILES partner, and will work closely with the bank to
drive and deliver exceptional value for our Collectors, build on
our solid foundation and explore new opportunities for issuance
growth in Canada's dynamic banking
and credit card loyalty marketplace," said Bryan Pearson, president and chief executive
officer at LoyaltyOne, operator of the AIR MILES Reward
Program.
About Bank of Montreal
Established in 1817, and
currently marking its 200th year of operations, BMO Financial Group
is a highly diversified financial services provider based in
North America. With total assets
of $709 billion as of July 31, 2017 and over 45,000 employees, BMO
provides a broad range of retail banking, wealth management and
investment banking products and services to more than 12 million
customers and conducts business through three operating groups:
Personal and Commercial Banking, Wealth Management and BMO Capital
Markets.
About AIR MILES Reward Program
The AIR MILES
Reward Program is Canada's premier
coalition loyalty program with more than 10 million active
Collector Accounts, representing approximately two-thirds of all
Canadian households. AIR MILES Collectors get Miles at more than
200+ leading brand-name Partners across the country at thousands of
retail and service locations and online. It is the only
loyalty program of its kind to give Collectors the flexibility and
choice to use Miles on aspirational Rewards, such as Merchandise,
Travel, Events or Attractions, or instantly, in stores or online,
through AIR MILES Cash at participating Partner locations. The AIR
MILES Perks feature also gives Collectors the opportunity to get
discounts and perks on exciting activities, which include Dining,
Shopping, Travel, Entertainment, Leisure, and Sports, just for
having an AIR MILES Card. AIR MILES is a LoyaltyOne business, part
of Alliance Data, a Fortune 500 company and global leader in
data-driven loyalty solutions. For more information, visit
www.airmiles.ca.
About Alliance Data
Alliance
Data® (NYSE: ADS) is a leading global provider of
data-driven marketing and loyalty solutions serving large,
consumer-based industries. The Company creates and deploys
customized solutions, enhancing the critical customer marketing
experience; the result is measurably changing consumer behavior
while driving business growth and profitability for some of today's
most recognizable brands. Alliance Data helps its clients create
and increase customer loyalty through solutions that engage
millions of customers each day across multiple touch points using
traditional, digital, mobile and emerging technologies. An S&P
500 and Fortune 500 company headquartered in Plano, Texas, Alliance Data consists of three
businesses that together employ more than 17,000 associates at
approximately 100 locations worldwide.
Alliance Data's card services business is a leading provider of
marketing-driven branded credit card programs. Epsilon®
is a leading provider of multichannel, data-driven technologies and
marketing services, and also includes Conversant®, a
leader in personalized digital marketing. LoyaltyOne®
owns and operates the AIR MILES® Reward Program,
Canada's premier coalition loyalty
program, and Netherlands-based
BrandLoyalty, a global provider of tailor-made loyalty programs for
grocers.
Investor information about Alliance Data's businesses may be
found here.
Follow Alliance Data on Twitter, Facebook, LinkedIn and
YouTube.
Forward-Looking Statements
This release
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Forward-looking statements give our
expectations or forecasts of future events and can generally be
identified by the use of words such as "believe," "expect,"
"anticipate," "estimate," "intend," "project," "plan," "likely,"
"may," "should" or other words or phrases of similar import.
Similarly, statements that describe our business strategy, outlook,
objectives, plans, intentions or goals also are forward-looking
statements.
We believe that our expectations are based on reasonable
assumptions. Forward-looking statements, however, are subject to a
number of risks and uncertainties that could cause actual results
to differ materially from the projections, anticipated results or
other expectations expressed in this release, and no assurances can
be given that our expectations will prove to have been correct.
These risks and uncertainties include, but are not limited to,
factors set forth in the Risk Factors section in our Annual Report
on Form 10-K for the most recently ended fiscal year, which may be
updated in Item 1A of, or elsewhere in, our Quarterly Reports on
Form 10-Q filed for periods subsequent to such Form 10-K.
Our forward-looking statements speak only as of the date made,
and we undertake no obligation, other than as required by
applicable law, to update or revise any forward-looking statements,
whether as a result of new information, subsequent events,
anticipated or unanticipated circumstances or otherwise.
Contact:
Alliance Data
Tiffany Louder – Investor
Relations
214-494-3048
tiffany.louder@alliancedata.com
Steve Balet –
Analysts/Investors
FTI Consulting
212-850-5611
alliancedata@fticonsulting.com
Shelley Whiddon – Media
214-494-3811
shelley.whiddon@alliancedata.com
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SOURCE Alliance Data Systems Corporation