{"id":402613,"date":"2020-12-18T07:03:13","date_gmt":"2020-12-18T12:03:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402613"},"modified":"2020-12-18T07:03:13","modified_gmt":"2020-12-18T12:03:13","slug":"blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\/","title":{"rendered":"Blackhawk Network Partners with Rising FinTech Company SKUx to Power the Future of Retail Promotional Incentives"},"content":{"rendered":"<div class=\"mw_release\">\n<p>ST. PETERSBURG, Fla., Dec.  18, 2020  (GLOBE NEWSWIRE) &#8212; Blackhawk Network, a branded payments provider, is partnering with rising FinTech company SKUx. This innovative partnership will enable Blackhawk\u2019s global network of more than 280,000 retail distribution points with the next-generation of solutions for seamless distribution, redemption, reconciliation, and settlement of promotional incentives and enhanced loyalty promotions.<\/p>\n<p>\u201cAs we look forward towards the future of the traditional offer industry and retailer consumer loyalty programs, we recognize the overwhelming demand for increased transparency, traceability, and proof of ROI, specifically in the digital realm,\u201d said Bill Warshauer, vice president Sales, Blackhawk Network. \u201cThe logical evolution of this space is rapidly moving towards the FinTech rails as the next-generation of commerce offerings and SKU-level incentive capabilities become available. We see an immediate opportunity to empower our partners with incremental revenue solutions utilizing the platform technology that SKUx has developed, and continue to improve both the in-store and eCommerce consumer shopping journey.\u201d<\/p>\n<p>SKUx is a rising FinTech company utilizing patent-pending, one-time-use digital incentives to drive incremental revenue for retailers, brands, and marketing agencies\u2014known as the Smart Incentive\u2122. Utilizing the company\u2019s Platform as a Service (PaaS), customers can engage any audience form of their choosing and provide a seamless, frictionless, intuitive consumer experience. The company\u2019s platform provides a 360-degree solution set from incentive issuance through redemption; giving clients a real-time view into offer traceability and settlement, while leveraging the latest advancements in FinTech, Blockchain, and Artificial Intelligence for enhanced security and analytics.<\/p>\n<p>SKUx co-founder and executive vice president, Kenneth Douglas, added, \u201cWe are proud to be working with a retail industry leader like Blackhawk Network to provide new opportunities for retailers and brands to increase sales and drive consumer loyalty. Over the past year of collaboration with the Blackhawk Network team, we\u2019ve realized how aligned we are from a technology and culture perspective. Now more than ever, companies are in need of solutions that can be implemented quickly and do not require heavy lifts or extensive integrations. Our partnership with Blackhawk Network further extends our abilities to offer dynamic, plug-and-play solutions to clients that can immediately impact their bottom line. It\u2019s an exciting time.\u201d<\/p>\n<p>Since its formal launch in October of 2018, SKUx has experienced significant industry demand, securing agreements with some of the largest consumer product goods (CPG) manufacturers and retailers, developing a completely new standard of incentive with its patent-pending technology.<\/p>\n<p>\n        <strong>About<\/strong><br \/>\n        <strong> Blackhawk Network<\/strong>\n      <\/p>\n<p>Blackhawk Network delivers branded payment solutions through the prepaid products, technologies and network that connect brands and people. We collaborate with our partners to innovate, translating market trends in branded payments to increase reach, loyalty and revenue. Serving more than 28 countries, we reliably execute security-minded solutions worldwide. Join us as we shape the future of global branded payments.<br \/>For more information visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WynMQ2m3tqYTvaHXVvKE1ZNmBorRcFdKambnxRRKvwetOUmtSpBid8ltUElmppkAnQFmv0Kx_ESHUJl8EdVartENNjjqdJqZ2ShG7AM9UtU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.blackhawknetwork.com<\/a><\/p>\n<p>\n        <strong>About SKUx<\/strong>\n      <\/p>\n<p>A leading Fintech organization, SKUx utilizes one-time use digital incentives to drive incremental revenue for the world\u2019s leading retailers, brands, and marketing agencies. The company\u2019s patent-pending Smart Incentive\u2122 combines incentive details, serialization, funding, and settlement to increase customer loyalty and create new opportunities for consumer engagement. The result \u2013 new incremental revenue, improved efficiency, and laser sharp transparency for all industry stakeholders.<br \/>For more information visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yjoGZY-7lieu3OekFdPEVV0y__L5MZBAVNKvCtfDeAGEHMD1_ii-Ayq-BQ8jM9nbBIW1Qj0lWPbXVa7pwlgkVQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.skux.io<\/a><\/p>\n<p>Contact: SKUxchange, LLC<br \/>Email: info@skux.io<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDQ4NCMzODUzNDI5IzIxODQxMTM=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/9fe88e51-925b-445c-8868-555c42675d88\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ST. PETERSBURG, Fla., Dec. 18, 2020 (GLOBE NEWSWIRE) &#8212; Blackhawk Network, a branded payments provider, is partnering with rising FinTech company SKUx. This innovative partnership will enable Blackhawk\u2019s global network of more than 280,000 retail distribution points with the next-generation of solutions for seamless distribution, redemption, reconciliation, and settlement of promotional incentives and enhanced loyalty promotions. \u201cAs we look forward towards the future of the traditional offer industry and retailer consumer loyalty programs, we recognize the overwhelming demand for increased transparency, traceability, and proof of ROI, specifically in the digital realm,\u201d said Bill Warshauer, vice president Sales, Blackhawk Network. \u201cThe logical evolution of this space is rapidly moving towards the FinTech rails as the next-generation of commerce offerings and SKU-level &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Blackhawk Network Partners with Rising FinTech Company SKUx to Power the Future of Retail Promotional Incentives&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402613","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Blackhawk Network Partners with Rising FinTech Company SKUx to Power the Future of Retail Promotional Incentives - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blackhawk Network Partners with Rising FinTech Company SKUx to Power the Future of Retail Promotional Incentives - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ST. PETERSBURG, Fla., Dec. 18, 2020 (GLOBE NEWSWIRE) &#8212; Blackhawk Network, a branded payments provider, is partnering with rising FinTech company SKUx. This innovative partnership will enable Blackhawk\u2019s global network of more than 280,000 retail distribution points with the next-generation of solutions for seamless distribution, redemption, reconciliation, and settlement of promotional incentives and enhanced loyalty promotions. \u201cAs we look forward towards the future of the traditional offer industry and retailer consumer loyalty programs, we recognize the overwhelming demand for increased transparency, traceability, and proof of ROI, specifically in the digital realm,\u201d said Bill Warshauer, vice president Sales, Blackhawk Network. \u201cThe logical evolution of this space is rapidly moving towards the FinTech rails as the next-generation of commerce offerings and SKU-level &hellip; Continue reading &quot;Blackhawk Network Partners with Rising FinTech Company SKUx to Power the Future of Retail Promotional Incentives&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-18T12:03:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDQ4NCMzODUzNDI5IzIxODQxMTM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Blackhawk Network Partners with Rising FinTech Company SKUx to Power the Future of Retail Promotional Incentives\",\"datePublished\":\"2020-12-18T12:03:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\\\/\"},\"wordCount\":561,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNDQ4NCMzODUzNDI5IzIxODQxMTM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\\\/\",\"name\":\"Blackhawk Network Partners with Rising FinTech Company SKUx to Power the Future of Retail Promotional Incentives - 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PETERSBURG, Fla., Dec. 18, 2020 (GLOBE NEWSWIRE) &#8212; Blackhawk Network, a branded payments provider, is partnering with rising FinTech company SKUx. This innovative partnership will enable Blackhawk\u2019s global network of more than 280,000 retail distribution points with the next-generation of solutions for seamless distribution, redemption, reconciliation, and settlement of promotional incentives and enhanced loyalty promotions. \u201cAs we look forward towards the future of the traditional offer industry and retailer consumer loyalty programs, we recognize the overwhelming demand for increased transparency, traceability, and proof of ROI, specifically in the digital realm,\u201d said Bill Warshauer, vice president Sales, Blackhawk Network. \u201cThe logical evolution of this space is rapidly moving towards the FinTech rails as the next-generation of commerce offerings and SKU-level &hellip; Continue reading \"Blackhawk Network Partners with Rising FinTech Company SKUx to Power the Future of Retail Promotional Incentives\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-18T12:03:13+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDQ4NCMzODUzNDI5IzIxODQxMTM=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Blackhawk Network Partners with Rising FinTech Company SKUx to Power the Future of Retail Promotional Incentives","datePublished":"2020-12-18T12:03:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\/"},"wordCount":561,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNDQ4NCMzODUzNDI5IzIxODQxMTM=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/blackhawk-network-partners-with-rising-fintech-company-skux-to-power-the-future-of-retail-promotional-incentives\/","name":"Blackhawk Network Partners with Rising FinTech Company SKUx to Power the Future of Retail Promotional Incentives - 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