MINNEAPOLIS--(BUSINESS WIRE)--Feb. 23, 2012--
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.
Paybefore 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.
Jingit™ 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. Bancorp
U.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.
Source: U.S. Bank
Teri Charest, U.S. Bank Media Relations, 612-303-0732
Ohlsen, Jingit Vice President Product, 612-819-6030