Thursday, May 16th, 2019

American Express Acquires Resy
Press Release

The financial services company announced that it has signed an agreement to acquire the “digital restaurant reservation booking and management platform.”

The acquisition of Resy looks to provide American Express card members with benefits outside of traditional rewards and points by offering access to other experiences such as dining. Resy has teamed up with approximately 4,000 restaurants across the United States.

Terms of the deal were not disclosed.

Tim Hortons Introduces Plant-Based Breakfast Sandwiches
News Release

The fast-food restaurant chain announced that it’s working with Beyond Meat to test three new plant-based breakfast sandwiches which will be available at “select test market restaurant locations.”

The company stated that if successful, it plans to roll-out the breakfast options nationally across Canada by the end of the summer.

Mastercard Teams up with Lyft
News Release

The financial services company announced that it has partnered with the on-demand transportation provider to launch Lyft Direct Debit, a card that provides drivers with benefits of instant access to earnings, cashback on everyday purchases, and no-fee bank accounts.

The company stated that the program will initially launch in eight US cities including Los Angeles, Houston, and Atlanta.