20 August 2026

Citi buys Kard Financial for rewards personalization

First reported

TLDR AI ran this on .

  • Citibank acquired Kard Financial, a company that uses AI to predict which rewards offers customers want based on their spending patterns.
  • Kard's technology analyzes transaction data to send personalized offers rather than generic promotions to Citi's 70 million card customers.

How it was covered