United

The loudest conversations at Money20/20 in Las Vegas this month were about <a href="https://www.thestreet.com/crypto/innovation/solana-exec-says-big-banks-are-already-preparing-to-settle-in-stablecoins" rel="noopener noreferrer nofollow">stablecoins</a>, <a href="https://www.thestreet.com/economy/should-i-use-bnpl-for-groceries" rel="noopener noreferrer nofollow">buy now pay later</a>, and <a rel="noopener noreferrer nofollow">AI agents</a>. Rory Mitchell wanted to talk about something older: the card swipe.
Mitchell, chief business officer for Cardlytics, sat down with TheStreet <a rel="noopener noreferrer nofollow">Roundtable</a> and said the company’s data doesn’t come from blockchains or other public ledgers.
<blockquote>
 “The data is coming directly from the commerce partner or the bank,” Mitchell said. “We don’t curate anything, we don’t buy anything, we don’t overlay anything.”
</blockquote>
<a href="https://www.thestreet.com/crypto/markets/roundtable-100-analysts-boost-blocks-ranking-ahead-of-q3-earnings" rel="noopener noreferrer nofollow">Related: Roundtable 100 analysts boost Block's ranking ahead of Q3 earnings</a>
<h2 id="one-in-two-card-swipes">One in two card swipes</h2>
Cardlytics sits inside banking apps and, increasingly, other consumer apps, using their transaction data to serve <a href="https://www.thestreet.com/personal-finance/credit-card-owners-arent-getting-the-most-from-loyalty-rewards" rel="noopener noreferrer nofollow">targeted cash-back offers</a>. Advertisers use the data to measure what drives sales, while banks and publishers use it to keep customers engaged.
<blockquote>
 “We see <a href="https://www.barchart.com/press-releases/3381400/cardlytics-to-report-second-quarter-2026-results-on-august-5" rel="noopener noreferrer nofollow">one in every two credit card transactions</a> in the United States and in the U.K.,” Mitchell said.
</blockquote>
Cardlytics is widening that reach. In July it <a href="https://www.fool.com/earnings/call-transcripts/2026/08/12/cardlytics-cdlx-q2-2026-earnings-call-transcript/" rel="noopener noreferrer nofollow">expanded its card-linked offers</a> to Monzo customers in the U.K., where <a href="https://walnutinvest.com/stocks/cdlx" rel="noopener noreferrer nofollow">revenue rose to $14 million</a> in the first half of 2026 from $12.7 million a year earlier. <a href="https://www.businesswire.com/news/home/20260805323513/en/" rel="noopener noreferrer nofollow">Second-quarter revenue of $36.9 million</a> was up about 7.5% from the first quarter, a sign the business is steadying.
<h3 id="more-news">More news:</h3>
<ul>
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 <li><a href="https://www.thestreet.com/crypto/technology/resident-evil-maker-hit-by-hack-affecting-11-7-million-accounts" rel="noopener noreferrer nofollow">Resident Evil maker hit by hack affecting 11.7 million accounts</a></li>
 <li><a href="https://www.thestreet.com/crypto/policy/netanyahus-warns-u-s-military-aid-could-end-eyes-new-plan" rel="noopener noreferrer nofollow">Netanyahu warns U.S military aid could end, eyes new plan</a></li>
</ul>
<h2 id="consumers-want-everyday-offers">Consumers want everyday offers</h2>
Asked <a href="https://www.thestreet.com/investing/synchrony-prepares-for-surprising-shift-in-how-americans-shop" rel="noopener noreferrer nofollow">how Americans are spending</a>, Mitchell pointed to the basics.
<blockquote>
 “We have seen this for a long time, a heavy, heavy index on everything related to everyday spend,” he said. “I think they’re very hungry for richer, deeper, consistent offers.”
</blockquote>
He also said luxury advertisers absent from the category for years are coming back, an observation Cardlytics hasn’t backed with published figures.
Consumers expect “<a href="https://www.thestreet.com/personal-finance/best-moves-for-credit-cards-in-2026" rel="noopener noreferrer nofollow">consistent, always-on offers</a>,” Mitchell said. “We continue to see that those categories will likely excel in the years to come.”
Mitchell’s case is that Cardlytics owns something hard to replicate: first-party transaction data at a massive scale, delivered inside apps people already open every day.&nbsp;

Cardlytics executive says the card swipe still beats new payment rails

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TheStreet Roundtable

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