AUSTRALIAN ASSOCIATED PRESS
  • TRUSTED
  • ACCURATE
  • IMPARTIAL
DONATE SUBSCRIBE

Rachel Stocks joins Ascenda’s Board of Directors amidst expected growth

PRNewswire October 12, 2023

NEW YORK, Oct. 12, 2023 /PRNewswire/ — Ascenda, the leader in premium loyalty and rewards infrastructure, has welcomed Rachel Stocks, former American Express EVP, Global Premium Products, to its Board of Directors. 

As Ascenda accelerates into its next phase of growth, Stocks brings deep domain expertise in loyalty along with visionary leadership from her 25-year career with a rewards powerhouse in the financial sector.

“In today’s dynamic financial landscape, the role of rewards in driving growth for financial services is greater than ever. Ascenda has been at the forefront of enabling financial institutions and merchants to win with premium rewards propositions that are loved by customers. I look forward to being a part of the Ascenda journey over the coming years as the company scales its world-class infrastructure, building deeper customer connections,” Stocks commented on her new position.

With an established global presence in 35 countries, powering loyalty propositions for a diverse range of banks and fintechs, Ascenda’s aspirations fully align with Stocks’ proven track record in crafting winning products that facilitate commerce between customers and merchants. As it expands its ecosystem, the company will be guided by one of the world’s leading experts in premium rewards & benefits.

“Rachel’s unparalleled experience at the intersection of financial services and merchant commerce will be of tremendous benefit to Ascenda as we help our clients & partners grow. The caliber of American Express rewards & benefits globally has always been a source of inspiration for us. We’re delighted to welcome Rachel Stocks to the Board of Directors,” said Kyle Armstrong, CEO at Ascenda.

About Ascenda

Ascenda powers innovative premium rewards programs that accelerate the growth of financial services and merchants. The company delivers easy-to-deploy rewards infrastructure to rapidly scale acquisition, engagement, cross-selling, and retention. 

Serving major financial services brands and disruptive fintechs across the globe, Ascenda’s clients include Brex, HSBC, Virgin Money, American Express, and Capital One.

For more information about Ascenda, please visit ascenda.com.

SOURCE Ascenda

Keep updated

Latest Releases

Latest News

AAPR aggregates press releases and media statements from around the world to assist our news partners with identifying and creating timely and relevant news.

All of the press releases published on this website are third-party content and AAP was not involved in the creation of it. Read the full terms.

AAP FactCheck

  • Information you can trust
  • Written by trained, experienced journalists using authoritative sources
  • Accredited by the International Fact-Checking Network (IFCN)

AAP FactCheck provides factual, authoritative information Australians can rely on. Accredited with the Poynter Institute's International Fact-Checking Network and adhering to the highest industry standards, our experienced team works to minimise the impact of misinformation.

AAP Photos

  • Award-winning Australian Photography
  • Editorial or Commercial use
  • Subscriptions or one-off licences

Image buyers from all industries rely on AAP Photos. A digital treasure trove of content depicting Australian life, our fully-searchable database contains millions of images from around the country and around the world.

AAPNews

  • News delivered to your inbox
  • Trusted, reliable and accurate
  • Corporate and individual packages available

AAPNews delivers newswire content direct to the public. Choose from a number of subscription models to not only gain access to high-quality fact-based news on your desktop or mobile device, but also to show your support for Australia's only not-for-profit newswire.

Newsroom

  • The wire – up to the minute news at your fingertips
  • Feeds delivered to your CMS
  • Agenda – AAP’s planning and events tool

Get the news feed your organisation needs, with AAP offering extensive coverage of news, courts, politics, sports, finance and the arts. Take advantage of AAP’s partner content to get the international news that matters to your business, with news feeds delivered via multiple channels including API and FTP.