Entities that design and administer points-based or rewards-based programs allowing customers to accumulate and redeem credits for products, services, or other benefits, often in partnership with businesses or financial institutions.
Main/
Loyalty Program Operator
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Code
AT0053
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Name
Loyalty Program Operator
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Version
1.0
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Category
Corporate & Commercial Entities
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Created
2025-03-12
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Modified
2025-04-02
Related Techniques
Loyalty program operators, often unwittingly, can facilitate money laundering when:
- Large amounts of points are acquired without adequate transaction monitoring or thresholds.
- Rewards are redeemable for near-cash value, bypassing traditional financial controls.
These gaps make it harder for financial institutions to identify and investigate suspicious fund flows attributed to loyalty programs.