The Company operates through three segments: LoyaltyOne, which provides
coalition and short - term
loyalty programs through the Company's Canadian AIR MILES
Reward Program and BrandLoyalty; Epsilon, which provides end - to - end, integrated marketing solutions, and Card Services, which provides risk management solutions, account origination, funding, transaction processing, customer care, collections and marketing services for the Company's private label and co-brand retail credit card
programs.»
Air Canada's move to build its own
loyalty program could significantly impact
loyalty programs in Canada, particularly
coalition reward programs, like Aeroplan and Air Miles.