Almost a year to the day after Visa Inc. announced its intent to acquire Plaid, the two organizations announced they’re terminating the proposed transaction. The companies agreed with the DOJ...
The largest bank in the U.S. has purchased the division of Loyalty Group Holdings that designs, administers and fulfills credit card loyalty and customer engagement programs The move suggests JPMS...
The US president signed an executive order yesterday banning US transactions with Chinese apps, including Alipay, owned by Ant Group Co., and WeChat, held by Chinese tech giant Tencent. The...
Consumer, member and employee loyalty and engagement solutions leader Augeo announced its acquisition of Deluxe Rewards today. Deluxe Rewards’ patented, dual-currency technology lets CardLinx member Augeo offer unique, experiential rewards...
CardLinx member Collinson launched a service at London’s Heathrow airport enabling passengers arriving from the US to get a free Covid-19 test. A negative result eliminates the government-imposed 14-day quarantine...
A redesigned Google Pay was launched yesterday. Available in the US on Android and iOS, the updated app expands the payments and commerce ecosystem across a broader range of platforms,...
Visa’s plans to acquire financial technology startup Plaid Inc. were thwarted yesterday when the US Justice Department filed an antitrust lawsuit. The DOJ contends that Plaid, that powers Paypal’s Venmo...
Proposition 24, also known as the California Privacy Rights and Enforcement Act of 2020, passed. The new law protects sensitive consumer financial data, allowing consumers to request personal information not...
The world’s largest initial public offering has been disqualified by Chinese regulatory agencies. Fin-tech giant Ant Financial Group’s controlling shareholder Jack Ma and two other top executives got the news...
CardLinx member FIS today announced the addition of Walgreens to the growing list of merchants and retailers using Premium Payback, FIS’ real-time rewards redemption network. Starting this month, Walgreens’ customers...