SoftBank’s Yahoo Japan confirmed it is in talks to merge with Line. This $27 billion union will bring together two of Japan’s largest QR code payment apps. Line operates one of Japan’s most popular messaging app, Line Taxi, Line Pay and among many other services. Yahoo Japan is a household name in Japan with their online advertising business, finance services...

According to news reports,CardLinx member MasterCard has followed Paypal, Ebay and Visa in terminating their involvement in Facebook’s Libra Cryptocurrency alliance. The moves are a surprise but not totally unexpected. Since its announcement, Libra had encountered strong resistance from national regulators as well banks, payment processors and consumer advocacy groups. CardLinx Insight As The CardLinx Association predicted in its news...

According to a report by Reuters, a new US federal privacy law is unlikely to make it through Congress in 2019. Earlier this year most industry participants expected a new federal law to be complete by year end. Law makers have been unable to forge a consensus on key issues including whether federal laws should pre-empt existing state laws such...