POWERED BY DOSH EXTENDS PLATFORM CAPABILITIES, MARKET Austin, Texas-based Dosh is expanding its retail-based, card-linked, cash-back offer platform to financial services businesses. The new offering, Powered By Dosh, enables new partners to capitalize on consumer demand for payment options that provide high-value rewards. Venmo is live, Jelli is expected to launch yet this month, and Dosh is in talks with...

Facing today’s new normal in the wake of Covid-19, companies in the digital commerce industry are re-evaluating, repositioning, and retooling the way they do business. Increasingly, women executives are taking the lead. The CardLinx Association researched women at the forefront of these efforts, and identified those making unprecedented strides. With membership spanning retail, fin-tech, mobile payments, digital advertising, banking and...

A new payments group, Facebook Financial, has been formed by the social media conglomerate. Online shopping is up in the midst of the pandemic and Facebook is positioning the company to capitalize on current and upcoming payments and e-commerce opportunities. The group is led by former PayPal president and Libra cryptocurrency co-creator David Marcus. CardLinx Insight: Facebook has long been...

Facebook Ad Boycott Grows To Include Coca-Cola, Unilever A leading ad agency is asking clients to pull Facebook ads to support a boycott against the company. The move is to protest Facebook’s failure to remove certain hate speech and reluctance to correct US Government statements made using the social media platform. Civil rights groups including the NAACP and the Anti-Defamation...

A leading ad agency is asking clients to pull Facebook ads to support a boycott against the company. The move is to protest Facebook’s failure to remove certain hate speech and reluctance to correct US Government statements made using the social media platform. Civil rights groups including the NAACP and the Anti-Defamation League (ADL) are asking advertisers to pull paid...

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...

Rough Start for Facebook’s Libra Facebook’s Libra has had a difficult start and has faced a cold reception from regulators, banks and payment processors. As predicted by CardLinx in its May 3 Elinx Flash, security and fraud have taken center stage among chief concerns about Facebook’s crypto-currency. Regulators also feel threatened by Facebook’s intention to assume a quasi-governmental role in...

Facebook is planning to launch a new crypto currency for users to buy goods online Facebook is planning to launch a new crypto currency for users to buy goods online. Over the last year it has been recruiting banks, payment companies and merchants to accept and facilitate the new Facebook coin. The new crypto-currency would facilitate private payment transactions on...

Facebook Plans Crypto-Currency Facebook is planning to launch a new crypto currency for users to buy goods online. Over the last year it has been recruiting banks, payment companies and merchants to accept and facilitate the new Facebook coin. The new crypto-currency would facilitate private  payment transactions on Facebook platforms and potentially allow Facebook users to earn crypto-currency as a...

Facebook’s Instagram Goes Amazon Instagram, Facebook’s photo sharing platform, is enabling consumers to tap and buy products right from the app. Checkout, the new shopping feature, circumvents traditional merchants and allows manufacturers of popular brands to sell direct through the Instagram feed without the user even having to leave the Instagram. Consumers enter their payment card details and billing address...

Instagram creates new revenue stream with Checkout Instagram, Facebook’s photo sharing platform, is enabling consumers to tap and buy products right from the app. Checkout, the new shopping feature, circumvents traditional merchants and allows manufacturers of popular brands to sell direct through the Instagram feed without the user even having to leave the Instagram. Consumers enter their payment card details...