Advocacy Groups Call for Facebook’s Break Up Nine advocacy groups have called the Federal Trade Commission to investigate the break up of Facebook in light of its consumer data breaches, especially with Cambridge Analytica. The recommendation includes spinning off Instagram and WhatsApp. The letter urged the FTC to regulate Facebook like a utility given its size, position and influence in...

[image_with_animation image_url=”18779″ animation=”Fade In” hover_animation=”none” alignment=”” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][image_with_animation image_url=”18778″ animation=”Fade In” hover_animation=”none” alignment=”” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”]Today, Fiserv announced the acquisition of CardLinx founding member First Data in an all stock deal worth $22 billion.  The proposed deal is one of the largest acquisitions in the financial technology sector. Fiserv offered 0.303 of its shares for each...

CardLinx member Meniga announced their acquisition of Stockholm-based rewards platform, Wrapp. Wrapp’s 6 bank partners and over 350 brands in Sweden and Finland join Meniga’s 65 million digital banking users across 30 countries to create a formidable competitor in online-to-offline commerce. “Combining Wrapp’s merchant technology and network with Meniga’s advanced segmentation and experience in digital solutions will create a truly compelling offering for...