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, devices and payment types. The multinational tech company also announced plans to offer smart banking via FI partnerships. The changes are being made to give consumers more control over their...

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...

Canadian company Mobeewave has been purchased by Apple for $100 million, giving the tech giant’s existing iPhones the ability to function as contactless, mobile pay hubs. Mobeewave is an app that doesn’t require cables or other hardware; the NFP chip that makes it work has been incorporated in iPhones since 2014. CardLinx Insight: This deal puts Apple firmly in the...

Leading global payments provider and shopping service Klarna announced it has grown its customer base significantly since the Covid-19 crisis. In partnership with major apparel, beauty and footwear retailers—including H&M, Sephora, Timberland and The North Face—Klarna offers flexible payment options to consumers, giving them the convenience and purchasing power needed now. CardLinx Insight: CardLinx member Klarna is turning the economic...

New Clean Way to Pay: Mobile Wallets Surge on Covid 19 Fears Requiring no physical contact with merchant point-of-sale terminals, mobile wallets are increasingly viewed as a safer way to pay by consumers around the world. Fears that payment cards, cash and coins may be tainted with the coronavirus, and that touching in-store terminals might make shoppers sick, the use...

Expect the Unexpected in Covid-19’s Wake In the uncertainty that surrounds the coronavirus, Silvio Tavares, CEO of industry trade association Cardlinx, shared perspectives with member executives around the world. Among topics discussed? Travel’s stalled, with hotel occupancy at just 15% and properties slated to close; credit card use is down, impacting the U.S. and other countries where consumer spending accounts...

As part of a global partnership, Ant Financial, the payment affiliate of Chinese e-commerce giant Alibaba, has invested in Klarna. The companies announced that Ant Financial has purchased a <1% ownership in the Swedish financial technology start-up, known for offering shoppers interest-free financing over monthly installments. CardLinx Insight: Ant Financial is an affiliate of Alipay, China’s largest mobile wallet and...

We welcome Interac to The CardLinx Association. Interac is one of Canada’s leading payments brands and is chosen an average of 16 million times daily to pay and exchange money. Interac Corp. has a diverse group of shareholders that includes banks, credit unions, caisses populaires, payment processors and merchants. Interac provides Canadian cardholders with point-of-sale access at roughly 2 million...

CardLinx members including Mastercard, Microsoft and Hilton have all announced negative impacts from the rapidly spreading coronavirus. This week Mastercard revised downward its revenue forecast by 2%- 3%, citing slower cross border transaction growth. Microsoft issued lower revenue guidance due to supply chain disruptions in Asia. Hilton recently temporarily closed 150 hotels in China due the coronavirus. CardLinx Insight: The...

We welcome Fanbank to The CardLinx Association. Fanbank is an online platform that enables small businesses to create and grow commerce transactions with target customers right in their own neighborhood. Fanbank’s next generation commerce software adds personalization to credit and debit card payments. Personalizing increases business profits by 25%. But marketers and business owners are bogged down with high friction...