This E-Linx issue highlights industry news about calls for the break up of Facebook, Fiserv's acquisition of First Data, Google's EU fine, Visa and Mastercard's denied entry into China, and [...]
According to a report by Bloomberg News, Walmart has recently withdrawn from Google’s Shopping Actions, an e-commerce service, as well as Google Express, a delivery service.
Google was fined $57 million by the French data protection authority, known as CNIL, for violating the EU consumer data privacy regulation known as General Data Protection Regulation (GDPR) that [...]
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 [...]
US-based Visa and Mastercard face additional headwinds in entering the Chinese market. According to FT, China's central bank known as the People’s Bank of China declined to acknowledge Visa and [...]