Almost a year to the day after Visa Inc. announced its intent to acquire Plaid, the two organizations announced they’re terminating the proposed transaction. The companies agreed with the DOJ to [...]
Visa’s plans to acquire financial technology startup Plaid Inc. were thwarted yesterday when the US Justice Department filed an antitrust lawsuit. The DOJ contends that Plaid, that powers [...]
Mastercard announced its intent to acquire financial technology company Finicity to advance its API and financial data strategy. The acquisition is intended to strengthen the payment card giant’s [...]
This e-Linx issue highlights industry news from Figg Uses CLO to Help Consumers Brave Recession, World Enters Phase 2 of Commerce Recovery, Plaid Sued In Class Action Over Data Privacy, [...]
This E-Linx issue highlights industry news from 2020's Silver Bullet for Bank Digital Engagement: Card-Linked Offers, Visa Buying Plaid for $5.3 Bln, Insight Into the Future: Five Predictions for [...]
Japan Foodie is launching TakeMe Pay, a smartphone multi-payment gateway that manages Chinese payments (Alipay, WeChat Pay, CUP, etc.), international payments (Visa, Mastercard, Apple Pay, etc.), [...]
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 [...]
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 [...]
This E-Linx issue recaps the CardLinx West Forum in San Diego, Japan's latest financial regulations and VISA and Mastercard's newest collaboration for a single, online payment button.