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Cardlinx Association

Welcome to the News View for "Cardlinx Association".

Here, on these archive pages, you'll find all of the articles on Payments News for Cardlinx Association listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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October 01, 2015

Headline News from PaymentsNews.com - October 1, 2015

Join over 8,500 payments professionals who have attended a Glenbrook Payments Boot Camp!

  • Glenbrook's fall season of payments education kicks off in October with two sessions of our Payments Boot Camp - one in the San Francisco Bay Area on October 13-14 and the other in New York City on October 20-21. Glenbrook's Russ Jones is now leading this important payments education curriculum - he'd love to meet you at one of these sessions. Contact Russ directly if you have any questions.

On the Web

  • First Data to Raise Up to $3.68 Billion in IPO - Wall St. Journal - "Payment-processing giant First Data Corp. on Thursday said it would raise up to $3.68 billion in its upcoming initial public offering, marking the biggest U.S. listing this year."
  • Apple is ramping up hiring to bring Apple Pay to China - Quartz (Ian Kar) - "Quartz has learned that Kelly Sang, an ex-Alibaba general manager who joined Apple in 2012, was promoted to director of Apple Pay in China earlier this year."
  • Chips, Dips and Tips: 5 Potential Problems With New Credit Cards - NBC News - "Some people are experiencing a 20 second wait times with these chips," said Avivah Litan, vice president and analyst at Gartner Research. "We're a more rushed society than anyone else. So me, I'm going to be a little mad when I have to wait longer at checkout. You have to wait until the very end to get your card."
  • The problem with America’s new credit card technology - MarketWatch - "While other countries combine the smart chip-equipped cards with a personal identification number, akin to the way we access bank accounts using debit cards and PINs, U.S. banks are issuing chip cards without the code functionality."
  • Bank Bets Americans Can Remember Another PIN - Wall St. Journal - "First Niagara Financial Group Inc. said on Wednesday that it is rolling out new chip-enabled credit and debit cards that require customers to enter a personal identification number instead of a signature."
  • Adyen Adds New Funding From Iconiq, Values Dutch Payment Group At $2.3B - "This latest injection comes from a single investor, Iconiq Capital, which is perhaps best known for investing in a range of tech companies on behalf of clients like Mark Zuckerberg, Sheryl Sandberg and Jack Dorsey."
  • Twitter Makes ‘Buy’ Button Widely Available - New York Times - "A store that is a customer of Demandware, Bigcommerce, or Shopify can use the software to tweet out a link to a product that will show up with a buy button."
  • Blockchains and Banks - Medium (David Galbraith) - "These replace banking infrastructure providers with software that doesn’t need to be run by a separate entity (e.g. SWIFT), and lower internal costs but still keep the requirement for trusted entities (banks themselves)."
  • SEB: Blockchain Could Make Banks 'Radically More Efficient' - CoinDesk - "Skandinaviska Enskilda Banken (SEB), a Stockholm-based financial services firm with 1.7tn SEK ($202bn) in assets under management, announced yesterday that it was among 13 major banks that had joined the top-secret work underway at R3CEV."
  • SoftBank leads $1 billion investment in U.S. fintech startup SoFi - Reuters - "SoftBank Group Corp said it had led a $1 billion investment in U.S. financial technology startup SoFi, calling it the largest single financing round in the fintech space to date."

On the Wires

  • First Data Announces Launch of its Initial Public Offering - "First Data (“First Data”) today announced the launch of its initial public offering of 160,000,000 shares of its Class A common stock. The initial public offering price is expected to be between $18.00 and $20.00 per share."
  • American Express Cards® Now Accepted at Sam’s Club - " In conjunction with the launch of Card acceptance, American Express is providing a special offer to eligible Card Members for use at Sam’s Club locations from October 1-31. Card Members can receive a one-time $25 statement credit after they use an enrolled, eligible American Express Card to spend $45 or more on a new Sam’s Club membership in-store."
  • Moneris expands portfolio of EMV®-capable solutions to United States - “Our proven track record gives merchants the peace of mind of knowing that they are working with a trusted and reliable EMV processor,” said Chris Lee, president, North American strategic partnerships and emerging markets. “We manage every aspect of the EMV migration and integration process, from design and testing, to certification and implementation, making the switch to EMV a seamless transition for merchants.”
  • CardLinx Launches Online System to Connect Merchants, Card-Linked Companies and Digital Publishers - "The CardLinx Association today announced the availability of a new online system enabling merchants and their card-linked technology partners to share their card-linked offers with digital advertising publishers. Card-linking enables consumers to link their existing credit or debit cards to digital coupons, loyalty programs or mobile wallets."

Glenbrook's 2015 Payments Education

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

February 12, 2015

Headline News from PaymentsNews.com - February 12, 2015

On the Web:

On the Wires:

  • American Express and CostCo U.S. Partnership Agreements Set to End March 31, 2016 - '...we were unable to reach terms that would have made economic sense for our Company and shareholders. Instead, we will focus on opportunities in other parts of our business where we see significant potential for growth and attractive returns over the moderate to long term.”
  • Bill.com Raises $50M to Fuel Growth and Innovation in Digital Payments for Businesses - "Silicon Valley Bank joined existing investors DCM Ventures, Scale Venture Partners, August Capital, Napier Park Global Capital, American Express Ventures and Commerce Ventures, bringing the total amount raised by the company to date to over $100 million."
  • Visa Launches Mobile Location Service to Improve Card Payment Experience When Traveling - “Wherever you are in the world, we want Visa transactions to be the most secure, convenient and seamless payment choice,” said Mark Nelsen, senior vice president of risk products and business intelligence, Visa Inc. “By matching the location of the cardholder through a cell phone or other mobile device, to the location of the purchase, Visa’s new service will enable banks to feel more confident about authorizing a transaction that might otherwise have been declined due to suspicion of fraud.”
  • Bitcoin Foundation and Leading Bitcoin Companies Engage theAudience to Launch Public Education Campaign on Bitcoin - “As the ecosystem matures, Bitcoin companies are stepping up to the plate. We’re excited to join a coordinated and concentrated effort to teach Bitcoin to the world’s almost 3 billion internet users -- two-thirds of which are from the developing world,” said Brock Pierce of Bitcoin Foundation.
  • SWIFT Institute announces research agenda for 2015 - "SWIFT is uniquely placed to bridge the gap between academic thinking and the financial services industry, leveraging topics of mutual interest," said Peter Ware, Director, SWIFT Institute at SWIFT. "Since the launch of the Institute, we have made great progress in achieving this goal and will continue to do so with new research in 2015 focused on topics of global importance. Our aim is to help the global financial community better understand and manage the obstacles it is facing through new research and greater dialogue at events."
  • CardLinx Publishes New Standards Enabling Interoperability and Broader Use of Card-Linking - Silvio Tavares, President and CEO of The CardLinx Association, said, “This first set of voluntary standards for the card-linked industry is an important step forward in delivering scale and improving ease of use for merchants and consumers.”

Glenbrook's 2015 Payments Education Schedule Now Available!

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

January 27, 2014

Headline News from PaymentsNews.com - January 27, 2014

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

October 07, 2013

The Cardlinx Association Announces Founding Members

The CardLinx Association, a "new interoperability organization to enhance the consumer experience with local commerce and card linked offers," has announced its founding members - including Microsoft, Bank of America, Discover, Deem, Facebook, First Data Corp., Linkable Networks Inc., LivingSocial, MasterCard, Affinity Solutions Inc., CardSpring Inc. and Cardlytics.
“The CardLinx Association brings together thought leaders across a variety of important linked industries, allowing us to define a set of standards and services that will make it easier for consumers to shop and for merchants to sell their goods and services,” said Silvio Tavares, founding CEO of The CardLinx Association.
The Association says that its members "serve or represent over 6 million merchants, have issued over 1.9 billion payment cards, and serve consumers with over 200 million card enabled accounts and over 700 million active daily users."
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