In today’s top news, analysts lowered Wells Fargo’s rating, and N26 raised $100 million in funding amid the coronavirus pandemic.
In today’s top payments news, six men were convicted in Paris of an impersonation plot, and Wirecard partnered with Klarna to integrate digital payment methods.
In today’s top payments news, the Indian government has taken control of Yes Bank, and JPMorgan CEO Jamie Dimon is recovering from heart surgery.
In today’s top news, Ant Financial has acquired a minority stake in FinTech Klarna, and the coronavirus has crippled the $1.7 trillion global tourism industry.
Today’s top news includes Apple manufacturer Foxconn returning to production, and the Department of Justice charging two Chinese nationals with money laundering.
In top payments news, Alibaba and Ant Financial created a health app for the Chinese government, and AmEx reportedly used high-pressure tactics to boost sales.
Today’s top news: Walmart is working on a new paid subscription program, and Great Hill Partners acquired digital insurance payments solutions vendor One Inc.
In top payments news, U.S. companies in China warned revenue might be off by almost half due to the coronavirus, and Grubhub launched a subscription service.
In today’s top news, the stock market is way down due to the coronavirus, and an ex-Microsoft engineer is convicted of stealing $10 million in digital currency.
In top payments news, Amazon opened its first cashierless grocery store, Revolut raised $500 million and Mastercard said the coronavirus will impact revenue.
Today’s top news: Intuit is reportedly buying Credit Karma, and JPMorgan Chase is looking to open a digital bank in the U.K. by the end of the year.
Today’s top news finds LendingClub buying Radius Bancorp in a "transformative" deal, and Walmart reporting disappointing earnings due to tepid holiday sales.
Today’s top news: Alibaba has made almost $3 billion in loans available for companies hurt by the coronavirus, and Japan’s recent sales tax triggers fears of a recession.
In top payments news, the People’s Bank of China has filed more than 80 patents as it attempts to adopt a digital currency, and Fiserv introduced Scan to Pay.
In today’s top news, Mastercard was approved for bank card clearing in China, and Uber and Postmates lost a bid to stop California’s new gig economy law.
In today’s top news, Chinese tech investments in the U.S. have plummeted in recent years, and ransomware cyberattacks have skyrocketed.
In top payments news, Uber reported positive fourth quarter earnings, International Exchange will not buy eBay and Afterpay pushes back against regulation.
Today’s top news: the U.S. economy could lose $10.3 billion from the Chinese travel ban, and former Bank of France governor Christian Noyer said a centralized eCurrency is still at least a decade away.
In today’s top news, U.S. banks are expected to tighten standards for 2020 business loans, Wordline is buying rival payments firm Ingenico, and more.
Visa reported positive first-quarter earnings with 700 million Visa Direct transactions, and CFPB sued Citizens Bank for violating the Truth in Lending Act.
Facebook reports a 51 percent increase in expenses for 2019 in its Q4 earnings release, while Goldman focuses on expanding its digital consumer bank.v
In today’s top payments news, illegal activity with cryptocurrency is at a record high, U.S. airlines cancel China flights and Starbucks mobile orders are up.
In today’s top news, the U.K.’s FCA is questioning banks about recently spike overdraft fees and Yandex launches 15-minute grocery delivery in Moscow.
Top News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut Wallets In Face Of Coronavirus
In today’s top payments news, The Clearing House is increasing the value limit for its real-time payments network, and Verizon is working with Synchrony.
Today’s top news: More companies are considering applying for one of five digital banking licenses in Malaysia, and Vodafone leaves the Libra Association.
In today’s top news, China’s economy grew by its slowest rate since 1990, Alphabet reached $1 trillion market value, and attempted check fraud spiked 43 percent.
In today’s top payments news, Apple buys AI firm Xnor for $200 million, a NYC panel seeks $500 million for taxi drivers and Google updates for apparel.
In today’s top payments news, Amazon plans to invest $1 billion in small and medium-sized businesses in India, and Wells Fargo reports card spending growth.
In today’s top payments news, China is finalizing its rules for online banks, Mastercard names a new president of data and services and Visa buys Plaid.