Today In Payments

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.