Today In Payments

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.