Today In Payments

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.