Today In Payments

In today’s top payments news, Wells Fargo tries to revamp its approach to technology, and Goldman Sachs launches a mobile app for online bank Marcus.

Today’s news: Grubhub denies claims that it is considering an acquisition, and Netherlands payments firm PayU buys a majority stake in India FinTech PaySense.

Today’s top news: Uber drops upfront pricing in California, and the central bank in China said it accepted an American Express application to start working in the country.

In today’s top news, CitiGroup named David Chubak to head its retail banking division and New York lawmakers proposed a public eBanking system similar to Venmo.

Today’s news: 2019 is on track to be the second-best year after 2011 for startups worth over $500 million, and Toyota unveiled plans for a smart city in Japan.

In today’s top news, China is facing a “capital winter” of venture funding slowdown, and the U.S. is preparing for a potential Iranian cyberattack.

In today’s top payments news, the U.S. Department of Justice is expanding its antitrust probe to include Google’s online shopping comparison tool.

In today’s top news in payments, officials at the Federal Trade Commission are considering blocking Facebook’s app integration.

Mastercard announces the launch of a new instant, digital identification program, and Apple’s Tim Cook defends monopolies.

Policymakers at the ECB will meet to discuss launching their own electronic money. Also, Visa and MFS Africa team to connect Africa’s mobile wallets.