Coronavirus

Coronaviruses are a group of viruses that cause diseases in mammals, including humans, and birds. In humans, the virus causes respiratory infections which are typically mild but, in rare cases, can be lethal. In cows and pigs they may cause diarrhea, while in chickens it can cause an upper respiratory disease.

(source: en.wikipedia.org)

The Week in Payments: Rewriting Rewards, Buying The Bank And Containing COVID-19
The Week in Payments: Rewriting Rewards, Buying The Bank And Containing COVID-19
February 21, 2020  |  Commentary

That there was a lot of action and motion in the payments and commerce ocean this week is not much of a surprise, as that...

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China’s Lenders Cut Prime Rate To Boost Sick Economy
China’s Lenders Cut Prime Rate To Boost Sick Economy
February 20, 2020  |  International

Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial...

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Today In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of Market Drop Due To Coronavirus
Today In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of...
February 20, 2020  |  News

In today’s top news, the European Commission has plans to pool its data to better compete with Big Tech firms, and Goldman Sachs warns that...

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Goldman Sachs Warns Of Market Drop Due To Outbreak
Goldman Sachs Warns Of Market Drop Due To Outbreak
February 20, 2020  |  International

Despite high levels of U.S. and European stocks, Goldman Sachs warns that the coronavirus’ impact could bring it all toppling down, according to the Financial...

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Debt Protection Costs Lowest Since Pre-Recession
Debt Protection Costs Lowest Since Pre-Recession
February 20, 2020  |  B2B Payments

Those looking to insure against some of the globe’s largest corporate borrowers are in luck: The debt protection cost has dropped to its lowest point...

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In Wake of Coronavirus, China Gov’t Takeovers Are Real Possibilities
In Wake of Coronavirus, China Gov’t Takeovers Are Real Possibilities
February 19, 2020  |  International

Beyond the obvious health impacts of the Coronavirus outbreak itself, where hospitals are filling up and the death toll is mounting, costs of a different...

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Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
February 19, 2020  |  News

In today’s top news, LendingClub buys Radius Bancorp in a “transformative” deal, Walmart reports disappointing quarterly earnings due to tepid holiday sales, and Macy’s is...

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Coronavirus Fear Infects NYC Ridesharing
Coronavirus Fear Infects NYC Ridesharing
February 19, 2020  |  Ridesharing

The emergence of a novel threat — particularly one like the COVID-19 coronavirus that originated in Wuhan, China — has a way of bringing out...

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South Korea Braces For Coronavirus-Caused Recession
South Korea Braces For Coronavirus-Caused Recession
February 19, 2020  |  International

South Korea may be in danger of a recession in the wake of the deadly coronavirus because of its China-dependent economy, President Moon Jae-in warned....

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