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Today In Payments: Google Reports Resurgence In Pandemic Hacking; Tech Cos Make M&A Deals

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In today’s top news, Google reported a resurgence of hacking and phishing attempts in April, and tech companies are making deals at their fastest pace since 2015. Tech Cos Making M&A Deals Amid Pandemic. Plus, Samsung and SoFi have partnered to offer a new mobile money management tool.

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Intuit Buys Credit Karma For $7.1B

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Intuit closed a deal to buy Credit Karma for a price tag of $7.1 Consolidation of this kind has been sweeping the financial technology sector as of late, with Intuit’s deal just the latest example. The deal lays bare the growing need for financial services groups to accumulate data. billion on Monday (Feb.

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Walgreens Adds To Digital 3.0 Momentum

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Two new projects have already been tagged for the initiative. The deal comes as the global pandemic has shut down gyms nationwide, leaving U.S. It recently dropped $200 million on healthcare tech , which The Motley Fool called “a drop in the bucket.”. It will provide Walgreens and Boots (the company’s U.K.

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Google: State-Backed Hackers Behind Coronavirus Phishing Attempts

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Each day, Google experts find more than 18 million new Gmail messages that use the virus as a springboard on which to offer supposed deals when, in reality, they contain malicious hacking attempts. Google’s Threat Analysis Group (TAG) said hackers had been targeting the World Health Organization (WHO), as revealed in early April by Reuters.

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FTC Launches Antitrust Probe Into Apple-Amazon Deal

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The tech giants made a deal last year which would allow Apple to sell its products directly to consumers through an official store on the Amazon site. As a result, the FTC is reportedly now investigating the deal, and has been interviewing resellers affected by it. You just sort of tag on to an existing listing.

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LendingClub and Morgan Stanley, A Tale of Two Bank Deals

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Call it a tale of two bank deals. The stories come with significantly different price tags: $185 million and $13 billion. The LendingClub Deal. More immediately, the deal would give LendingClub a cheaper funding source for its loan business — last year, the company originated more than $12.3 billion worth of loans.

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Walmart+, Amazon Pay, and The Battle For The Digital Consumer Top This Week's News

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New China/US Cold War Fought Over X-Border Deals. Now, the adversary is China , and the weapons of choice are tied to tech, data, deal-making and very large price tags. While most of these companies have been in the tech or financial industry, one stands out — snack maker Utz. Here’s an inside look at how it works.

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