Today In Payments: Default Fears Mount As China’s Banks Encourage Loans; Goldman, Morgan Stanley Predict Economic Devastation
PYMNTS
MARCH 23, 2020
Also, banking FinTech Finastra was hacked. Economists atGoldman Sachs Group and Morgan Stanley are warning that the coronavirus will be more economically devastating than originally forecasted. Banking FinTech Finastra was hit with a security breach on Friday (March 20) and was forced to shutter key systems and send employees home.
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