News

International
IndiaQR Now Live As Government Pushes Forward With Cashless Society Efforts
February 21, 2017

IndiaQR, a government-backed QR code payment service, is now available in India as of Monday (Feb. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Security & Fraud
ATO Scam Email Warning Hits Australia
February 21, 2017

Cloud web and email security provider MailGuard shared details of a large-scale malicious email scam impacting Australians. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

B2B Payments
For B2B And Supply Chains, Faith And Credit On Invoices
February 21, 2017

With a new product that extends credit with the backing of a firm’s “book of invoices” rather than on a piecemeal basis, MarketInvoice is targeting late payments that bedevil smaller firms, even as banks are reluctant to extend funds that would enhance working capital, says...

Merchant Innovation
Visa’s Latest Tech Innovation Center In London Is Open For Business
February 21, 2017

Visa’s newest and largest innovation center in London is now officially open for business in its European headquarters in Paddington Basin. The new space is designed to allow Visa to better work seamlessly with financial institutions, merchants and its various other partners to develop new...

Security & Fraud
IDscan Gets Patent In US For Tech To Verify Faces On Documents
February 21, 2017

IDscan, the unit of GBG, has been granted a U.S. patent for Visage, which is a way of verifying the facial component of a passport or ID card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Snapchat Starts Selling Spectacles Online As Novelty Wears Off
February 21, 2017

Snapchat is aiming to expand the market for its Spectacles sunglasses, offering them via Spectacles.com, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
Ant Financial Jumps Into S. Korea With $200M Investment In Kakao Pay
February 21, 2017

Alibaba affiliate Ant Financial has made its latest aggressive international push this week — with a $200 million investment into a fintech project belonging to Kakao, the $5 billion firm that runs Korea’s dominant messaging service. Get the Full Story Complete the form to unlock...

Point of Sale
Global Contactless POS Terminal Market Set To Grow At CAGR Of Close To 26 Percent
February 21, 2017

The global contactless point-of-sale terminals market is expected to grow at a CAGR of nearly 26 percent between 2017 and 2021, according to a new report from research firm Technavio. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Monzo Closes In On Series C Funding From US-Based Thrive Capital
February 21, 2017

Monzo, one of the U.K.’s digital-only banks, is getting closer to securing new Series C funding, with U.S.-based Thrive Capital reportedly leading the round. An announcement could come as early as this week. Get the Full Story Complete the form to unlock this article and...