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Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Worldpay an expensive acquisition; Square lands D.C. taxi contract; Ant pushes "no cash" in China; Big fintech lobby group forms in U.K.; Sony streamlines wearable NFC.

EMV chips can take a company only so far, leading Oberthur to consider Morpho's expertise in biometrics and embedded security methods.

Transaction laundering is gaining steam, and since it uses familiar payment technology, it can be easier to use than virtual currency, writes Ron Teicher of EverCompliant.

Both Vantiv and JPMorgan have a strong merchant acquiring business in the U.S., while Worldpay has a large market in Europe.

Military and intelligence agencies around the world have grappled with data breach challenges for years, and have relied on Secure KM (Keyboard/Mouse) switches to manage the risk.

Curve argues that as the number of cards in its app increases, the chances of choosing a wrong card for a payment become greater.

Net interest margins are on the rise and banks have the green light to return more capital to shareholders, but commercial lending and consumer credit quality remain trouble spots.

Federal Reserve Chair Janet Yellen was hospitalized over the weekend in London for treatment of a urinary tract infection but has been discharged.

It might seem unusual for an Old National Bancorp to lure away a regional executive from the much larger Fifth Third, but not in wealth management, where competitiveness can be as much about emphasis as size.

The Trump administration's Justice Department was expected to be less aggressive in its pursuit of False Claims Act cases against the mortgage industry. Instead, its focus has shifted to Federal Housing Administration-insured reverse mortgages.