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Alipay gets a new code
QR codes have helped
Ant, which operates Alipay, has introduced a new QR code, which is designed to boost payments by Chinese travelers in local stores, reports
Alipay and GCash, the Philippines' largest mobile wallet, will collaborate to promote the new QR code, which will be deployed over the next few weeks to GCash's merchants.
Checking on blockchain
Emirates NBD is among the first banks in the Middle East to go live with a blockchain integration into its checking system, reports
The move is designed to reduce check fraud, and places a QR code on each leaf of new checkbooks. This code registers each check on the bank's blockchain, so that once the check is received and cleared, the bank can validate its authenticity.
Emirates tested the technology in its innovation lab for the past few months, and plans to deploy it across the UAE in the coming year.
Worldpay melds marketing with payments
Vantiv's $11.6 billion deal to acquire
The merged company, now called Worldpay, is adding support for the PAX A920 to its SmartPay line of terminals.
The terminal is designed for line-reducing remote payments, such as pay-at-table and other mobile point of sale use cases, PAX, the terminal manufacturer, said in a Tuesday press release.
Fighting fake IDs
Mastercard has filed a
The patent covers how identity data is stored on a blockchain system, with the card network requiring parties to provide a public key and a geographic location to produce a data file. These files would then be assigned a digital signature to produce an ID value for each entity with a time stamp to track the timing of when each new "block" is added.
Mastercard has been active in filing for blockchain patents, according to
From the Web
Forbes | Mon April 16, 2018 - “Crypto is outperforming almost every other traditional investment at the moment" says Han Chang, CoinFi co-founder "yet it’s still widely misunderstood and can be unpredictable without the right background and knowledge.” And misunderstood it is.
The Straits Times | Tue April 17, 2018 - Customers can enjoy easy and fast access to Apple Pay, OCBC Bank said yesterday. Within minutes of applying for a new Visa credit or debit card, the application can be approved and then customers will be able to transact at merchants that accept Apple Pay.
Krebs On Security | Tue April 17, 2018 - Hours after being alerted by KrebsOnSecurity, Facebook last week deleted almost 120 private discussion groups totaling more than 300,000 members who flagrantly promoted a host of illicit activities on the social media network’s platform.
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