“Goodlettsville, Tenn.-based Dollar General is the latest food retailer and first dollar-store chain to move into mobile checkout with a new app. DG Go, according to its description on the Google Play store, is a shopping app that lets users scan and pay for products they select directly from their phone, allowing them to skip the checkout line altogether. It’s available for both Android and iOS devices.”

“The checking account, which is in beta, is called SoFi Money. It marks an important step for the company that started out as a digital lender seven years ago, then branched out to wealth management, personal loans and mortgages. SoFi is aiming at digitally native millennials; owning deposit relationships keeps customers within SoFi’s ecosystem and lets it cross sell other products.”

“The suspects arrested during the operation were responsible for more than 20,000 fraudulent transactions with compromised credit cards, with an estimated value exceeding €8 million. The action was coordinated by the European Cybercrime Centre (EC3) from Europol’s headquarters in The Hague. It received the direct assistance from merchants, logistic companies, and banks and payment card schemes. Europol also supported national authorities on-the-spot by providing analytical services in their investigations.”

“PayPal Holdings, Inc. announced today that it has agreed to acquire Hyperwallet, a leading global payout platform, for $400 million in cash, subject to certain adjustments. The acquisition of Hyperwallet enhances PayPal’s payout capabilities, improving the company’s ability to provide an integrated suite of payment solutions to ecommerce platforms and marketplaces around the world. According to Internet Retailer, marketplace sales accounted for more than 50% of global online retail sales in 2017.”

“The popularity of contactless payments among UK consumers is a key driver of debit card growth. In total, across both debit and credit cards, the number of contactless payments increased by 97 per cent during 2017 to 5.6 billion. Almost two thirds (63 per cent) of people in the UK now use contactless payments, and no age group or region falls below 50 per cent usage. An increasing acceptance of card payments by smaller businesses and people becoming ever-more comfortable and familiar with the speed, ease and security of making low-value payments has also made the use of debit cards more popular.”