Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web:

Bad news at Arby's: More than 355,000 credit and debit cards may have been breached because of malware at point of sale terminals at Arby's, reports security writer Brian Krebs. In a statement to USA Today, Arby's said it is investigating its payment system, and has notified law enforcement officials. It's also removed the malware from compromised IT systems that power the payment terminals. The malware allowed attackers to steal data from credit cards at the time of the swipe, Krebs reported. The attack type is similar to the scheme used at Home Depot and Target, which suffered large breaches a few years ago. Those breaches drew more attention to EMV cards, which were still an early concept in the U.S. at the time, though it's unclear if chip card technology would have prevented the type of attack that's believed to be behind the breaches at Arby's, Home Depot, Target and other big box retailers.

Bloomberg News

Samsung Pay debuts in Thailand: As Samsung Pay tries to take advantage of India's changing cash policy to build a new market, it's also making moves elsewhere in the continent. The third-party mobile payment app has formally launched in Thailand, according to Android Community. The site reports there was an early access release to a small group of users, and the app is launching with partners including Siam Commercial Bank, KTC, KCC, KasikornBank, Bangkok Bank, Citi, Visa and Mastercard. Samsung Pay is now available in South Korea, the U.S., Spain, China, Singapore, Australia, Puerto Rico and Brazil, and has made other recent moves such as introducing a Samsung Pay Mini app for non Samsung Android Phones.

What's missing in Montreal: Montreal has been a hotbed of financial and payment innovation, from BMO's aggressive moves into mobile payments to the metro system's use of payment incentives to get people to ride at non-peak hours. But EY reports the city is missing a way to inform consumers and the local technology community about its potential as a global tech center. EY is recommending the city centralize its development community through networking, collaborations with local universities, mentorship programs and opening an innovation hub to bring stakeholders together. It's a strategy that has worked well for other cities around the world, including Toronto, where the MaRS district has attracted both local and international payment and fintech innovators.

Friends in high places: Payment companies have long struggled with how to embed transactions in wearables, which hold huge potential, but also hide pitfalls. There's also some question as to how popular wearable technology will be as some companies that provide the underlying technology struggle to find footing. But there are major signs of life. First, word got out this week that Android is using payments as a way to market its new smartwatches. And on Thursday evening, TechCrunch reported Warren Buffett is putting his firm's money behind wearable technology. Berkshire Hathaway's Richline Group plans to launch a set of wearables later this year, including jewelry and other accessories. The wearables will use Bluetooth to connect to mobile apps. There's not a lot of detail available beyond that, though "connected" jewerly has already shown some promise as a payment device.

From the Web (powered by Wiser)

Cash payments at retail stores near pre-note ban levels
The Economic Times of India • Writankar Mukherjee
Cash payments at hypermarket chain Spencer’s have increased from 11 per cent of overall sales in November to 25 per cent in December, and 37 per cent now.

How Local Businesses Can Benefit From Mobile Apps
Business 2 Community • Jamil Velji
Many small and local businesses are finally realizing that to stay competitive today, you need to venture into the world of mobile apps and marketing. Having a mobile-friendly website is not the only way to stay ahead of the competition. There are...

Brits to spend £27 billion using mobile devices in 2017
Mobile News • Manny Pham
Online shoppers will account for 40.1 percent of transactions, 27.9 per cent of it will be from mobile devices British shoppers are predicted to spend £27 billion using mobile devices in 2017, an increase of 26 percent from £21.51 billion.

More from PaymentsSource

In the Internet of Things, is a payments 'hub' better than a product?
ModoPayments is fresh off a string of new customer implementations with COIN, its payment "hub" approach for merchants and banks, and it's already looking ahead to bigger prospects with the emerging Internet of Things (IoT).

Retailers must contend with lingering payment security fears
Online commerce is massive business these days, but precisely for that reason, there remains a portion of the buying public that's both careful about their personal data and cagey about shopping from independent online retailers.

Mobile is becoming a nexus of fraud: Report
Mobile is taking the spotlight as fraudsters shift to account takeovers and e-commerce fraud in the wake of EMV chip cards taking hold at the physical point of sale.

Mastercard to deliver Kenyan gov benefits through prepaid card
Mastercard has partnered with Kenya’s government and several large national banks on the rollout of a chip-and-PIN enabled prepaid card targeting unbanked Kenyan citizens.