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:

Have Alipay, will travel: China's Alipay has entered a partnership with VTB Group, one of Russia's largest merchant acquirers, to make Alipay available at more than 120,000 points of sale in Russia. Like most Alipay partnerships outside of its home base of China, the deal is more focused on Chinese travelers than locals. Alipay estimates the partnership will serve about 1 million Chinese travelers per year. A pilot will start later this month, with full rollout in the fourth quarter with a focus on core cities such as Moscow and St. Petersburg. Alipay, which has about 520 million active users, is the world's largest digital wallet. It first launched in Russia in April 2017, though this new collaboration will quickly scale the service, said Bogdan Zadorozhny, Alipay's business developer director in Russia, in an Aug. 4 press release. Alipay in the past two weeks has also partnered with Payworks to add size in Europe and with a local bank in Malaysia.

Alipay signage
Bloomberg News

Cardless ATMs reach UAE: Cardless ATMs are starting to gain hold in a number of markets, and are seen as a way to promote broader adoption of mobile payments. Diebold Nixdorf has spread cardless ATMs to the United Arab Emirates through a collaboration with Rakbank, one of the UAE's largest financial institutions. The bank is supporting the deployment of more than 250 Diebold Nixdorf ATMs that accept ATM transactions through Samsung Pay. Consumers register for a Samsung Pay account, and then use the contactless technology by tapping their devices near the NFC reader on the ATM. The consumer then enters his or her PIN and completes the transaction as if it were a traditional plastic card transaction. Rakbank contends it is the first bank in the Middle East to launch Samsung Pay on ATMs.

Self-service advances in Africa: Diebold Nixdorf's rival NCR is also expanding in an emerging market by adding 200 self-service ATMs for the Commercial Bank of Ethiopia. The machines combine NCR self-service technology with NCR APTRA Vision, a multi-vendor ATM management system that provides a view of the bank's entire self-service network in real time. APTRA Vision is designed to expedite deployment decisions and improve self-service availability by determining which ATMs require maintenance or cash replenishment, allowing the bank to dispatch staff as needed. It also combines data from assisted and self-service devices to inform deployment decisions.

Ideas for fraud fight: The European Banking Authority is seeking public consultation on its reporting guidelines for data on fraud under the new Payment Services Directive (PSD2). The guidelines are designed to address the security of retail payments, and the consultation will be open until Nov. 3, 2017. The EBA contends data on payment fraud is hard to gather and is not easily comparable or standardized across Europe. As a result, a full picture of payment fraud and its impact is elusive. The actual definition of a "fraudulent payment transaction" is not standard across all European markets, according to the EBA. The guidance is expected to include methodology for gathering data, reporting and deadlines. The technology will likely be left to local authorities.

From the Web

Grandpa Had a Pension. This Generation Has Cryptocurrency.
The New York Times | Thu Aug 3, 2017 - Most readers have probably heard of Bitcoin, the digital coin that dominates the cryptocurrency market. It has gained notice both because of its skyrocketing value (from less than a cent in early 2010 to around $2,600 currently) and because it is frequently a key player in hacking- and black-market-related stories, from the looting of nearly half a billion dollars in coins from the Mt. Gox exchange in 2014 to the recent demand for payment in Bitcoin in the WannaCry ransomware attack.

Savings app Qapital now offers a checking account and debit card
TechCrunch | Thu Aug 3, 2017 - Savings app Qapital wants people to make more conscious decisions around their money. While to date that meant helping its users build up savings, now Qapital will help manage their day-to-day spending through a new checking account and debit card. Qapital was founded about four-and-a-half years ago in Sweden and originally launched as a competitor to Mint in the personal finance management (PFM) category. The company came to the U.S. in 2014 and soon after began focusing exclusively on this market.

Paysafe Backs $3.9 Billion Offer From Blackstone/CVC Group
The New York Times | Fri Aug 4, 2017 - Payments processing company Paysafe Group has backed a 3 billion pound ($3.9 billion) takeover offer from a consortium of funds managed by Blackstone and CVC Capital Partners [CVC.UL], the latest in a string of deals in the sector. Payments companies have become sought-after targets as more shoppers switch from cash to paying for purchases by smartphones or other mobile devices. U.S. group Vantiv is in talks to buy Britain's Worldpay for 7.7 billion pounds.

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