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The information you need to start your day, from PaymentsSource and around the Web:

Apple Pay delayed in India
Apple has halted plans to launch its mobile wallet in India in light of a new data localization rule, The Economic Times reports.

The rule, established by the Reserve Bank of India, requires companies to store all payments data within the country, the article says. This rule would also affect Visa, Mastercard and other payment brands.

Apple and the National Payments Corporation of India have also disagreed on how to handle biometric authentication, the Times says.

Walmart adds a grocery partner
Walmart has made many, many efforts to compete with Amazon's growing presence in grocery sales, and its latest move is a partnership with the delivery logistics company Bringg, according to The Verge.

The partnership coincides with the launch of Walmart's Spark Delivery service, which is designed to extend deliveries through an Uber or Lyft style model, the article says.

Walmart's past grocery initiatives include asking its store employees to drop off grocery deliveries on their way home; and a partnership with Deliv to not only deliver groceries but put them away in the customer's kitchen upon arrival.

FIDO fights bad biometrics
The FIDO Alliance has launched a certification program for biometrics, with the goal of standardizing the way biometric systems are used commercially, TechCrunch reports.

While biometric authentication is considered a major improvement over passwords, the specific implementations of biometrics vary widely, opening the door to vulnerabilities such as using a contact lens to fool iris scanners on Samsung's Galaxy S8, the article says.

FIDO's program is designed to set standards for how biometric technologies resist the spoofing of biometric traits.

BMWs get vocal
The road to in-car commerce is being built by two technologies: self-driving vehicles and internet-connected in-dash computers. BMW's upcoming models are getting one of those building blocks with the addition of an in-dash voice assistant.

BMW's new voice assistant — activated by the phrase "Hey BMW" by default — is focused primarily on in-car controls but is designed to get smarter over time and integrate with other voice assistants such as Amazon's Alexa, The Verge reports.

However, as the article notes, it's not clear whether the voice assistant could receive updates over the air or if it would require visits to a dealership. Some kind of cellular or WiFi connectivity would be necessary if BMW is planning payments applications such as ordering food or purchasing gas.

From the Web
South Africa Payments Start-Up Yoco Raises $16 Million
Reuters | Thu September 6, 2018 - South African fintech start-up Yoco raised $16 million from international and local investors in a private funding round, it said on Thursday. Yoco offers a card reader and app which allow users to turn smartphones into payment terminals and the company, started in 2015, is targeting small businesses that do not currently accept cards.

With a $10 million round, Nigeria’s Paga plans global expansion
TechCrunch | Thu September 6, 2018 - Nigerian digital payments startup Paga is gearing up for an international expansion with $10 million in funding let by the Global Innovation Fund. The company is planning to release its payments product in Ethiopia, Mexico, and the Philippines—CEO Tayo Oviosu told TechCrunch at Disrupt San Francisco.

Alabama-Based Chicken-Finger Chain Reports Data Breach
U.S. News & World Report | Thu September 6, 2018 - Alabama-based chicken-finger chain Foosackly's says the computer systems that processes credit card and debit card payments at their stores was the target of a cyberattack.

More from PaymentsSource
As even small merchants sell globally, payments industry faces bigger demands
International e-commerce is booming these days and so too are the opportunities—and challenges—for payments players.

Is Ripple 'the devil'? CEO defends its legality as the company grows
Ripple's role in streamlining international transactions and the popularity of its XRP tokens has boosted the company's value, but has also drawn critics who claim Ripple is illegally gaming the market.

VCs sour to ICOs as the SEC takes notice
Initial coin offerings have become controversial enough for the SEC to weigh in. And even though the commission has not announced a clear stance, technology investors are noticing a difference in its actions.

Small business processing automation benefits more than small business
By improving STP processes for small business, these players will greatly expand their reach of serviceable suppliers, resulting in higher revenues and better service for the clients they serve, writes Blair Jeffrey, COO of Noventis.

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