Google scans content of your Gmail messagesIrish ExaminerTens of thousand of Gmail account holders in Ireland may be using the email service without realising the company routinely scans the content of their messages. Source: http://www.irishexaminer.com

SmartMetric Biometric Fingerprint Activated Payment Card Validated in Survey …CNNMoneyThis was the most popular, followed by iris scanners (33%), facial recognition (30%), electrocardiogram heartbeat monitors (29%) and voice verification (27%). Source: money.cnn.com

President Obama announces new trade with Africa and extensive reform that will result in new jobs for Americans. Source: http://www.youtube.com

German Internet-focused VC and incubator Rocket Internet has sold a 10% stake to Philippines-based telco PLDT for EUR333 million in a deal that will also see the two firms team on building online and mobile payments services in emerging markets.…

Credit cards abound, but debit cards pre… ABA Banking Journal Of the 776 million general purpose cards in force (issued, activated, and not expired) nationally in 2012, 334 million were credit cards, 283 million were debit cards, and 159 million……

Groupon’s share price tumbled more than 15 percent late Tuesday (Aug. 5), as investors balked at the Chicago firm’s expensive eCommerce investments. Source: http://www.pymnts.com

PayPal has discovered yet another flaw in its two-factor authentication system. Source: http://www.pymnts.com

Have you heard? Social commerce is going to change the lives of everyone, everywhere. Want to look at pictures of other people’s cats—buy cat care supplies while doing it. Think that girl from the 10th grade looks fat in that…

Eastern Europe is proudly refining its reputation as the world’s top cyberthief place of business, as a group of Russian thieves was accused Tuesday (Aug. 5) of what is possibly the largest high-tech swindle to date. Source: http://www.pymnts.com

The company is testing a dormant menu option that appears to hint that commerce services will be coming soon. … This is the latest in a stream of hints that Twitter is preparing a foray into commerce. Back in June,Re/Code spotted a…