A roundup of business news from around the world. Source: http://www.washingtonpost.com

The service is based on virtual payment cards using cloud-based security and host card emulation. Source: http://www.mobilepaymentstoday.com

Finextra: PayPal has agreed to buy Paydiant, a Boston-based startup that helps the likes of Subway, Capital One and retailer joint venture MCX build mobile payments, offers and loyalty into their apps. Source: http://www.finextra.com

mobile payments sector. The company recently announced that it had acquired Softcard, a mobile commerce firm, which could help its struggling Wallet Source: http://www.qrcodepress.com

At the Mobile World Congress event in Barcelona, Google’s senior vice president of Android, Chrome and Google Apps Sundar Pichai announced an upcoming mobile payments framework called Android Pay. Source: http://www.forbes.com

Forget fingerprints, Fujitsu’s concept phone scans your eyes with infrared to grant access to your data. Source: http://www.cnet.com

Fraud Prevention Month is an annual public awareness campaign held in March that works to prevent Canadians from becoming victims of fraud by helping them Source: http://www.competitionbureau.gc.ca

Starting in April 2016, consumers will be able to use any Visa-branded credit card when they make purchases at Costco stores. Source: blogs.wsj.com

The coming EMV migration isn’t something to fear. On the contrary, fraud costs will fall, and consumer transactions will be more secure. That’s something to love! Source: quickbooks.intuit.com

Yep, here’s another card that promises to consolidate all your credit cards into one. But unlike the others, the Stratos Card appears to be worth a longer.. Source: techcrunch.com