Edward Gilligan, president of American Express for the past two years, died after becoming “seriously ill” on a flight back to New York from a business trip on Friday (May 29), the company said in a statement. Source: http://www.pymnts.com

Snapchat is making its way up the valuation ranks as new reports indicate that the social messaging app could soon be worth $16 billion, in light of its new financing. Source: http://www.pymnts.com

A national conversion from magnetic strip-based credit and debit cards to cards embedded with security enhancing computer chips is already underway and could prove a boon to providers, after some upfront costs and hassles. Source: http://www.modernhealthcare.com

It’s been a long time coming, but the pending switch to chip-based credit and debit cards is finally happening. Source: http://www.biztechmagazine.com

Will fraud prevention techniques based on uncertainty principle enhance security in #CardsandPayments? Know more http://t.co/RwA9HINr5Z Source: http://www.infosysblogs.com

Project Vault secure MicroSD card, Project Abacus password replacement and other tech to improve users’ security Source: http://www.cio.com

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Buildings Join the conversation about this story » NOW WATCH: Why Putin is the most powerful man in the world Source: http://www.appsoko.com

PSSC.Kz: Today, ready to take on all questions relating to the search, acquisition, transport equipment and products – Priority Services Supply Company comes … Source: http://www.youtube.com

A council in Kazakhstan has launched an investigation after thousands of marijuana plants appear to have been planted in the capital’s flowerbeds. Source: http://www.independent.co.uk