Dear Subscriber,

In this issue of the PaymentEye e-newsletter we look at how gift card fraud is evolving, why something must be done to curb it, but why widespread blanket regulation may not be the answer.

And in other news, a leak indicates that the new Android Wear 2.0 watch that is set to hit the market soon will have Android Pay capabilities, just one day after Google closed down its Hands Free voice recognition payments project, but promising to continue developing hands free payments tech with better scaling capabilities in the process.

Enjoy!

Stephen Ufford, CEO of Trulioo examines the trends and evolution of gift card fraud and how merchants can aim to prevent the transactions.

Google has changed its hands free payments approach after ditching voice recognition payments tech earlier this week.

PayPal is currently marginally second in alternative payments adoption rate, and Android Pay is set to be the biggest mover in the market.