• Technavio, a London-based technology-research firm, forecasts the global market for mobile card readers will grow at a 54% compound annual rate between 2017 and 2021.
• InterContinental Hotels Group, parent company of more than 5,000 hotels worldwide including Holiday Inn, says it is investigating claims of a possible credit card data breach at some U.S. locations, KrebsOnSecurity reported.
• Terminal maker PAX Technology won a contract with China UnionPay Merchant Services to supply payment devices to more than 6 million merchants over the course of 2017.