Alibaba’s financial services arm is rumoured to be planning an initial public offering in mainland China in the next two years.

Google will launch a new API in May that will power in-store and in-app payments for third-party apps.

Kenya Commercial Bank, which is Kenya’s largest by assets, has slowed its investment in branches to concentrate on mobile banking services.

Virgin America has incorporated Visa Checkout into its online payments protocol, allowing returning customers to make faster purchases.

Hong Kong-based cloud storage company MEGA is stuck without a payment provider after PayPal dropped its services following pressure from the US authorities.