Wirecard AG, one of the world’s largest payment processors, is planning a $9.4 billion bid for British processor Worldpay, as it competes with two private equity bidders for ownership of the payments firm.

Taxi services firm Cabcharge Australia is creating a payment app in order to compete with the hugely popular Uber service. The news follows Cabcharge reporting a 16.6 per cent fall in annual statutory net profit – its second consecutive year of decline.

Standard Chartered Bank has collaborated with mobile money service MoMo to launch mobile wallet service Straight2Bank Wallet in Vietnam.

Global Payments has teamed up with Apriva to offer white label, EMV-enabled mobile payment solutions to its US merchant base.

Fintech Sandbox has partnered with Quandl, a financial and economic data platform, giving Sandbox members free and premium access to information from hundreds of publishers.

One in seven Americans have deposited a cheque using a mobile device in the past 12 months, according to a survey from the American Bankers Association (ABA), up from one in eight a year prior.