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Alibaba Group affiliate Ant Financial has taken a 25 per cent stake in One97 Communications, the company behind India’s biggest mobile payment platform Paytm.
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Ethiopian banks and microfinance firms are embarking on a country-wide initiative to draw millions of people into the financial system using mobile money services.
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A bizarre new craze in the world’s most connected country is seeing some South Koreans earn hundreds of dollars a night by allowing people to watch them eat, donating money if they like what they see.
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Wirecard is eyeing a summer launch for its Smart Band, a wristband that functions like a digital wallet, which will initially be released in Europe.
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The money transfer market is gearing up for Chinese New Year. Western Union is the latest firm to announce changes to its remittance services, thanks to a new agreement with Bank of China.
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The UK’s Information Commission Office (ICO) has approved an application by First Data to share personal customer data across international borders.
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