Banks and businesses in Australia have ruled out any possibility of using bitcoin after 13 of its 17 cryptocurrency exchanges were closed down last month.

As the Indian government strives to become more financially inclusive, payment automation firm AccessPay has opened its first sales office in Kolkata to capitalise on the nation’s huge potential for growth.

With a rising number of UK merchants accepting cashless payments, EVO Payments International, one of North America’s largest card acquirers, has partnered with British merchant services firm Handepay.

By 2020, more than $5.6tn of payments will be secured by biometric technology, according to a report by consultancy Goode Intelligence.

E-commerce has really taken off over the past 12 months, allowing consumers to order almost anything to their door via a smartphone. In this infographic discover who the big players are in the mobile payments space and discover why the adoption rate is so high for small business owners.

Credit data agency Experian has been hacked, meaning up to 15 million people may have had their private payment information exposed.