Uber plans to expand to 100 more Chinese cities over the course of 2016, said the company’s chief executive Travis Kalanick on Tuesday.

The Royal Bank of Scotland will follow in the footsteps of its two Scottish rivals and the Bank of England by switching from paper to polymer banknotes.

The Royal Mail is moving closer towards the digital world by obtaining a stake in Market Engine Global Pty Limited, an Australian e-commerce company that helps businesses improve their online marketplaces.

That is the question causing consternation amongst financial institutions, with some industry experts suggesting they are afraid of disruptive innovation, which could “cannibalise” their business.

Apple Pay will boost awareness of contactless payments so much that the number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, the latest study by Juniper Research claims.

In today’s society, we pay for items using incredibly innovative technology, but this has only been happening in the past few years. Go back in time with this infographic, in which you’ll discover how people paid for goods and services throughout the ages.