China must start its cross-border payment system soon if it hopes for the yuan to be added to the IMF’s basket of four reserve currencies, feedback from a new industry survey has revealed.

Indian online marketplace Flipkart has decided to move to an app-only format after mobile visits increased ten-fold over 18 months.

With China continuing their self-imposed ban on Google, Android Wear is rendered completely useless. Baidu has come to the rescue and has announced that it is creating a brand new smartwatch.

Despite the promising growth of mobile transactions, plastic credit cards are still by far the mode of choice for consumers in America, according to new statistics.

The UK’s biggest payday lender Wonga will report collapsing revenues and spiraling losses later this week in response to a slew of scandals, along with regulation changes that threaten the very existence of the payday loan industry.