mobile payments

mobile payments

Banking | Retail banking
Apple Pay allows users to pay for items on their phones

Non-bank financial institutions are disrupting financial services

The role of banks as the primary source of financial services is being gradually eroded; they may soon be butting heads with the likes of Amazon and Facebook
Asia & Australasia | Inward Investment
Alibaba’s digital payments affiliate, Ant Financial, is set to further expand its global presence through a $200m investment South Korean payment app Kakao Pay

Alibaba’s Ant Financial invests $200m in Kakao Pay

China’s leading mobile payments group continues its ambitious international expansion, this time focusing on the flourishing South Korean fintech market

Markets | Technology
Apple Unveils iPhone 6 including Apple Pay

Apple Pay to propel mobile money into the mainstream

Apple’s new mobile payment system is yet another attempt by the tech industry to digitise payments. Jules Gray asks whether the firm has finally cracked it?
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