Messaging app owned by Facebook builds business model on money transfers

Central bank takes steps to ensure Ant Financial and Tencent do not grow too powerful

Ant Financial’s Sesame Credit system for rating individuals struggles to prove itself

Go-Pay leads but new central bank system will bring more competition as transactions surge

Old, disabled and those in rural areas might be unable to access cheapest retailers

Vision Fund’s chief says it is gambling that valuations will soar as mobile use increases

Competition authority searches offices of UBS and Credit Suisse

Country’s banking system is being opened to non-financial groups like telecom operators

Christine Lagarde says state-backed e-money could underpin market

Jack Ma’s payments platform steps up drive to build global brand

New product expected to provide valuable insight into south-east Asian consumers

Indian tech start-up counts SoftBank, Alibaba and Berkshire Hathaway among backers

French bank looks to expand in payments sector that is undergoing rapid consolidation

Fintech group believes cash transactions will be replaced by digital payments

Good causes lose £80m a year as fewer people carry cash, research estimates

Controversy dogs payments company that has a valuation of more than 40 times next year’s expected earnings

Eight-year-old digital money transfer group expects to break even next year

World’s biggest payment card issuer challenges US rivals Visa and Mastercard

Indian mobile payments group confirms Berkshire Hathaway has taken undisclosed stake

Plan to back digital company in latest sign of investor’s move to bet on tech