Day

August 14, 2017

China targets mobile payments oligopoly with clearing mandate

China’s central bank has ordered online payment groups to operate through a centralized clearing house, a move likely to undercut the dominance of Ant Financial and Tencent by forcing them to share valuable transaction data with competitors.   China is the world leader in mobile payments, with transaction volumes rising…

Lonely Planet announces Trips, a mobile app for travelers

Travel media company Lonely Planet has introduced a new mobile app called Trips by Lonely Planet. The app provides modern travelers with a simple and intuitive way to share their travel experiences by uploading content directly from their camera roll, and create stories to describe their adventures.   On the app, travelers can ‘Like’ trips, find…