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Payments 'too controlled by big banks'

Big banks should loosen their stranglehold on the system behind the way consumers pay for things to encourage innovation, a regulator says.

"We didn't think we'd be able to afford it," said Bolig, an administrative assistant. "We thought that we would have to wait until we got 20 percent.

Tesco "knowingly delayed paying money to suppliers in order to improve its own financial position", the supermarket ombudsman has found.

EU - A new suite of measures to simplify the EU's Common Agricultural Policy (CAP) were welcomed this week by farming organisation Copa-Cogeca.

How mobile payments are growing strongly in India

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