India to Become World’s Second-Largest Internet User Base

NEW DELHI—India will overtake the U.S. to have the second-largest population of Internet users after China by December, an Indian trade group said Tuesday. Fueled by a boom in smartphone ownership, the number of Internet users will rise to 402 million in December from 375 million in October, according to the trade group Internet and […]

New technology will slash foreign currency costs for consumers

Consumers should pay less than 1 percent in fees to exchange currency thanks to changes in financial infrastructure that are gathering pace, says the head of one of Europe’s biggest payment infrastructure providers. That compares to up to 10 percent still being charged by some of the market’s biggest players. Chief Executive John Sharman’s Tuxedo […]