XTM launches Reverse ATMs enabling people to insert money at the kiosk
Toronto-based mobile banking startup XTM has announced it will begin shipments and installations in early October of its new so-called Reverse ATMs to large venues and stadiums across North America.
Volt unveils new end-to-end cash management service
London-based payments company Volt has introduced Volt Connect – a new cash management service aimed at making the open banking payment process more transparent.
KBC is the lastest bank to accept payments through wearable technology
Belgian bank KBC is from now on enabling its customers to use wearable technology to conduct contactless payments.
The digital payments market could balloon to be worth $12.4trn by 2025
Smartphones, digital payment cards and point-of-sale terminals are expected to drive the growth of the value of the global mobile payments market from $3.71trn in 2019 to $12.4trn by 2025.
BP Ventures pumps $11.9m in German in-car payment FinTech Ryd
BP Ventures has invested €10m (nearly $11.9m) in German in-car digital payments provider Ryd. bp’s investment will help ryd strengthen its market-leading position, expand into new international markets and...
UK Chancellor examines case for new Britcoin digital currency
UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential Britcoin or central-bank-backed digital currency.
Mox, Mastercard team to launch new tool to simplify card payment process
Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.
Splitwise reels in $20m to develop its finance and expense sharing app
Providence-based interpersonal finance app for sharing expenses with friends and family Splitwise raised $20m in Series A funding.
Play2Pay picks up $13m in oversubscribed round to expand global gamified payments platform
Florida-based startup Play2Pay raised $13m in a Series A funding round led by Telesoft Partners with participation from Harbor Spring Capital.
Cannabis payment platform Leaf Trade scores $5.5m in a Series A round
Chicago-based cannabis wholesale marketplace and payments platform, Leaf Trade closed a $5.5m Series A funding to ease payments in the sector.
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