Autonomous checkouts platform Standard Cognition acquires DeepMagic
Autonomous checkout service provider Standard Cognition has acquired DeepMagic to support its own platform.
USA Technologies collects $50m in equity financing
USA Technologies, a cashless payments and software company has collected $50m in an equity financing round.
China-based XTransfer collects $15m in its Series B round
XTransfer, a cross-border financial services for China-based foreign trade enterprises, has collected $15m in its Series B round.
Revolut selects Bottomline to help retail customers access the UK’s Faster Payments Scheme
Real-time payments are quickly gaining traction in the UK. To meet the demand, challenger bank Revolut has picked Bottomline Technologies to help it out.
Wirecard and SES-imagotag are joining forces to boost in-store mobile payments
FinTech company Wirecard has teamed up with and SES-imagotag, a digital solutions for physical retail provider, to create a pay-to-tag solution.
Samsung Pay teams up with Finablr to boost international money transfer services
Finablr, the payments platform, and Samsung Electronics America have joined forces to create a new money transfer function on Samsung Pay.
PayPal launches Xoom in South Korea
From now on Xoom customers in North America and 32 European markets can directly send money to South Korean bank accounts.
Udaan raises $585m and hits valuation of up to $2.7bn
Indian business-to-business e-commerce platform Udaan has raised $585m in its latest funding round.
Supercapital has entered administration as regulator warns about scams
UK payment services provider Supercapital has entered administration after ceasing to provide any regulated businesses on September 12.
Recurly closes $19.5m funding round led by F-Prime Capital
The California-based subscription billing platform Recurly has closed a new funding round led by F-Prime Capital, the venture capital firm.
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