Global Reach Partners scoops up FC Exchange
London-based money transfer service FC Exchange is being acquired by Global Reach Partners (GRP) in an undisclosed deal.
Mozido brings mobile wallet to Taiwanese banking consortium
Taiwan’s banks are taking another step towards creating a cashless society and partnering with mobile payments provider Mozido to adopt its HCE technology.
POS market to nearly triple on skyrocketing mobile demand
The global market for retail point-of-sale (POS) terminals is projected to shoot up to $33.4bn in the next five years as mobile payments are overtaking the sector.
Visa and Barclaycard kit out Team BG with payment wearables
For the Rio Olympics, Visa and Barclaycard are working together to provide all 366 British athletes with wearable payments bands.
Ding enters French mobile top-up market with Transfert Crédit buy
Global mobile top-up group Ding has gobbled up smaller sector player Transfert Crédit getting access to the French market.
Tilt takes on Venmo with peer-to-peer payments
Tilt, a group crowdfunding app, is expanding into peer-to-peer payments to meet user demand.
Holvi teams up with SumUp to serve German SMEs
Finish banking service Holvi is partnering with mobile point-of-sale (mPOS) solution SumUp to serve small businesses in Germany.
Finexio nabs $1m to rethink B2B payments
B2B payments network Finexio has raised $1m in seed funding. The round was led by James R. Heistand with participation form New York-based startup lab Loeb.nyc.
Oracle’s MICROS point-of-sale system hacked
Software giant Oracle’s point-of-sale (POS) credit card payment systems MICROS has reportedly been hacked by a Russian organised cybercrime group.
Bitspark brings blockchain-based remittances to Malaysia
Bitspark, a Hong Kong-based remittance service that leverages bitcoin and blockchain technology is partnering with direct marketing and e-commerce firm Vitaxel