Point of Sale

Mastercard, Edenred launch biometric card pilot in Mexico

Mastercard has formed a partnership with payment solutions and card issuing company Edenred to launch a test pilot of biometric cards in Mexico.

Mox bolsters banking offering with new BNPL service

Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.

American Express said to acquire payments company Cake

American Express has reportedly acquired UK-based restaurant payments company Cake Technologies in a deal worth around $13.3m.The deal was completed last October and due...

Payments platform Banked reportedly secures $2.35m in seed round

Banked, which support real-time payments, has reportedly secured $2.35m in a seed funding round led by Force Over Mass.

Danish Android POS service provider Vibrant bags €4m in seed funding

Denmark-based Vibrant, which turns Android mobile devices into point-of-sale terminals, has bagged €4m in its seed round.

Divido takes $3.3m for instalment payments

Divido, a point-of-sale financer, has raised £2.5m ($3.3m) in round of seed funding. The capital comes from Mangrove Capital Partners and DN Capital.

Galileo partners with Sutton Bank for open loop prepaid cards

US-based Galileo, a payments processor and program manager, has formed a partnership with Sutton Bank.

The UK could up contactless payment limit to £100 post Brexit

The UK could be increasing the contactless payments limit from £45 to £100, as one of its first moves away from the European Union.

Credit card platform Deserve nets $12m round led by Accel

Generation Z credit card provider Deserve has closed a $12m funding round led by Accel.

AI-powered shopping cart Caper closes $10m Series A

Caper, an AI-powered shopping cart which aims to foster the grab-and-go retail experience, has collected $10m in its Series A.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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