Point of Sale

International payments provider Vitesse has picked Alessa by Tier1 Financial Solutions to help enable secure real-time global payment transactions.

Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.

Apple is working on a service that will let users pay for purchases in instalments in partnership with Goldman Sachs, sending shares of Afterpay and other buy now, pay later (BNPL) companies sharply lower.

Swedish FinTech Klarna acquired HERO, a social shopping platform that provides consumers with advice and shoppable content coming directly from retailers’ physical stores, with the aim to bring the best of in-store experience for its 90 million consumers.

Ascend Wellness Holdings (AWH), a cannabis operator, has selected ARCA, a cash automation solution provider for financial institutions, retail businesses and self-service kiosks, to streamline its back-office cash management in its retail stores.

Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.

Banking and payments software startup Weavr has secured £7m in a seed funding round led by VC firm Headline.

A study by US mobile payments firm Boku gr has found that more than one in two people globally will use a mobile wallet by 2025.

Financial Information Technologies, LLC (Fintech), business solutions provider for the beverage alcohol industry has acquired STX Business Solutions.

Instant invoice payment firm Previse has partnered with e-invoicing business Pagero to enable instant, embedded finance to be delivered on the latter’s open business network.