Payworks swipes $4.5m for payments processing
Payments processing firm Payworks has raised $4.5m in a Series A round of funding from Rumford and HW Capital. Existing backer Speedinvest also join the round.
Square seeks talent ahead of potential European expansion
US payments processor and card reader Square is inching further into the European market with a series of three job openings highlighting the company’s expansion plans.
US Payments Forum demystifies EMV migration
The US Payments Forum has updated the minimum requirements guide for the deployment of EMV technology for all companies looking to transition.
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.
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.
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.
iZettle buys Scottish POS startup to beef up SME offering
Swedish mobile payments player iZettle is acquiring Scottish point of sale startup (POS) intelligentpos in a move that will expand its software offering to SMEs.
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.
IBM Reportedly planning acquisition of point-of-sale business Revel
IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.
Eleos takes $2.2m for point-of-sale technology
Singapore-based point-of-sale (POS) technology company Eleos has received S$3m ($2.2m) in funding from telco M1’s subsidiary M1 TeliNet.
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