Point of Sale

Paymynt Financial unveils new blockchain-based multicurrency smart card

Boston-based FinTech company Paymynt Financial said to launch MYNT PayCard, a multicurrency hardware wallet.

POS provider Payworks closes $14.5m Series B

Germany-headquartered POS solution developer Payworks has closed a $14.5m Series B funding round.

Klarna global revenue jumped by 31% in the last year

Swedish Klarna became Europe most valuable private FinTech unicorn in 2019 and has kept on growing since.

Colombian PayTech Bold scores Series B

Bold, which helps Colombian businesses accept electronic payments, has collected $55m in its Series B funding round.

Digital payments giant PayPal acquires POS developer iZettle in $2.2bn deal

Digital payment giant PayPal has acquired fellow online payments platform iZettle in a deal worth $2.2bn.

Zilch exits stealth on the back of $10m round and now plans to give...

London-based FinTech Zilch has raised $10m to fund the rollout of its buy now, pay later platform, aiming to compete with companies like Klarna and Afterpay.
MarginEdge

MarginEdge lands $45m in Series C funding

Restaurant management and bill payment platform MarginEdge has scored $45m in a round of Series C funding.

Omise secures more funding just months after ICO close

Thailand-based payments solution service Omise has reportedly scored another investment, just months after $25m ICO.The company has received an undisclosed investment from Thai-bank Krugsri...

Indonesia-based Moka said to raise $24m in Series B

Moka, a mobile-based POS system for SMBs, has reportedly raised $24m in its Series B funding round.

Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay

In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N Pay.

News Stories

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata, a leading provider in AI-driven reconciliation and data management tools, has partnered with Temenos, a banking software developer. 

Corpay boosts market presence with strategic Paymerang acquisition

Corpay, which offers corporate payments, has officially announced its intent to acquire Paymerang, a top provider of accounts payable automation solutions.
Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Bloomberg today unveiled a groundbreaking tool on the Bloomberg Terminal that enables investors to scrutinize portfolios, funds, and indices through sustainability thresholds tailored by the users themselves.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.

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