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.
The State Bank of Pakistan permits NayaPay to launch pilot
NayaPay has picked up a licence to begin operations in Pakistan from the country's central bank.
Demand for secure payments drive the global smart card market to be worth $75bn...
New research suggests that the value of the global smart card market could grow to reach $75bn by 2026.
Pockit accounts are back in service after FCA lifts Wirecard restrictions
Neobank Pockit was one of the FinTech startups that had to halt its services after the Financial Conduct Authority (FCA) froze all of Wirecard's regulated activities, but now it is back in business.
Tide strikes deal with Mastercard
Business banking platform Tide has inked an agreement to make the startup a principle Mastercard issuer.
Barclaycard launches new service to redefine supply chain payments for businesses
Barclaycard launches new service Barclaycard Payment Intelligence that taps into data to help businesses of all sizes better understand and nurture their supply chains.
LendingUSA picks up $200m to keep expanding its business
Point-of-sale financing provider LendingUSA has closed a new credit facility and received a total financing package of up to $200m from Atalaya Capital Management.
The European Commission proposes new regulation for digital payments and cryptos
The European Commission has adopted a new Digital Finance Package, which aims to improve the competitiveness and innovation of the financial sector.
Silverflow bags €3m round to help prepare for its 2021 launch
Global payments technology developer Silverflow has closed a €3m investment to support its launch in 2021.
Smart home payments expected to be worth $164bn in 2025
The value of payments that occur on smart home devices is expected to exceed $164bn in 2025, rising sharply from the expected $22bn in 2020, according to a report from Juniper Research.