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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.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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