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.
Point of sale developer SumUp will launch a new card for business payments in partnership with Mastercard.
Despite coronavirus fears, the last week saw a number of FinTech companies raise money.
Hubpay, a digital wallet platform for the Middle East market, has closed its seed funding round on an undisclosed amount.
B2B payment and credit network Fundbox has closed an investment from MUFG Innovation Partners, less than a year after closing $326m in debt and equity.
New research suggests that the value of the global smart card market could grow to reach $75bn by 2026.
UK-based FinTech Bud has launched an open banking and PSD2-compliant solution to provide an alternative to card payments and bank transfers.
Payment company Barclaycard is looking to provide a seamless end-to-end payment experience to its customers through its new partnership with FreedomPay.
Buy now, pay later company Splitit is reportedly looking to top up its finances with a new round after Covid-19 changed consumers spending habits.
Buy now, pay later company Afterpay will enter Europe through an an agreement with NBQ Corporate SLU to acquire Pagantis SAU and PMT Technology SLU.