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.
Tilt, a group crowdfunding app, is expanding into peer-to-peer payments to meet user demand.
London-based remittances startup TransferWise is entering the Asian market and launching in Japan. It follows news that the company saw its revenues triple last year but increased it losses.
Payments automation service AvidXchange has raised $3.5m in a new round of equity funding according to an SEC filing. The financing comes from two investors that remain unnamed.
Turkish online payments processor iyzico has raised $13m in a Series C round led by Vostok Emerging Finance. Existing backers IFC and local investor 212 also participated.
South-East Asian Uber-rival Grab is boosting its payments powers with the acquisition of e-commerce and payments service Kudo.
Payment and invoice processor AvidXchange has picked up a $100m growth equity investment from Canadian pension major, Caisse de dépôt et placement du Québec.
Payment solutions provider Ingenico Group has acquired fellow payments service Bambora from Nordic Capital, in a deal worth around €1.5bn.
Tesco is to re-launch its digital wallet app, PayQwiq, to Tesco Pay+ two years after originally launching it. The app is said to enable customers...
Bill.com, a Palo Alto, California-based business payments network, has raised an additional $100m to expand its distribution into banks and accounting firms.