South African paytech Yoco raises $16m funding
Round led by Partech with participation from Orange Digital Ventures.
POS
Payworks to power new POS tool for Bambora
Duo will launch Bambora Connect – for POS software providers and merchants.
UK payments firm SP Group fights for survival
Jobs will be lost as the company calls in the administrators.
Risk Ident keeps watch for fraud over Universum
Universum’s device fingerprint tech will up its security.
Paytech heavyweights Nets and Concardis to merge
Paytech firms Nets and Concardis will merge but retain their own brands.
ShopKeep launches on Android to broaden hardware options
POS-itive news from US point of sale technology provider.
CardFlight and Paya team for EMV-ready mPOS solutions
Enabling Paya to offer CardFlight’s SwipeSimple payment acceptance solutions to its merchants.
Acorns Australia rebrands as Raiz Invest; Westpac and Assembly Payments team up
Acorns Australia, an app that uses small change to invest, has rebranded as Raiz Invest.
Payworks teams up with fellow paytech in Ghana, Hubtel
Payworks is working with Ghana’s Hubtel to enable merchants in the African nation to accept payments via their Hubtel POS app and EMV credit card reader, reports David Penn at Finovate. The two companies have been collaborating since the beginning of the year, integrating Payworks Pulse payment gateway technology to make Hubtel the first fully […]
Nets, Fingopay and Copenhagen Business School pilot finger vein payments
Pay with the touch of a finger.
Checkout first PSP to accept payments via Saudi Arabia’s domestic network
Mada’s got it made in the Kingdom.
Worldpay, AEVI and PAX team up for smart POS tech
Offering a single software platform for merchants.
Paysafe to purchase iPayment
You can probably guess it’s to do with payments.
BeSmartee integrates with FormFree’s AccountChek asset verification service
Will give lenders clearer picture of borrower’s likelihood to pay back loan.
Francisco Partners to buy Verifone for $3.4bn
If you’re going to Francisco be sure to wear some flowers in your hair.
Wirecard and Crédit Agricole in digital payments duet
Not singing as such, more of a contract signing.
Affirm introduces in-store capabilities; integrates virtual cards with Apple Pay
Affirm InStore, an alternative to traditional credit cards at brick-and-mortar merchants.
Alipay moves into Mexico via Openpay
Openpay has a network of more than 17,500 associated points of sale in the country.
Retail payments platform Pine Labs raises $82m
India’s largest digital retail payments platform Pine Labs raises $82 million in a funding round led by Actis.
Ingenico brings touch of glass to PIN payments
Users can insert cards in compact smartcard reader and enter PIN on personal mobile device of merchant.
Mobeewave to power payments for Samsung
Mobeewave to offer an in-person contactless payment acceptance solution on Samsung devices.
NCR overhauls ATM network at BankDhofar, expands ATM access in India
The breadth of NCR’s work with financial institutions and underbanked populations around the world.
Financeit recapitalisaton gives Goldman Sachs majority stake
Point of sale (POS) financing provider Financeit completed an investment round with existing shareholder Goldman Sachs
Fintech Connect Live 2017: the unleashing of AI and ML
Fintech Connect Live 2017 is a gathering of some of the biggest players in the fintech. With the looming rise of open banking and the cryptocurrency surge, it’s the smaller start-ups and innovators of smart technologies in banking that are making headway with use of artificial intelligence (AI), machine learning (ML).
