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Dream Payments Receives $1.5M Investment Award as Winner of VentureClash 2016

By FinSMEs

Dream Payments, a Toronto, Canada-based fintech cloud enabling payments across mobile devices and the Internet of Things, received an investment of $1.5m as the winner of VentureClash 2016. (more…)

Deals, Fintech news, Mobile payments/banking, POS/mPOS and online acquiring, SME

October 27, 2016

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TruRating brings customer ratings to the POS

By Finextra

TruRating, a global new mass-market ratings system offering an alternative model to TripAdvisor and Yelp! by giving customers a voice when they pay, has this week launched in North America. (more…)

Fintech news, POS/mPOS and online acquiring

October 26, 2016

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Alipay targets Chinese tourists with US payment deals

By Business Times

[FRANKFURT] China’s Alipay is expanding its mobile payment app service into the United States through partnerships with payment processors First Data and Verifone, the latest deals in a global strategy to reach Chinese consumers travelling abroad. (more…)

China, eWallets, Fintech news, Mobile payments/banking, p2p-payments, POS/mPOS and online acquiring

October 25, 2016

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PaySimple Pulls in $115 Million

By Julie (Schicktanz) Muhn for Finovate Blog

Service commerce solution PaySimple just closed its second round of funding since it was founded in 2006. The $115 million round amounts to 7X more than the first round the company closed in 2011. PaySimple’s funding now totals $131 million. (more…)

POS/mPOS and online acquiring, SME

October 25, 2016

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Bank of America Merrill Lynch and Modo Announce Strategic Relationship

By LTP

NEW YORK – Bank of America Merrill Lynch, a global leader in transaction services, and ModoPayments, LLC (Modo), an industry leader in digital payments innovation, recently announced a strategic relationship that will give the bank access to Modo’s patented COIN® Operated Digital Payments Hub. Through the hub, Bank of America Merrill Lynch clients will have the ability to connect with multiple emerging payment networks. Furthermore, the new global capabilities can extend the reach of the bank’s existing digital business-to-consumer offering, Digital Disbursements. (more…)

Banks, Fintech news, p2p-payments, POS/mPOS and online acquiring

October 23, 2016

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Payment Wallet Support App Innovation Wins Ingenico UK App Challenge 2016

By LTP

Ingenico Group, a global leader in seamless payment, is pleased to announce the winner of its 2016 Telium TETRA App Challenge. Participants in the challenge were asked to submit HTML5 application ideas to reinvent convenience at the point of sale. (more…)

Cashless, eWallets, Fintech news, POS/mPOS and online acquiring, SME

October 23, 2016

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ING distributes mPOS device to Romanian merchants

By Finextra

Businesses in Romania can now process card payments in an easy, low-cost way, thanks to a new mobile payments device launched by ING recently. (more…)

Fintech news, POS/mPOS and online acquiring

October 22, 2016

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SumUp Launches Air Register

By David Penn

One year after bringing its e-commerce technology to the U.S., SumUp is launching Air Register, giving mPOS software providers an all-in-one hardware solution to offer customers. Air Register enables merchants to accept chip and magnetic stripe cards as well as contactless payments from Apple Pay and Android Pay. (more…)

Fintech news, POS/mPOS and online acquiring

October 22, 2016

PaySimple Receives $115M Growth Investment

By FinSMEs


logo-420x220Providence Strategic Growth (PSG), the growth equity affiliate of Providence Equity Partners, a global private equity firm with $47 billion in assets under management, made the investment. In conjunction with the deal, Mark Hastings, Managing Director and head of Providence Strategic Growth, will join PaySimple’s Board of Directors.
(more…)

Deals, Fintech news, POS/mPOS and online acquiring, SME

October 22, 2016

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Bank of America Partners with Digital Payments Firm

By Bryan Yurcan for American Banker

Bank of America has entered into a strategic partnership with digital payments firm ModoPayments that will give the bank access to Modo’s digital payments hub. (more…)

Banks, Cashless, Mobile payments/banking, POS/mPOS and online acquiring, Remittances

October 21, 2016

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Premier Tax Free taps Wirecard for emerging payments

By Finextra

For merchants, the integration of value added services including those that are ‘tax free’ and alternative payment procedures at the Point of Sale (e.g. Alipay, WeChat) is becoming increasingly important. (more…)

Fintech news, POS/mPOS and online acquiring, Singapore

October 21, 2016

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Uber partners Bankaool and Mastercard for Mexican debit card

By Finextra

Uber, the ride-sharing app that allows users to request a safe, reliable and affordable rides with the tap of a button, in partnership with Bankaool the first Mexican online bank and Mastercard, the technology company leader in the industry of electronic payments, will launch tomorrow, the Uber Bankaool Debit Card. (more…)

Banks, Cashless, Fintech news, Mobile payments/banking, POS/mPOS and online acquiring

October 21, 2016

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Have card will travel: Stagecoach goes contactless

By Finextra

In the first major deployment of contactless technology on bus services outside London, Stagecoach has announced plans to bring tap-and-go payments to all of its regional transport services across the UK by the end of 2018. (more…)

Fintech news, Mobile payments/banking, POS/mPOS and online acquiring

October 21, 2016

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DocuSign partners with major payment providers to offer pay at signing

By  for TechCrunch

DocuSign built a $3 billion valuation by providing a simple way to execute an electronic signature. That has worked well as far as it goes, but in order to separate from the growing pack of competitor companies, it announced today that it’s allowing users to add a payment to be collected digitally at signing. (more…)

Mobile payments/banking, POS/mPOS and online acquiring, Security

October 20, 2016

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Stripe’s new Radar tool gives online merchants advanced fraud detection insights

By  for VentureBeat

On the surface, starting an ecommerce business seems pretty straightforward. However, merchants face a litany of issues to deal with, including fraud. For small businesses, fraud protection can be an expensive service that gives little information to make corrective actions. Stripe has spent years developing and fine-tuning its in-house fraud detection service, and today, it’s making that available to its customers. (more…)

Fintech news, POS/mPOS and online acquiring, Security, SME

October 20, 2016

A customer tries the Siri voice assistant function on an Apple Inc. iPhone 5 at a Telstra Corp. store on George Street in Sydney, Australia, on Friday, Sept. 21, 2012. Apple Inc. is poised for a record iPhone 5 debut and may not be able to keep up with demand as customers line up from Sydney to New York to pick up the latest model of its top-selling product. The device hits stores in eight countries today at 8 a.m. local time, giving customers in Australia the first chance to buy the device. Photographer: Ian Waldie/Bloomberg via Getty Images

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Eckoh brings Apple Pay to voice calls

By Finextra

Eckoh and WorldPay have carried out what they claim is the world’s first Apple Pay payment via a phone voice call. (more…)

Cashless, Fintech news, Mobile payments/banking, POS/mPOS and online acquiring

October 20, 2016

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Ingo Money and MoneyGram Launch New Credit Card Payment Service

By LTP

Ingo Money, a leader in real-time push payments technology, and MoneyGram, a global provider of innovative money transfer and payment services, today announced an agreement to offer consumers a new service to make quick and convenient credit card payments through Ingo Money’s platform at any one of MoneyGram’s estimated 40,000 US retail locations. (more…)

Fintech news, Mobile payments/banking, p2p-payments, POS/mPOS and online acquiring, Remittances

October 20, 2016

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Payolution’s ‘buy now, pay later’ service goes live in UK with online retailer Odlo

By Finextra

Payolution, a specialist in white-label e-commerce payment solutions, today announces the UK launch of its ‘buy now, pay later’ service. (more…)

Fintech news, Mobile payments/banking, POS/mPOS and online acquiring

October 19, 2016

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Asia’s Trillion Dollar Electronic Payments Problem, And How To Figure It Out

By Vinnie Lauria for Forbes

Electronic payment apps like Venmo win customers and make headlines for their ease of use, transparent costs, and widespread adoption, creating the illusion that money is flying through the air without the slightest friction. In truth, the global electronic payment market is far thornier than its products would make it seem. (more…)

Fintech news, Global trends, Hotnews, InspirAsia, Mobile payments/banking, POS/mPOS and online acquiring, Remittances

October 18, 2016

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3 trends to dig into at Money2020

By Paul Thomas for Finextra

The Money20/20 agenda is always packed; the event inspires insightful discussion, debate and collaboration every year. And this year promises to be no exception. I’m especially looking forward to chewing over these three topical trends in Las Vegas: (more…)

About, Banks, Mobile payments/banking, POS/mPOS and online acquiring, Security

October 18, 2016

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Australian banks pull no punches in acrimonious Apple Pay dispute

By Finextra

The simmering dispute between Apple and four of Australia’s leading banks over terms of access to Apple Pay has erupted into a fresh slanging match as the banking collective presses home its campaign to secure collective bargaining rights for NFC access to iPhones. (more…)

Banks, Cashless, Fintech news, Mobile payments/banking, POS/mPOS and online acquiring

October 17, 2016

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Mobile Payments soar as Europeans embrace new ways to pay – Visa

By Finextra

According to Visa’s 2016 Digital Payments Study, the number of consumers regularly using a mobile device – whether a smartphone, tablet or wearable – to make payments has tripled in the past year. (more…)

Cashless, Marketing Report, Mobile payments/banking, POS/mPOS and online acquiring

October 12, 2016

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Square explored selling off its food delivery division, report says

By Fast Company

Earlier this year, point of sale company Square may have explored selling its food delivery business, Caviar, a report from Bloomberg says. The company reportedly entertained offers from Uber, GrubHub, and Yelp, but wanted $100 million for the division. Apparently, Square deemed the offers floated too low.  (more…)

POS/mPOS and online acquiring

October 12, 2016

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Digital currency Dash comes to Shake debit cards

By Finextra

Dash, the superior alternative to Bitcoin, today announced a partnership with debit card innovator Shake that will allow customers to purchase goods and services from millions of merchants across the world. (more…)

Blockchain, Cashless, Cryptocurrencies, POS/mPOS and online acquiring

October 11, 2016

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Top 12 Mass Payments Solutions for International Business Use

By LTP

Since technology has shed the barriers for individuals and businesses to make international transfers, businesses around the world have been unleashed to reach new markets. The same goes for talent – tech-powered accounting solutions and project management tools allow businesses to maintain effective global teams, spread around the world. Moreover, supply chains, international vendors and freelance contractors have never been easier to manage with some of the most talented entrepreneurs developing mass payouts solutions for business use. Let’s look at some interesting examples of mass payments solutions providers: (more…)

eWallets, POS/mPOS and online acquiring, Remittances

October 11, 2016

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New Ways to Pay Require New Ways to Secure

By Lisa Stanton for Finextra

Although only recently introduced, the trend lines for the adoption of mobile wallet technologies like Apple Pay, Google Wallet and Android Pay resemble those of smartphones—hockey-stick growth curves. (more…)

About, Cashless, eWallets, Mobile payments/banking, POS/mPOS and online acquiring, Remittances, Security

October 11, 2016

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Mitek and Backbase team on frictionless onboarding process

By Finextra

Mitek (MITK), a global leader in mobile capture and identity verification software solutions, and Backbase, a leader in omni-channel digital banking solutions, establish a partnership to make Mitek’s OCR and document validation capabilities available through the Backbase Open Banking Marketplace. (more…)

Banks, Fintech news, Mobile payments/banking, POS/mPOS and online acquiring

October 11, 2016

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RS2 Software and Alpha Payments Cloud team up in Thailand

By Finextra

Payments processor RS2 Software plc has announced a partnership with Alpha Payments Cloud, a global leader in providing access to payment, risk and commerce solutions to international banks and merchants. (more…)

Banks, POS/mPOS and online acquiring, Remittances, SME, Thailand

October 10, 2016