US government to auction off $1.6m in bitcoin

The US government is preparing to auction off 2,7000 bitcoins with a value of $1.6m.

CloudPay partners with Ramco for multinational payrolls

CloudPay is partnering with Indian enterprise software maker Ramco Systems to bring cloud-based payroll systems to more multinational organisations.

Alipay preparing to enter Europe

Alipay, the online and mobile payments service operated by Alibaba subsidiary Ant Financial, is expanding into Europe.

FEXCO to bring mobile cash withdrawals to the Philippines

Irish financial technology provider FEXCO is partnering with Manila-based Electronic Network Cash Tellers (ENCASH) to bring mobile cash withdrawals to the Philippines.

FinTecSystems swipes Series A round for real-time data

FinTecSystems, a Munich-based provider of real-time financial data, has closed a Series A round.

Holvi teams up with SumUp to serve German SMEs

Finish banking service Holvi is partnering with mobile point-of-sale (mPOS) solution SumUp to serve small businesses in Germany.

Yunnex lands $45m for point-of-sale solutions

Chinese point-of-sale (POS) solutions provider Yunnex has raised $45m in a Series B round of funding.

Finexio nabs $1m to rethink B2B payments

B2B payments network Finexio has raised $1m in seed funding. The round was led by James R. Heistand with participation form New York-based startup lab Loeb.nyc.

Oracle’s MICROS point-of-sale system hacked

Software giant Oracle’s point-of-sale (POS) credit card payment systems MICROS has reportedly been hacked by a Russian organised cybercrime group.

Bitspark brings blockchain-based remittances to Malaysia

Bitspark, a Hong Kong-based remittance service that leverages bitcoin and blockchain technology is partnering with direct marketing and e-commerce firm Vitaxel
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