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

Bitfinex takes 36% from all users to compensate for $71m hack

Hong Kong-based bitcoin exchange Bitfinex is opting to split the cost of the $71m theft it suffered last week across all of its users.

PayU set to acquire Citrus Pay for $180m

PayU, a payments provider owned by South African multinational Naspers, is acquiring Indian payments and mobile banking service Citrus Pay.

Barclays rolls out voice-recognition security

Barclays is rolling out voice-recognition security to all its personal banking customers, eliminating the need for passwords and improving protection against fraud.

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