Contactless Payments: German Fintech Firms CCV Group, Intertrust, Riscure, Rubean to Create Hardware-Free Mobile Point of Sale System

April 10, 2020 @ 4:29 pm By Omar Faridi |

A group of Fintech firms are planning to create a hardware-free mobile point-of-sale (mPOS) system. The mobile-based payments system will process contactless payments made from Android devices. Germany-based Fintech companies CCV Group, Intertrust, Riscure, and Rubean have reportedly been working on the PhonePOS concept, in… Read More

Contactless Payments: Software Firm Phos Partners with Mastercard to Launch Transaction Processing System for Android Mobile Devices

March 13, 2020 @ 1:53 pm By Omar Faridi |

Phos, a software development firm, has introduced a pilot program with payments giant Mastercard, which involves the launch of a new mobile-based solution that will allow merchants to process contactless payments. The new payment option is available on all Android smartphones without requiring any additional… Read More

Cryptic Labs Announces New Partnership With Fractal Platform: Now Seeking to Solve Some Blockchain Fundamental Limitations

October 16, 2018 @ 8:44 am By Samantha Hurst |

Cryptic Labs, a research accelerator primarily focused on solving fundamental problems in security and economics to advance the viability and growth of the blockchain, announced on Tuesday it has formed a partnership with Fractal Platform to provide what it believes is rigorous economic modeling and bespoke research… Read More

Flexiti Receives $80 Million Mezzanine Debt Facility From Credit Suisse Asset Management

September 6, 2018 @ 1:00 pm By Samantha Hurst |

Canada-based point-of-sale financing and payment tech provider Flexiti announced on Thursday it has received an $80 million mezzanine debt facility from Credit Suisse Asset Management. This news comes just a few months after Flexiti acquired TD Financing Services’ (TDFS), a Canadian private label credit card portfolio. … Read More

Read more in: Canada, Fintech | Tagged canada, credit suisse asset management, finech, flexiti, investment, point-of-sale, pos

Blockchain Startup Pundi X Announces Plans to Bring Cryptocurrencies to Physical Stores in 2018

January 2, 2018 @ 9:32 am By Samantha Hurst |

Pundi X, a cryptocurrency point-of-sale (“POS”) solutions provider for retail stores, announced on Tuesday it is launching three working products before its public token sales on January 21st. According to the company, these POS devices can help the retail store owners to convert crypto to fiat, crypto… Read More

Read more in: Blockchain & Digital Assets, Fintech | Tagged cryptocurrency, devices, fintech, pos, pundi x

Calgary-Based POS Lender LendingArch Expands into Quebec

June 12, 2017 @ 5:55 am By Erin Hobey |

LendingArch, a Calgary-based online and point-of-sale lending platform, announced its expansion to Quebec. LendingArch has partnered with medical clinics and home improvement contractors in Quebec to offer POS financing options, enabling LendingArch to become a fourth in-store payment method by applying online to finance products… Read More

Read more in: Canada, Fintech, General News | Tagged andré legault, paul hadzoglou, pos, pos lending, quebec

Kreditech Announces Online Point-Of-Sales Financing Launch: Reports Beta Phase Integration with Naspers’ E-Payments Division

June 29, 2016 @ 9:41 am By Samantha Hurst |

On Wednesday, consumer finance technology company Kreditech announced the launch of its new business line, Online Point of Sales (POS) Financing. The first client, PayU Global BV, is a payment services provider and the e-payments division of Naspers Ltd., deploys Kreditech’s B2B2C solution. In the… Read More