The falling value of crypto-currency Bitcoin has forced cybercriminals to immediately launder the currency instead of waiting for it to appreciate, IBM has revealed.

Powa Technologies have today announced a new partnership with POS Strauss, a move that will give European merchants greater use of tablet based point of sale (POS) technology.

Freelancer.com, the freelance jobs and crowdsourcing marketplace, has announced today that it has agreed to purchase Escrow.com from a private investor for $7.5m.

Alipay, a Chinese third party online payment platform, is rumoured to be buying a 25 per cent stake in Micromax, in a deal that could be worth $5bn.

The Australian taxi booking app and payment service is set to close a A$12m capital raising round by May.

Payment technology provider Adyen are continuing its expansion into the Asia-Pacific market by appointing Warren Hayashi as their new president for the region.