Veea acquires Virtuosys to advance edge computing platform, IoT-enabled devices and smart applications

Veea Inc., a global provider in smart applications, announced the acquisition of the UK-based Virtuosys Ltd., a company delivering Smart network solutions at the network edge.

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PayPal heads mobile wallet rankings as users forecast to pass 2bn next year, says Juniper Research

A new study from Juniper Research has found that nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up by nearly 30% on the 1.6 billion recorded at the end of 2017.

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Apple & Google to bring social payments to the masses, driving mobile P2P users to reach 2.5bn this year

A new study from Juniper Research has found that the global number of registered mobile domestic money transfer users is expected to reach 2.5 billion this year, up from an estimated 1.7 billion in 2016.

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Mobile wallet spend to rise by more than 30% this year, reaching US$1.35trn says Juniper Research

Global spend via mobile wallets is expected to rise by nearly 32% this year to US$1.35 trillion. That is according to a new study from Juniper Research.

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