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Singapore Considers Caning as Deterrent for Scammers Amid Surge in Fraud
Singapore is weighing the possibility of introducing caning as a punishment for scam-related offences in response to a dramatic rise in financial fraud. With residents losing an average of $4,031 each to scams in 2023, the city-state topped the global rankings for scam losses per capita, according to the Financial Times. This surge has ... Read More
Storonsky’s QuantumLight Raises $250M for AI-Driven VC Fund
QuantumLight, the venture capital firm founded by Revolut’s Nik Storonsky, has raised $250 million for its debut fund to back startups across AI, Web3, FinTech, SaaS, and HealthTech. The fund closed at its hard cap and is supported by a global network of high-profile limited partners, including billionaire tech founders and major ... Read More
Worldpay Taps BVNK to Launch Near-Instant Stablecoin Payouts Globally
Worldpay has partnered with BVNK to introduce near-instant stablecoin payouts to its clients across the US and Europe, marking a major advancement in the adoption of blockchain-based financial infrastructure. This strategic collaboration will allow Worldpay’s customers to send payouts in stablecoins to recipients—including ... Read More
ACI Worldwide Launches Unified Payments Hub with ACI Connetic
ACI Worldwide has unveiled ACI Connetic, a next-generation, cloud-native payments hub that unifies account-to-account (A2A) transactions, card payments, and AI-driven fraud prevention on a single platform. The rollout marks a major step in simplifying the payments infrastructure for banks and financial institutions by eliminating ... Read More
SEB Joins Swedish AI Factory Joint Venture with Nvidia and Industry Giants
Swedish banking group SEB has joined a powerful consortium of leading companies—including AstraZeneca, Ericsson, Saab, and Wallenberg Investments—in a joint venture to build Sweden’s largest enterprise AI supercomputer in collaboration with Nvidia. The initiative aims to create a national AI factory that will significantly advance ... Read More
Riyad Bank Joins Mastercard to Launch Cyber Resilience Center in Saudi Arabia
Mastercard has unveiled its first Cyber Resilience Center in the Middle East, situated in Riyadh, Saudi Arabia, marking a significant step forward in regional cybersecurity efforts. Riyad Bank has become the inaugural partner for the center, helping spearhead initiatives focused on training, risk assessments, and the implementation of ... Read More
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How to Build a Payment Gateway Strategy Aligned with Your Business Lifecycle
Aligning your payment gateway strategy with your business lifecycle ensures scalability, efficiency, and customer satisfaction at every growth stage ... Read More
Scaling to Enterprise: How Gateways Support Tiered Customer Models
Payment gateways enable dynamic pricing, subscription management, and global scalability, empowering businesses to implement tiered customer models effectively ... Read More
Payment Gateway Data as a Source of Truth for CFO Dashboards
Payment gateway data transforms CFO dashboards by providing real-time insights into cash flow, revenue, and customer behavior, empowering smarter financial decisions ... Read More
How Gateways Power Real-Time Invoicing and AR Automation
Payment gateways enable real-time invoicing and AR automation, accelerating cash flow, reducing errors, and improving customer experiences ... Read More
Best Practices for Integrating Payment Gateways into ERP Workflows
Integrating payment gateways into ERP workflows streamlines operations, enhances security, and provides real-time insights for smarter decision-making ... Read More
How Credit Card Processing Works: A Global Guide
Introduction In today’s global economy, credit cards are a cornerstone of digital commerce. With over 22 billion card transactions happening daily worldwide, understanding how credit card processing works isn’t just a technical detail—it’s a business imperative. Whether you’re a startup selling digital goods or a global ... Read More