Explore how Base I, the first real-time credit card authorization system, revolutionized transactions and paved the way for modern electronic payments.

The Central Bank of Nigeria (CBN) has directed banks and non-bank acquirers to implement multi-factor authentication for foreign-issued card transactions exceeding $200 per day, $500 per week, and $1, ...

Large global transaction banks could start offloading some of their back-office operations in a bid to cut costs and sharpen their competitive advantage, according to the chief operating officer of ...

We live in an age of rapid change, where businesses that fail to innovate risk being left behind. For banks, many of which still rely on legacy banking systems, the challenge is even greater. The ...

Discover how batch credit card processing can save costs with grouped transactions. Learn how it works, key benefits, and considerations for your business.

As digital payments become more mainstream and process faster, the risk of fraud and errors also increases. There is a potential solution that's been in development for years, though compliance still ...

Yin and yang, life and death, Clark Kent and Superman. Some concepts are so intertwined that it’s impossible to imagine one without the other. Transaction processing (TP) and relational databases ...

New Delhi: Fresh on the heels of mega unified payments interface (UPI) outage earlier this month that left millions of users stranded, the National Payments Corporation of India (NPCI) has issued a ...

CBN mandates system upgrades, authentication thresholds and transparency measures to improve foreign card transactions for tourists and diasporans nationwide.

Across the financial sector, there is a clear shift toward modernising the systems that sit at the centre of daily operations ...