Digital & Technology

City Bank in Bangladesh has taken a significant leap by moving its e-commerce acquiring business to the TranzAxis payment gateway from Compass Plus Technologies. This strategic transition, which successfully migrated 3,000 e-commerce merchants in just one day, marks a crucial step in modernizing

As Cyber Monday approaches, retailers worldwide are bracing for the surge of online transactions and the accompanying increase in cyber threats. The State of Ransomware in Retail 2024 report by Sophos revealed an alarming statistic: nearly 80% of retail organizations experienced ransomware attacks

In a significant move to bolster regulatory oversight and curtail regulatory arbitrage, the Bangko Sentral ng Pilipinas (BSP) is scrutinizing lenders operating similarly to digital banks, potentially necessitating them to obtain digital banking licenses. This initiative, led by BSP Director for

In a significant move set to transform Mexico's digital payment landscape, Mexico City-based neobank Albo has announced a strategic partnership with issuer-processor Paymentology. This collaboration encompasses various initiatives aimed at expanding Albo's portfolio of digital payment

The new Iowa Consumer Data Protection Act (IACDPA), signed into law by Iowa Governor Kim Reynolds on March 28, 2023, is poised to introduce significant changes to how businesses handle personal data come January 1, 2025. This legislation represents a strategic move to fortify consumer data privacy,

In a move significant for the financial sector, the European Data Protection Board (EDPB) issued an opinion on October 7, 2024, aimed at guiding data controllers on their reliance on processors and subprocessors under the General Data Protection Regulation (GDPR). The guidance underscores two