News

Learn what ACH payment processing is, how it works, key benefits for businesses, and how to get started with secure, ...
Shivansh Chandnani, along with his co-author Ajay Nagrale, explores the pivotal role of idempotency in payment systems in their recent analysis. This concept, rooted in mathematical set theory, ...
Faster Processing, Easy Refund The circular issued by NPCI states, “PSP banks/acquiring banks shall initiate the first check transaction status API 90 seconds after the initiation/authentication ...
The CBN gave this directive in a review of documentation requirements for transactions conducted through the Pan-African Payment & Settlement System (PAPSS) in Nigeria, its spokesperson, Sidi ...
Web applications rely on database systems to store and manage data. Existing major databases use lock-based concurrency control to coordinate transactions. However, lock-based transaction processing ...
SAN FRANCISCO, Jan. 27, 2021 — Today the Transaction Processing Performance Council (TPC) announced that NVIDIA has violated the TPC’s Fair Use Policy. In the paper “State of RAPIDS: Bridging the GPU ...
BUTUAN CITY — Rice farmers in Caraga expect to increase their productivity and get higher income opportunities with the turnover of the region’s first modern Rice Processing System II (RPS II). The ...
Travel and expense management technology provider Emburse has added new AI capabilities across its tools that the company said will make expense and inventory management easier and more accurate.
CBORD’s Online Transaction Processing, a cutting-edge solution designed to securely process and manage financial transactions across various platforms, has undergone a rigorous third-party ...
The new electronic platform is to be implemented not later than December 1, 2024, according to a circular that was signed by the director, financial markets department at the CBN, Omolara Duke, on ...