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Plaid, a leading financial data infrastructure company, has reportedly closed a new funding round that values the firm at approximately $8 billion. The exact sum raised has not been publicly disclosed, with the capital said to be structured primarily to provide existing employees a means to convert their equity holdings into cash while the company remains privately held.
Payment systems across the Middle East are handling heavier day‑to‑day volumes. Cards, wallets, instant transfers and government platforms all run across shared infrastructure, and expectations are uncompromising: payments must clear immediately, remain available and meet regulatory standards without interruption.
iDenfy, a global RegTech company specializing in identity verification and fraud prevention solutions, announced the launch of its ROI Calculator tool, a dynamic comparison gadget that’s designed to help businesses understand the financial Know Your Customer (KYC) service cost impact compared to other popular providers in the industry.
Visa today announced it has completed its acquisition of Prisma Medios de Pago S.A.U. and Newpay S.A.U. in Argentina. This transaction strengthens Visa's commitment to advancing payment innovation and modernizing financial infrastructure across the country.
New cyber insurance claims data from leading cyber risk company Resilience reveals a dramatic evolution in the economics of cybercrime. An analysis of claims across Resilience's client portfolio in 2025 showcases a remarkable shift in how threat actors execute prolonged attacks on organizations, while painting an increasingly common picture of the material consequences of cyber incidents, both in their immediate aftermath and in the shockwaves that follow.
Facephi, a global leader in digital identity verification and fraud prevention, announces its entry into Japan through Hancom, its exclusive partner in Asia-Pacific (APAC).
Under an exclusivity agreement signed May 15, 2024, Hancom acquired 7% of Facephi’s capital (€5mm at €2.95/share) and secured a 3-year APAC licensing agreement.











