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BW Offshore chooses IFS Cloud to deliver global efficiencies

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IFS.ai-powered IFS Cloud will reduce risk and boost operational efficiencies, streamlining business processes across project inventory valuation, cost-control, and maintenance.

LONDON, Dec. 17, 2024 /PRNewswire/ — IFS, the leading technology provider of enterprise cloud and Industrial AI software, today announced that BW Offshore, the builder and operator of floating production, storage and offloading (FPSO) units for the offshore energy industry, has chosen IFS Cloud to streamline multiple business processes, deliver increased efficiency, and transform cost-control.

The strategic upgrade is the latest in a 15-year partnership between BW Offshore and IFS, with the company seeking to increase margins and reduce operational risk as part of its sustainable growth goals against a complex backdrop of dynamic energy market conditions. Leveraging increased automation and Industrial AI embedded across processes and approval flows will significantly improve the asset-intensive company’s data quality, reducing previous manually generated errors.

BW Offshore will use the latest energy industry capabilities in IFS Cloud to improve project inventory valuation and transparency, gain greater control over project costs, support client reimbursable processes, and drive-up efficiency in maintenance operations. In finance, IFS Cloud will enable BW Offshore to achieve more efficient processing of supplier invoices through a shift from manual to automated methods. This step-up in capability will also improve group consolidation and cash-planning.  

Substantial gains in asset performance optimization capabilities include analytics that boost the insights available to employees and reduced time-to-report for incidents. User-friendly automation in maintenance support processes is also set to enable multi-company time-reporting, with contractors able to update on the assets and source RFQ processes.

Fritz Ekløff, Head of IT at BW Offshore said: “Our company is always at the forefront of digitalization whenever we see it will deliver substantial business value. After a long and fruitful relationship with IFS, there was little question we would upgrade to IFS Cloud to take advantage of the latest energy industry-specific capabilities. We anticipate that IFS Cloud will deliver value through enabling us to achieve significant increases in efficiency onshore and offshore, while helping us to remain fully agile and competitive in what is a volatile global energy market subject to many pressures.”

BW Offshore will also utilize IFS Customer Success services, an engagement framework that provides access to dedicated expert support throughout the implementation process and beyond.

Ann-Kristin Sander, Managing Director, IFS Nordics said: “BW Offshore recognizes how IFS Cloud will power its growth, keeping the company at the cutting-edge in a very demanding industry. The upgrade means BW Offshore can streamline integrations right across the IT landscape and, once fully implemented, the new capabilities will unlock even greater efficiencies. In future, BW Offshore will also benefit from faster access to the latest IFS.ai innovation as a result of being evergreen on IFS Cloud. We are proud that IFS’s deep industry expertise will continue to help BW Offshore achieve its goals.”

About BW Offshore

BW Offshore engineers innovative floating production solutions. The Company has a fleet of 3 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 1,200 employees and is publicly listed on the Oslo stock exchange.

About IFS

IFS is the world’s leading provider of Industrial AI and enterprise software for hardcore businesses that make, service, and power our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability.

IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers’ specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), Information Technology Service Management (ITSM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™.

IFS was founded in 1983 by five university friends who pitched a tent outside our first customer’s site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 7,000 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector. Visit ifs.com to learn why.

IFS Press Contacts:
EUROPE / MEA / APJ: Adam Gillbe
IFS, Director of Corporate & Executive Communications
Email: press@ifs.com
Phone: +44 7775 114 856

NORTH AMERICA / LATAM: Mairi Morgan
IFS, Director of Corporate & Executive Communications
Email: press@ifs.com
Phone: +44 7918 607 299

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/ifs/r/bw-offshore-chooses-ifs-cloud-to-deliver-global-efficiencies,c4083359

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TacticalPay Launches New GunBroker Payment Gateway for FFLs, Powered by NMI

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TacticalPay now offers FFLs a GunBroker payment gateway built for the firearms industry, that also seamlessly integrates with WordPress, WooCommerce and an extensive catalog of shopping carts and platforms.

HOUSTON, Oct. 30, 2026 /PRNewswire-PRWeb/ — TacticalPay LLC, a payments and point-of-sale provider for the firearms industry, today announced the TacticalPay Gateway, the company’s own payment gateway for FFLs and firearms businesses. Powered by NMI®, a global leader in embedded payments infrastructure, the TacticalPay Gateway is available now to new and existing TacticalPay merchants.

With TacticalPay POS, TacticalPay Tap and now the TacticalPay Gateway, an FFL can run the counter, the phone, the website and their GunBroker store all on one payments platform, with one support line.

Built for the Firearms Industry

Online sales are a growing share of revenue for gun stores, ranges and firearms retailers, but not every payment provider welcomes them. Some gateways and payment platforms restrict firearms sales outright, and others leave FFLs piecing together a gateway, a processor and a shopping cart from different vendors. The TacticalPay Gateway helps bring those pieces together under one name, on a firearm-friendly merchant account. Onboarding and support are handled by TacticalPay’s in-house team, based in Texas.

Powering Online Sales for FFLs

The TacticalPay Gateway powers e-commerce transactions for FFLs and firearms businesses. It can connect to a merchant’s own website, take phone orders through a virtual terminal, and serve as a payment gateway for GunBroker sales. Integrations with Shopify and more than 125 other shopping carts and platforms are available and easy to set up, along with card-on-file storage, electronic invoicing, recurring billing, 3-D Secure and fraud screening.

Powered by NMI

The TacticalPay Gateway runs on the NMI payment platform, which powers more than $700 billion in annual payment volume and more than 6.5 billion transactions a year for over 1.2 million merchants. The NMI platform lets partners deliver a fully branded payment experience to their own customers. For FFLs, that means a gateway with the scale and reliability of one of the industry’s largest platforms, under a name that understands their business.

“Firearms businesses deserve the same payment technology that every other industry takes for granted, and too often they haven’t had it,” said Rich McIver, Co-Founder & CEO of TacticalPay. “With TacticalPay POS, TacticalPay Tap and now the TacticalPay Gateway, an FFL can run the counter, the phone, the website and their GunBroker store all on one payments platform, with one support line.”

The TacticalPay Gateway is included in TacticalPay’s E-commerce plan and is also available with its retail plans. TacticalPay is exhibiting at SHOT Show 2027 in Las Vegas, January 19–22, and will demonstrate the gateway at Booth 42850.

About TacticalPay

TacticalPay LLC is a payments and point-of-sale provider for firearms businesses, in business since 2015. It offers firearms merchant accounts and credit card processing for gun stores, plus TacticalPay POS, TacticalPay Tap and the TacticalPay Gateway. TacticalPay holds a Better Business Bureau A+ rating and is a regular exhibitor at SHOT Show, the firearms industry’s trade show produced by the National Shooting Sports Foundation (NSSF). Visit https://www.tacticalpay.com/ to learn more.

About the NMI payment platform

NMI is powering the next generation of embedded payments with its modular, white-label payments platform and industry-leading gateway. Processing over $700 billion annually, NMI enables SaaS platforms, ISOs, PayFacs and banks to accept, manage, price and move money, turning payments into a strategic advantage, driving growth, loyalty and new revenue streams. More than 6,000 technology partners trust NMI to deliver seamless, scalable payment experiences across online, in-app, in-store, mobile and unattended environments. Learn more at nmi.com.

Media Contact

Andy Hagans, TacticalPay LLC, 1 (888) 281-5830, sales@tacticalpay.com, https://www.tacticalpay.com/

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SOURCE TacticalPay LLC

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Why Singles Over 50 Fear Connecting Online More Than Being Alone

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LOS ANGELES, Oct. 30, 2026 /PRNewswire/ — Building new connections later in life can feel daunting, especially for those who haven’t met someone they’re genuinely interested in for years. After a long time away from meeting new people, some may feel unsure about where to start, whether meaningful connections are still possible, or how to navigate concerns about online safety and the risk of scams.

For DateMyAge, a platform designed for mature singles, understanding these emotional and practical barriers to building relationships online is key to helping people connect with greater confidence. To explore these challenges, DateMyAge surveyed adults over 50 about their experiences, concerns, and attitudes toward forming new connections online.

Key Findings

57% can’t say they’ve met someone new they were genuinely interested in within the past decade.33% have wanted to try building connections online but stopped themselves from signing up.52% don’t know whether their children would approve of them building connections online.15% believe their children would think they are too old to pursue online connections.8% worry their children would see it as disrespectful to their other parent.11% haven’t asked their children or someone younger to set up a profile but would welcome their help.72% say being scammed online scares them more than spending the rest of their lives alone.47% cite fear of being scammed as their biggest barrier to signing up.32% identify privacy concerns as their biggest obstacle to building connections online.

Many Haven’t Met Someone New In Years

More than a third of respondents say it has been over 10 years since they last met someone new they were genuinely interested in, while a further 21% say they honestly can’t remember the last time it happened.

The findings show that many older adults have gone years without experiencing a meaningful romantic connection.

While interest in companionship remains, the path back into meeting new people can feel unfamiliar after long periods away from the relationship world.

Family Support Could Help Singles Over 50 Take The First Step

For singles over 50 who are unsure how to begin building relationships online, adult children could be an important source of support. Yet many aren’t sure how their families would react: 52% don’t know whether their children would approve, while 25% believe their children would be happy for them. Just 15% expect their children to think they’re too old to build relationships online.

Some would welcome practical help, too. While 4% have already asked their children or someone younger to set up a profile for them, another 11% would love that assistance.

The holidays, when families come together, could offer an opportunity to bridge that gap. Helping a parent create a profile, explaining how a platform works, or simply encouraging them to meet new people could make the process feel more approachable. For some, the first step towards a new connection may begin with a conversation at home.

Fear Of Scams Is Bigger Than Fear Of Being Alone

The survey’s most striking finding is that 72% of respondents say being scammed online scares them more than spending the rest of their life alone.

While loneliness is often assumed to be the biggest concern facing singles later in life, the findings point to trust and safety as even greater priorities.

For many older adults, the fear isn’t finding someone online — it’s not knowing whether that person is who they claim to be.

Privacy Concerns Continue To Hold People Back

Nearly one-third of respondents say privacy concerns are the biggest thing stopping them from signing up to meet people online.

Many older adults have spent decades building their personal and financial security. Sharing personal information online can feel like a significant risk, particularly when meeting strangers through digital platforms.

“There are many people who may still have the desire for socialization even in their advanced age, but because of worries about fraud, the prospect of making this first move becomes a challenge. What’s important here is to treat the process of forming relationships online with the same prudence and time investment as any other new relationship.”

— Jaime Bronstein, LCSW, Relationship Expert at DateMyAge

Conclusion

For singles over 50, building new relationships can mean overcoming several hurdles, from concerns about scams to uncertainty about family reactions and the challenge of getting started after years away from meeting new people.

With the right support and a little encouragement, taking that first step can feel more achievable. Sometimes, a new connection begins with something as simple as creating a profile, asking for help, or giving yourself permission to meet someone new.

Methodology

DateMyAge surveyed 1,000 adults over 50 to explore attitudes and behaviors surrounding online relationships, trust, and connection later in life.

pr@sdgroup.ai

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The Biological Computing Co. Launches World’s First Publicly Available Neuron-Derived AI Video Model

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TBC mischief 1 generates video 5x faster than its base model and is the lowest-priced image-to-video model on two leading AI marketplaces

SAN FRANCISCO, Oct. 30, 2026 /PRNewswire/ — The Biological Computing Co. (TBC), an applied biological computing company that uses living neurons to improve AI models, today launched TBC mischief 1, an AI video model that generates video 5x faster than its base model. Available on fal and OpenRouter, mischief 1 is the lowest-priced image-to-video model on both marketplaces, enabling video creators and developers to experiment with more ideas, faster and for less.

The launch marks a major step in bringing discoveries from living neurons into commercial AI. mischief 1 is faster and cheaper because of efficiencies TBC discovered in living neurons and applied directly to the model. Just five weeks after announcing its collaboration with Amazon Web Services (AWS) to bring the model to enterprise customers, TBC is extending access to creators and developers through fal and OpenRouter.

Built for how creators actually work

At half a cent per second, a five-second clip costs 2.5 cents, and 100 clips cost $2.50. Creators can test more ideas, compare takes and refine their work within the same budget. For developers, lower generation costs make it easier to build video into products that people can afford to use repeatedly.

Wonder Studios, an AI-native creative studio, tested mischief 1 in its own production workflow.

“Great storytelling comes from refining an idea until it’s right, and that’s usually the crunch point for time and budget. mischief 1’s speed and cost-effectiveness meant we could push the work much further within the same time and more cost effectively,” said Justin Hackney, co-founder of Wonder Studios. “That kind of efficiency gives creatives more time for the craft and lets them stay in the flow of an idea. As this approach reaches more advanced models, it could reshape how films and commercials are made, with faster, more efficient generation that finally keeps pace with imagination.”

A new source of AI efficiency

Built on Wan 2.2, a widely used open-weight video model, mischief 1 matches its quality while generating video 5x faster and at a fraction of the cost.

“We said we would take discoveries from living neurons all the way to a product anyone can use, and we did it faster than anyone expected,” said Alex Ksendzovsky, CEO and co-founder of TBC. “Behind this model is a discovery platform that keeps learning. Every experiment adds to our understanding of how neurons compute and gives us new opportunities to improve AI. Video is our first commercial application. We’re already working to bring those discoveries to language and physical AI, with the goal of building more capable models without simply adding more compute.”

TBC’s discovery platform grows living neurons in the lab, measures how they process information and identifies computational principles that can improve AI. Those discoveries become proprietary software that makes existing models more efficient. The neurons stay in the lab. Customers use software that runs on standard AI hardware and adds less than 0.1% to the base model’s parameter count.

TBC is already applying its discovery process to newer open-weight video models, with early results showing greater efficiency gains. Additional applications in language models and physical AI are in development.

“Our first model shows what happens when we learn from biology instead of relying on conventional inference optimization alone,” said Jon Pomeraniec, co-founder and COO of TBC. “mischief 1 is our first commercial proof point. The larger opportunity is to apply these discoveries across models and workloads. We’re building a platform that can change the economics of AI at scale.”

Most efficiency gains in AI today come from a shared set of industry techniques, such as quantization, distillation and caching. TBC’s optimizations come from a different source: direct measurements of living neurons. They are derived from biology, not just inspired by it, which makes them hard to replicate.

Availability

TBC mischief 1 is live on fal at https://fal.ai/models/TBC/mischief-1/image-to-video and OpenRouter at https://openrouter.ai/tbc/mischief-1 starting October 30 to mark Mischief Night. Learn more at tbc.co.

About The Biological Computing Co. (TBC)

The Biological Computing Co (TBC) is an applied biological computing company that uses living neurons to improve AI models. TBC makes intelligence radically more efficient by learning from biology. Discoveries in living neurons improve AI models that run on the silicon customers already use. Customers get better AI without changing their infrastructure. Headquartered in San Francisco, TBC is a fast-growing team of neuroscientists, biologists, AI researchers and engineers redefining how the world computes.

Media Contact:

tbc@hoffman.com

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SOURCE The Biological Computing Co.

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