Connect with us

Technology

Reap Launches First Ever Managed Fraud and Risk Service for Card Programs

Published

on

Reap Sentry configures and manages fraud controls for clients’ card programs, eliminating the need for additional monitoring tools or in-house fraud specialists.

HONG KONG, Sept. 21, 2026 /PRNewswire/ — Reap, a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure, today announced the launch of Reap Sentry, a managed card fraud and risk service. Through Sentry, Reap manages a client’s end-to-end transaction risk management – from configuring fraud rules and screening authorisations in real time to investigating alerts, processing chargebacks, and reporting confirmed fraud to Visa. Clients do not need to build or license additional fraud-monitoring tools, or hire a dedicated fraud team.

Payment card fraud losses worldwide totalled USD 33.41 billion in 2024 (The Nilson Report, January 2026), tied to global card volume of USD 51.920 trillion (The Nilson Report, January 2026). Every card in circulation is a live payment instrument, with authorisation decisions made in milliseconds. Fraud must be stopped at the point of authorisation, not afterwards, as the knock-on costs of fraud can often exceed the value of the fraud itself. Meanwhile, evolving attack patterns make fraud management an ongoing operational function.

Built on the technology within Reap’s issuing portfolio, Sentry combines the fraud policy, tooling, and day-to-day operations required to manage transaction risk effectively. Having issued millions of cards over eight years of card issuance, Reap brings to Sentry controls informed by fraud patterns observed across its entire issuing portfolio. These controls are tailored to each client’s business profile, including its cardholder segments, geographic footprint, and stated risk appetite.

Sentry conducts ongoing screening and declines suspected fraud in real time at authorisation; triages and investigates alerts; and continuously updates controls as new threats emerge, including BIN attacks and merchant breaches. The service also processes and represents chargebacks submitted by clients, reports confirmed fraud, and provides program performance reporting on an agreed cadence. Controls are reviewed and refined as each program evolves, without requiring client intervention. Clients can integrate with Sentry through a single Reap API.

Reap protects the authorisation layer it operates and observes, while clients retain responsibility for the cardholder relationship and key first-party fraud entry points, including onboarding, identity verification and account access.

“Most companies launching a card programme have to build a fraud function from day one. Doing so requires specialist tooling, dedicated expertise and several months of preparation before they can safely issue a single card, by which point the threat landscape may already have shifted. That is rarely how a team wants its first months to go.” said Harris Leow, Head of Product, Reap. “Sentry takes on that entire card fraud function: our controls, data and specialists, tailored to each card programme.”

Sentry is available to new Reap card issuing clients and to existing clients at contract renewal, on Reap’s own API.

To find out more about Sentry, visit our website: https://reap.global/products/sentry-fraud-risk-management

About Reap
Reap is a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure. We transform the financial landscape through more efficient money movement by merging traditional finance with digital assets, bridging disparate economies and connecting key financial markets.

Reap was an early leader in Asia to incorporate stablecoins into our solutions. In 2025, Reap processed billions in stablecoin-funded transaction flows. From stablecoin-enabled corporate cards to cross-border payments, we streamline financial operations and empower companies to scale with our integrated business accounts and embedded finance solutions.

Founded and headquartered in Hong Kong, Reap employs 300 people worldwide. More information about Reap can be found at reap.global.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/reap-launches-first-ever-managed-fraud-and-risk-service-for-card-programs-302883396.html

SOURCE Reap

Continue Reading

Technology

Guidepoint Relocates Shanghai Office to Strengthen Regional Presence

Published

on

By

SHANGHAI, Sept. 21, 2026 /PRNewswire/ — Guidepoint, a global pioneer in access to expert insight, today announced the relocation of its Shanghai office to the Bund Center on East Yan’an Road.

Building on more than a decade of sustained growth in China, the relocation positions Guidepoint in the heart of Shanghai’s business district, bringing the firm closer to the clients and partners it serves while providing a modern, collaborative workspace for its growing team.

“Research today has evolved beyond standalone expert calls to more connected, AI-enabled workflows,” said Michael Wang, Guidepoint’s Director and Head of China. “The new Shanghai office brings together capabilities across research, product innovation, compliance, and operations, reinforcing Guidepoint’s commitment to delivering source-backed insight through rigorous standards, transparency, and integrity.”

“Shanghai remains one of the world’s most influential centers for business and finance, connecting decision-makers across industries and markets,” said Chris Bonsi, Head of APAC. “This relocation reinforces our long-term commitment to the region and strengthens our ability to serve clients and attract top talent.”

As demand for expert-led, source-backed insight continues to grow, Guidepoint is focused on expanding its research capabilities by combining expert knowledge, proprietary content, and technology-enabled workflows to help clients move from uncertainty to conviction with greater speed and confidence.

About Guidepoint
Guidepoint provides real-time access to expert insights, combining human expertise with AI-powered research tools to deliver knowledge at scale. Backed by a global network of more than 2M+ subject-matter experts, Guidepoint equips institutional investors, consulting firms, and corporations with the context they need across companies, markets, and trends. Through live, asynchronous, and agentic workflows, Guidepoint embeds expert knowledge directly into decision-making, turning answers into action when timing matters most.

More on Guidepoint

View original content:https://www.prnewswire.com/apac/news-releases/guidepoint-relocates-shanghai-office-to-strengthen-regional-presence-302880268.html

SOURCE Guidepoint

Continue Reading

Technology

Envision Energy Powers Morocco’s First Large-Scale Battery Storage System at OCP’s Benguerir Mining Site

Published

on

By

BENGUERIR, Morocco, Sept. 21, 2026 /PRNewswire/ — Envision Energy, a global leader in green technology, today announced the successful energisation of Morocco’s first large-scale lithium iron phosphate (LFP) battery energy storage system at OCP Green Energy’s Benguerir mining site. The 25 MW / 125 MWh system was supplied and commissioned by Envision Energy under a contract signed in late 2025, and is now undergoing testing before entering commercial operation.

Envision Energy provided the full storage system and led the commissioning work, integrating the BESS with the site’s solar generation, grid conditions and industrial load profile. The system is designed to shift surplus solar power from daytime generation to peak consumption hours, reducing the site’s peak-hour electricity bill by approximately 25%.

With five hours of storage capacity, the BESS functions as an industrial energy management tool rather than a short-duration grid asset. It is supported by USD 20 million from the Clean Technology Fund, managed through the African Development Bank Group, and is designed for a 25-year lifetime with daily charge-discharge cycles. For OCP, the value lies not in battery capacity, but in the system’s ability to reduce peak-hour costs over a 25-year operating life.

“The successful energisation of Morocco’s first large-scale battery storage project demonstrates the reliability, flexibility and cost-effectiveness of integrated renewable-plus-storage solutions in industrial applications,” said John Lee, General Manager of Envision Energy for the Middle East and Africa. “Envision is proud to be part of this landmark project and to contribute green technology to Morocco’s energy transition.”

As highlighted in OCP Group’s official press release announcing the milestone, Omar Kadir, CEO of OCP Green Energy, said: Storage is the natural extension of our energy strategy. It allows us to reconcile the variable output of renewable energy with the continuous needs of our industrial platforms, while strengthening the reliability of our energy supply. Beyond OCP Group’s own needs, this technology paves the way for a more harmonious integration of renewable energy into the national power system. By bringing greater flexibility and resilience to the grid, it will help accelerate the deployment of renewable capacity.”

The project marks a significant milestone for battery storage and industrial decarbonisation in Morocco. It supports the country’s target of achieving 52% of installed electricity capacity from renewable sources by 2030 and serves as a benchmark for industrial decarbonisation across Africa.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/envision-energy-powers-moroccos-first-large-scale-battery-storage-system-at-ocps-benguerir-mining-site-302884224.html

Continue Reading

Technology

MetaOptics Secures up to US$10 Million Investment Facility from White Lion Capital, Its First U.S. Institutional Investor, to Onshore Metalens Technology into the U.S.

Published

on

By

SINGAPORE, Sept. 20, 2026 /PRNewswire/ — MetaOptics Ltd (Catalist: 9MT) (“MetaOptics” or the “Company”, and together with its subsidiaries, the “Group”), a leading-edge semiconductor optics company pioneering metalens technology, today announced that it has secured an investment facility of up to US$10 million from White Lion Capital LLC (“White Lion”), pursuant to a warrant deed entered into with White Lion, under which the Company may, upon exercise of the warrants by the holder at its discretion, raise up to US$10 million through the issuance of up to 40,000,000 new ordinary shares of the Company. White Lion, based in Los Angeles, California, is the first institutional investor in the United States (“U.S.”) to participate in and invest in MetaOptics’ growth story, a strong validation of MetaOptics’ technology, solutions and commercialisation roadmap.

The investment comes one year after MetaOptics’ listing on the Catalist board of the Singapore Exchange. It follows a period of strong commercial momentum, with design and evaluation requests from world-class customers and sampling units shipped. White Lion’s participation extends the Company’s investor base beyond Asia into the U.S., its largest end market.

The proceeds of up to US$10 million, upon exercise of the warrants, will accelerate MetaOptics’ expansion in the U.S.. White Lion’s investment will not just support ongoing projects with U.S. customers across consumer devices, co-packaged optics (“CPO”) and optical interconnects, but more importantly, fund the establishment of the Group’s maiden front-end semiconductor fabrication line with 12-inch DUV immersion photolithography equipment in the U.S., for the mass production of metalenses and module. The establishment of the Group’s maiden front-end semiconductor fabrication line will not only onshore key metalens design, manufacturing and testing into the U.S., bringing such capabilities closer to U.S. customers, but also provide a shorter and clearer roadmap to securing purchase orders for the mass production of metalenses and modules.

The U.S. is a key market for metalens adoption, driven by consumer electronics, AR/VR wearables, automotive sensing and the multi-billion dollar CPO industry serving AI data centres. MetaOptics is currently working with several U.S. foundries to integrate its metalenses into their CPO designs. The smallest CPO metalens designed by MetaOptics measures 0.1 mm. The design can be scaled to a 12-inch semiconductor photolithography process on glass substrates, which is key to mass production.

“Securing our first U.S. institutional investor is an important step for MetaOptics,” said Mr Thng Chong Kim, Executive Chairman of MetaOptics. “Many of our most important customers are in the U.S., from consumer device brands to the companies building CPO and optical interconnects for AI data centres. This funding allows us to move faster on their projects and to onshore key metalens technology into the U.S..”

“MetaOptics is one of the few companies in the world that can design, mass-produce and test glass-based metalenses at scale,” said Gabriel Gumbiner, Senior Associate of White Lion. “We are particularly pleased that our first investment in an SGX-listed company is with an organization of MetaOptics’ caliber. The company has a strong management team with a clear vision for its growth, and we are proud to support MetaOptics as it expands its presence in the U.S. market.”

This press release is to be read in conjunction with MetaOptics’ announcement on White Lion’s investment facility of up to US$10 million, pursuant to a warrant deed entered into with White Lion, released via SGXNet on 21 September 2026. The Company will make further announcement(s) as and when appropriate.

About MetaOptics Ltd
MetaOptics Ltd (Catalist: 9MT) is a vertically integrated designer and manufacturer of metalens-based optical components and products, headquartered in Singapore. Founded in 2021, the Company uses semiconductor processes to pioneer glass-based colour metalenses and produce them at scale on both 4-inch and 12-inch platforms. Its portfolio spans metalenses, metalens camera modules, metalens manufacturing equipment and metalens IoT products, which customers integrate into applications including smartphones, contactless 3D biometrics, AR/VR devices, pico projectors, LiDAR and automotive sensing. MetaOptics aims to deliver high-performance optics with the reliability and scalability demanded by today’s most innovative technology brands. Find out more at www.metaoptics.sg.

About White Lion Capital
White Lion Capital LLC is a US-based private investment firm headquartered in Los Angeles, California. The firm provides growth capital to public companies seeking to become leaders in emerging technology sectors.

Forward-Looking Statements
This press release may contain forward-looking statements that involve known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the Company’s growth strategies, its future business development, results of operations and financial condition, its research and development efforts, its ability to attract and retain customers, and its ability to establish and maintain relationships with suppliers and business partners; and assumptions underlying or related to any of the foregoing. All information provided in this press release is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

Singapore (Headquarters)
MetaOptics Technologies Pte Ltd, 81 Ayer Rajah Crescent, #01-45, Singapore 139967
United States
MetaOptics Inc. (USA), 1 Ferry Building, Suite 201, San Francisco, CA 94111

View original content:https://www.prnewswire.com/news-releases/metaoptics-secures-up-to-us10-million-investment-facility-from-white-lion-capital-its-first-us-institutional-investor-to-onshore-metalens-technology-into-the-us-302884152.html

SOURCE MetaOptics Ltd

Continue Reading

Trending