How Payment Settlements Work and How Long They Take        

by Cheqly team | | Payment Settlement

In 2025, payment settlement remains one of the pillars of international online trade. Globally, the use of digital payment is expected to rise enormously, with figures projected to reach $140.6 billion and grow at a compound annual growth rate of 22.2% to reach $853.0 billion by 2034, demonstrating the extent and sheer necessity of settlement … Continued

What Is a BIN Attack and How to Prevent It

by Cheqly team | | BIN Attack

Fraud in online payments is rising sharply, with BIN (Bank Identification Number) attacks now estimated to account for up to 80% of all credit card fraud, according to FasterCapital. That means most fraudulent card activity now begins with automated scripts testing BINs to find valid card details. For small businesses and payment platforms, this surge … Continued

Payment Fraud in the US: Key Statistics and What It Means for Businesses

by Cheqly team | | US Payment Fraud Statistics

Payment fraud is a rapidly developing risk that presents US businesses with severe risks, particularly due to the skyrocketing of digital payment channels in 2025. Since the fraudsters keep evolving to take advantage of the latest technologies and exploits, organizations are experiencing increasing financial and reputational losses. Knowing the most recent payment fraud rates, tendencies, … Continued

Payment Reconciliation: What It Is and How It Works

by Cheqly team | | Payment Reconciliation

One of the most essential processes in business finance that is usually hard is payment management. At times, a company may experience cash flow interruptions due to errors, delays, or even mismatched records. Such problems may also lead to the weakening of the company’s relationships with suppliers and customers. This is the moment when payment … Continued

Our Partner Eqvista Launches Next-Gen Real-Time Valuation Software

by Cheqly team | | Eqvista Real-Time Valuation Software

Market conditions shift at lightning speed, and new unicorns emerge overnight. Yet, the venture capital industry remains shackled by a valuation process that belongs in the ‘70s. Due diligence challenges best highlight the immense difficulty in identifying winners in time. While VCs can afford to spend 20 hours or more on due diligence for each … Continued

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