Ebola – Statement of Dr Alan Gonzalez, deputy director of operations for Medecins Sans Frontieres (MSF)

Source: Medecins Sans Frontieres (MSF)

On the occasion of the high-level visit to Bunia, Ituri Province, Democratic Republic of Congo by the Director-General of the World Health Organization Dr. Tedros Adhanom Ghebreyesus

30 May 2026: “Two weeks after the declaration of the Ebola disease outbreak in Ituri Province, the situation is deeply alarming and a legitimate source of anxiety for communities and frontline health workers alike.

Never before has an Ebola outbreak recorded so many cases so soon after its declaration.  

Like everyone in the affected areas, Médecins Sans Frontières (Doctors Without Borders / MSF) teams are witnessing a response that has not yet caught up to the rapid spread of the epidemic.

Unlike most previous Ebola disease outbreaks, this one involves the Bundibugyo virus, for which there are no approved vaccines or specific treatments, and which is particularly difficult to diagnose due to limited testing capacity.

The reality today is that nobody knows the true scale and severity of this outbreak.

New suspected cases are being reported daily, yet hundreds of samples remain untested.

At the same time, major constraints, including border and airport closures, continue to delay the arrival of critical medical supplies, humanitarian aid, and specialized personnel. We know from experience that these measures severely hinder outbreak response, and isolate countries that urgently need international support.

This outbreak is making those consequences painfully clear.

The number of expert medical organizations responding on the ground is still far too limited, and the level of support being provided – including our own – falls far short of what is needed.

People urgently need a response that matches the scale of the crisis they are facing.

To bring the situation under even partial control, there must be an immediate expansion of testing capacity.

This must be accompanied by a rapid, coordinated and tailored scale-up of the overall response, supported by experienced medical and humanitarian organizations, alongside guaranteed and sustained access for the swift entry of medical supplies and humanitarian staff into affected areas.

This outbreak is unfolding in a context where medical needs are already acute, and we are now at real risk of a silent escalation of other critical health problems people face every day. So many health facilities are overwhelmed, and access to regular, non-Ebola care is affected while many people remain at home, too afraid to seek care.

The response cannot succeed if it is imposed on communities rather than built with them. Every aspect of the response must be rooted in continuous engagement with communities — listening to concerns, addressing fear and misinformation, and building trust so that people feel safe seeking care.

Trust and active community participation are essential to controlling the spread of the disease and saving lives.

And the effectiveness of the response will ultimately depend on whether people believe in it.”

MSF is an international, medical, humanitarian organisation that delivers medical care to people in need, regardless of their origin, religion, or political affiliation.  MSF Australia was established in 1995 and is one of 24 international MSF sections committed to delivering medical humanitarian assistance to people in crisis. Every year more than 120 Australians and New Zealanders go on assignment with Médecins Sans Frontières  working as: doctors, midwives, psychologists, laboratory technicians, human resource/finance coordinators, pharmacists, mental health specialists and logisticians. MSF delivers medical care based on need alone and operates independently of government, religion or economic influence and irrespective of race, religion or gender. For more information visit msf.org.au  

Economy – Iran exit from talks puts $100 Brent in sight: deVere CEO

Source: deVere Group

June 1 2026 – Brent oil looks set to move above $100 and potentially stay there for a while. That scenario would change the game for investors.

This is the warning from Nigel Green, CEO of the global financial advisory giant deVere Group, after reports that Iran has halted negotiations with the United States and threatened to close the Strait of Hormuz, sending oil prices sharply higher and raising fresh doubts about how quickly the conflict can be brought under control.

The latest escalation comes as markets are being forced to confront a possibility many had been reluctant to fully embrace: that the conflict could last far longer than expected, keeping pressure on energy prices and inflation worldwide.

Nigel Green says: “Iran pulling out of talks changes the picture.

“The market has spent months assuming there would be a diplomatic exit. Today that assumption looks much harder to defend.

“Oil is already reacting, and I think it goes higher. I can't see this being resolved quickly.”

Oil prices surged after Iran's state-affiliated Tasnim news agency reported that Tehran would stop indirect negotiations with Washington and move toward closing the Strait of Hormuz in response to what it described as violations of the ceasefire agreement.

The development has heightened concern because the Strait of Hormuz remains one of the world's most important energy corridors, carrying around one-fifth of global oil consumption and a significant share of international LNG supplies.

The reports also referenced the Bab el-Mandeb Strait, another strategically important maritime route linking the Red Sea with the Gulf of Aden.

Nigel Green says investors have repeatedly looked beyond military escalation because they believed negotiations would eventually resume.

“Investors have been remarkably willing to look through the setbacks.

“Every time tensions increased, the prevailing view was that diplomacy would eventually catch up.

“At some stage markets stop giving negotiations the benefit of the doubt.”

Despite months of conflict, crude prices have remained below levels normally associated with severe supply disruptions, reflecting confidence that the fighting would ultimately remain contained.

This confidence is now facing its toughest test.

The significance extends far beyond the oil market itself.

A sustained move above $100 crude would risk reigniting inflation concerns just as many major central banks have been moving towards lower interest rates. Higher energy costs tend to ripple quickly through economies, affecting transportation, manufacturing, business costs and household spending.

Nigel Green says the latest developments could force investors to reassess some of the assumptions that have supported markets this year.

“One of the reasons markets have remained resilient is because investors have expected inflation pressures to continue easing.

“A prolonged period of higher oil prices complicates that outlook.

“It raises questions about inflation, interest rates, corporate profitability and consumer demand at the same time.

“That's why this matters beyond the energy sector. Investors aren't only watching oil. They're watching what higher oil could mean for the broader economy.”

Nigel Green says one of the biggest risks is that markets have underestimated how long the conflict could last.

“The consensus view has been that the war would be contained and eventually brought under control.

“I think many investors have been expecting something measured in weeks rather than months.

“If we're still discussing suspended negotiations and threats to major shipping routes later in the summer, that expectation will come under serious pressure.”

The deVere CEO believes energy markets are beginning to signal a reassessment of that outlook.

“Brent looks set to move above $100 and potentially stay there for a while.

“The market can absorb disappointment for a period of time. But eventually repeated disappointments change expectations.

“If confidence in a diplomatic solution continues to weaken, oil prices have further room to move higher from here.”

deVere Group is one of the world's largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.  It has a network of offices around the world, more than 80,000 clients, and $14bn under advisement.

GlobalData – Philippines fixed communication services revenue to grow at 2.7% CAGR over 2025-30, forecasts GlobalData

Source: GlobalData

The total fixed communication services revenue in the Philippines is forecast to increase at a compound annual growth rate (CAGR) of 2.7% from $3.8 billion in 2025 to $4.3 billion in 2030, mainly driven by growth in the fixed broadband segment, according to GlobalData, a leading intelligence and productivity platform.

GlobalData’s Philippines Fixed Communication Forecast (Q4 2025) reveals that fixed voice services revenue will decline at a CAGR of 7.4% over the 2025-30 period, in line with a decline in fixed voice average revenue per subscriber (ARPU) levels, as users increasingly adopt mobile/OTT-based communication services and as operators increasingly offer free voice minutes with their bundled plans.

Srikanth Vaidya, Telecom Analyst at GlobalData, comments: “Fixed broadband service revenue, on the other hand, will increase at a CAGR of 4.2% during 2025-30, driven by growth in broadband subscriptions, especially fiber optic (FTTH/B) broadband subscriptions.”

Fiber lines accounted for a majority share of 85% of the total fixed broadband lines in 2025, which will increase to about 91% by 2030, supported by the government and operator investments in fiber network infrastructure and FTTH service expansions. For instance, PLDT deployed FTTH in all cities and in majority of the municipalities in the country in 2025.

PLDT will lead the fixed voice services segment in terms of subscriptions through 2030. The operator will also top the fixed broadband services market, by subscriptions, supported by its strong position in DSL and FTTH service lines. The operator has earmarked a capex of around PHP50 billion ($0.81 billion) for 2026 to expand the reach and capability of its FTTH network and increasing its international bandwidth capacity.

Vaidya concludes: “The fixed communication services market in the Philippines is poised for growth, driven by technological advancements, regulatory support, and changing consumer behavior. As the demand for high-speed and reliable internet continues to rise, providers are likely to focus on expanding their infrastructure and enhancing service offerings to remain competitive in this evolving landscape.”

GlobalData’s Philippines Fixed Communication Forecast

GlobalData’s Philippines Fixed Communication Forecast quantifies current and future demand and spending on fixed voice and data services. The data is published quarterly.

About GlobalData:

GlobalData Plc (LSE:DATA) operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change. By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what is coming, move faster, and lead with confidence. Our solutions are used by over 5,000 organizations across the world’s largest industries, providing tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth.

Energy Sector – Recommendation from the nomination committee of Equinor ASA

Source: Equinor

01 JUNE 2026 – The nomination committee of Equinor ASA recommends that the company's corporate assembly elects Jarle Roth as new chair of the board of directors of Equinor ASA.

Furthermore, the nomination committee recommends re-election of Anne Drinkwater as deputy chair, in addition to Finn Bjørn Ruyter, Haakon Bruun-Hanssen, Mikael Karlsson, Fernanda Lopes Larsen and Dawn Summers as members of the board of directors of Equinor ASA. Jon Erik Reinhardsen, who has been the chair of the board since 2017, would like to resign from the board of directors.

Jarle Roth has been a member of the board since 1 December 2025.

Jarle Roth is an independent advisor. Roth has held CEO roles in multiple Norwegian companies, including at Eksportkreditt Norge AS, Arendals Fossekompani ASA, Umoe Group, Schat-Harding and Unitor ASA. His career spans across industrial investment management, change management, energy transition initiatives, financing of Norwegian export industries and global shipping services. He has extensive experience from major listed companies. His boardroom experience includes governance, risk management, strategy, M&A, and sustainability. Internationally, Roth has led and integrated businesses with activities within Europe, Americas and Asia.

Roth has previously served as chair of the nomination committee and corporate assembly of Equinor ASA.

Roth has a MSc of Finance and Business Administration (“siviløkonom”) from the Norwegian School of Economics (NHH).

The election to the board of directors of Equinor ASA will be held in the company's corporate assembly meeting Monday 8 June 2026. It is proposed that the election enters into effect from 1 July 2026 and until the ordinary election of members to the board of directors in June 2027.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

KOF Economic Barometer: Economic outlook remains muted

Source: KOF Economic Institute

The KOF Economic Barometer increases slightly in May. Despite also increasing in the previous month, it continues to stay below its medium-term average. The outlook for the Swiss economy remains muted.

In May, the KOF Economic Barometer rises by 0.2 points to a level of 98.0 (after revised 97.8 in the previous month). The almost unchanged Barometer is apparent in the mixed developments of the indicator bundles included in the KOF Economic Barometer. 

Among the production side indicator bundles, the indicators for manufacturing are particularly under pressure, which is inter alia cushioned by a positive outlook in the indicators for financial and insurance services. While on the demand side, the indicators for foreign demand exhibit more favourable developments, the indicators for private consumption experience a setback.

The developments within the producing industry (manufacturing and construction) are similarly mixed. The sub-indicators for order backlogs, stocks of finished products and the general business situation show an improved outlook. However, the sub-indicators for exports and production activity are weakening.

Among the sub-indicators within manufacturing, the indicators for paper and printing products show particularly positive developments. In contrast, the sub-indicators for the textile industry as well as for the electrical industry experience a setback.

Israel Conflict – Amid large-scale forced displacement orders, the deteriorating situation in Southern Lebanon is severely impacting people, and their access to healthcare – MSF

Source: Médecins Sans Frontières Australia

29 May 2026:  Despite the so-called ceasefire, we are currently witnessing an alarming situation in Southern Lebanon. There is ongoing Israeli military escalation expanding northwards, and large-scale forced displacement orders are impacting most of the south of the country.  

In recent days, our teams supporting local hospitals in Tyre (Sour) and Nabatiyeh have received successive waves of casualties amid a rapidly deteriorating security context. Hundreds of strikes have been reported in the areas where we work, 9 health workers have been killed, 48 injured, and 7 ambulances have been hit in just 10 days, according to the WHO.

In the hospitals we support, civilians continue to arrive with severe injuries — including skull fractures, traumatic brain injuries, and shrapnel from drone explosions lodged in their lungs and liver. In some cases, entire families have been injured or killed.

This worsening situation risks having further consequences on people’s access to healthcare. If medical teams, including MSF staff, are forced to suspend activities, communities will be left without life-saving care at a time when needs are critical.

MSF reiterates its calls on Israeli authorities to guarantee the protection of civilians, medical and rescue personnel, and health facilities.”

Jeremy Ristord, MSF Head of Mission in Lebanon

Please find a video featuring Dr Mina, an ER doctor working in Nabatiyeh, explaining the impact of the attacks on healthcare.  'On 22 May 2026, attacks carried out by Israeli forces killed 7 paramedics in the Tyre district. This comes just over a week after Israeli forces killed 2 MSF-supported civil defense paramedics in Nabatiyeh. The targeting of healthcare workers must never be normalized. Attacking healthcare workers is a war crime.'

https://media.msf.org/Share/j4e727c30f4cu606cb8ebw45sur528de

MSF is an international, medical, humanitarian organisation that delivers medical care to people in need, regardless of their origin, religion, or political affiliation.  MSF Australia was established in 1995 and is one of 24 international MSF sections committed to delivering medical humanitarian assistance to people in crisis. Every year more than 120 Australians and New Zealanders go on assignment with Médecins Sans Frontières  working as: doctors, midwives, psychologists, laboratory technicians, human resource/finance coordinators, pharmacists, mental health specialists and logisticians. MSF delivers medical care based on need alone and operates independently of government, religion or economic influence and irrespective of race, religion or gender. For more information visit msf.org.au

Tech – ONEKEY Ensures Transparency: Secure Encryption for Future Quantum Security

Source: ONEKEY

CEO Jan Wendenburg: “Many manufacturers have no insights into the encryption software used in their devices, nor an understanding of how vulnerable these systems may become in the era of quantum computing.”

Düsseldorf, May 28, 2026 — As the industry prepares for the transition to post-quantum cryptography (PQC), many manufacturers of digital devices, machines, and systems are facing a fundamental challenge that has been underestimated until now. They lack an overview of the cryptography used in their products and systems. The Düsseldorf-based cybersecurity company ONEKEY offers a solution with its Product Cybersecurity & Compliance Platform. The platform provides transparency regarding the cryptographic components within firmware, thereby laying the groundwork for a structured migration towards quantum-secure methods.

The urgency to act is increasing rapidly. Advances in quantum computing are accelerating the race between offensive and defensive cybersecurity capabilities. Technology manufacturers and government entities are investing heavily in developing powerful quantum computers. Meanwhile, a potential attack scenario that security experts have discussed for years is becoming more significant: “Harvest now, decrypt later”. In this scenario, encrypted data is intercepted and stored so that it can be compromised at a later date using more powerful decryption methods. This means that even data and processes currently considered secure could be at risk in the long term.

Shor and Grover Pose a Threat to Traditional Encryption

The technological challenge is immense. Shor's algorithm is a quantum algorithm that factors large numbers extremely quickly. This threatens the security of commonly used asymmetric cryptosystems, such as RSA, Elliptic Curve Cryptography (ECC), and Diffie-Hellman, because it jeopardizes today's encryption methods. The Grover algorithm is another quantum algorithm that solves unstructured search problems quadratically faster than classical computers and reduces the security of symmetric methods.

Jan Wendenburg, CEO of ONEKEY, explained that the consequences are far-reaching: “A large portion of the cryptographic methods used today will no longer be considered secure in the future. However, migrating to new, quantum-secure methods is not a short-term project but rather a multi-year transformation process with significant implications. Our platform helps create transparency today, build an inventory, and thus prepare for the migration.”

Structural Shortcoming: Lack of Transparency

At the center of the challenge lies a structural shortcoming. Manufacturers often lack detailed knowledge of which cryptographic algorithms they use, where these algorithms are implemented, which libraries are employed, and which protocols are active. This is especially true with complex products featuring long lifecycles, embedded software, and a wide variety of third-party components. Without transparency, developing a well-founded PQC strategy is practically impossible.

This is where ONEKEY comes in. The platform automatically analyzes binary firmware without requiring the source code and identifies the cryptographic elements within it at various levels. These include algorithms, cryptographic libraries, and specific implementations. The analysis is scalable across large firmware repositories and enables companies to systematically inventory their cryptographic landscape for the first time.

ONEKEY Query Language for Large Datasets

ONEKEY's differentiating feature is the ONEKEY Query Language (OQL). It enables users to formulate targeted queries across extensive datasets and obtain precise answers. For instance, companies can use OQL to determine which products use RSA, identify potentially insecure or outdated methods, and pinpoint which components depend on specific cryptographic libraries. This comprehensive analysis provides an aggregated view across different product lines and organizational units, thereby enhancing management's ability to guide the business.

A realistic assessment is crucial here. A fully automated Crypto-SBOM (software bill of materials)—that is, a complete list of all cryptographic components—has not yet been established across the industry. However, ONEKEY already enables a practical approach to achieving this goal. Manufacturers gain concrete, reliable insights into their cryptographic attack surface and can use them to derive prioritized measures. As Jan Wendenburg summarized: “Transparency is the essential first step on the path to PQC readiness.”

Prompt Action Is Urgently Needed

The time factor further underscores the urgency of the situation. According to a principle formulated by cryptography expert Michele Mosca, risk arises when the total duration of protecting sensitive data and migrating it exceeds the time remaining until powerful quantum computers become available. For many companies, this means: Those who wait to react until quantum-based attacks are practically possible will be too late.

In addition to taking inventory, other challenges arise. For example, quantum-secure methods often require longer key lengths and altered performance characteristics. Existing protocols must be adapted or redesigned entirely. Additionally, there is a need to understand and manage dependencies in software supply chains. Without a robust database on the cryptography in use, these tasks cannot be managed efficiently or with minimized risk.

Against this backdrop, a pragmatic approach is becoming increasingly important. Rather than waiting for future technologies, companies should start analyzing their current situation today and organizing it in a structured manner. This is where ONEKEY provides immediate value by helping organizations close a critical transparency gap and establish the foundation for long-term PQC migration planning.

ONEKEY is the leading European specialist in Product Cybersecurity & Compliance Management and part of the investment portfolio of PricewaterhouseCoopers Germany (PwC). The unique combination of the automated ONEKEY Product Cybersecurity & Compliance Platform (OCP) with expert knowledge and consulting services provides fast and comprehensive analysis, support, and management to improve product cybersecurity and compliance from product purchasing, design, development, production to end-of-life.

Critical vulnerabilities and compliance violations in device firmware are automatically identified in binary code by AI-based technology in minutes – without source code, device, or network access. Proactively audit software supply chains with integrated Software Bills of Materials (SBOMs) generation. “Digital Cyber Twins” enable automated 24/7 post-release cybersecurity monitoring throughout the product lifecycle.

The patent-pending, integrated ONEKEY Compliance Wizard already covers the EU Cyber Resilience Act (CRA) and requirements according to IEC 62443-4-2, ETSI EN 303 645, UNECE R 155 and many others.

The Product Security Incident Response Team (PSIRT) is effectively supported by the integrated automatic prioritisation of vulnerabilities, significantly reducing the time to remediation.

Hong Kong fixed communication services revenue to grow at 2.1% CAGR during 2025-2030, forecasts GlobalData

Source: GlobalData

The total fixed communication services revenue in Hong Kong is expected to increase at a compound annual growth rate (CAGR) of 2.1% from $2.4 billion in 2025 to $2.7 billion in 2030, mainly driven by the growth in the fixed broadband segment, reveals GlobalData, a leading intelligence and productivity platform.

GlobalData’s Hong Kong Fixed Communication Forecast (Q4 2025) reveals that fixed voice services revenue will decline at a CAGR of 6.1% over 2025-2030, in line with the decline in fixed voice average revenue per subscriber (ARPU) levels, as users increasingly adopt mobile/OTT-based communication services, and with operators offering free voice minutes with their fixed bundled plans.

Srikanth Vaidya, Telecom Analyst at GlobalData, says: “Fixed broadband service revenue, on the other hand, will increase at a CAGR of 3.1% during 2025-2030, driven by the growth in broadband subscriptions, especially fiber optic (FTTH/B) broadband and fixed wireless access (FWA) subscriptions.”

GlobalData is optimistic about Hong Kong’s fixed broadband services outlook and estimates fiber optic lines to hold about 81% of total broadband lines in 2030, supported by the government investments in fiber network infrastructure and operators’ FTTH service expansions.

From a low base, FWA subscriptions will expand at a robust CAGR of 9.2% over the forecast period, driven by operators’ efforts to popularize the services.

Vaidya continues: “Operators are expanding their reach across the nation to deliver high-capacity home and business broadband, especially targeting areas with limited fiber. For instance, HKT, a subsidiary of PCCW, has recently rolled out mmWave-based FWA to provide ultra-high-speed internet in rural communities and on outlying islands.”

PCCW is set to lead the country’s fixed broadband services market in terms of subscription share over the forecast period, supported by its strong position in FTTH service segment and efforts to expand its FWA services. The telco’s leading position is also supported by its efforts in adopting new technologies for enhancing its existing fiber networks.

Vaidya concludes: “Hong Kong fixed communications market is mature and highly competitive, with growth coming less from adding basic lines and more from upgrading users to faster broadband and higher-quality in-home connectivity.”

GlobalData’s Hong Kong Fixed Communication Forecast:

GlobalData’s Hong Kong Fixed Communication Forecast quantifies current and future demand and spending on fixed voice and data services. The data is published quarterly.

About GlobalData:

GlobalData Plc (LSE:DATA) operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change. By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what is coming, move faster, and lead with confidence. Our solutions are used by over 5,000 organizations across the world’s largest industries, providing tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth.

Business – Visa Expands Commercial Solutions Hub with Integration of Visa Accounts Receivable Manager

Source: Visa Inc.

New integration allows issuers to send virtual card details to suppliers, helping automate virtual card adoption for suppliers at scale

SAN FRANCISCO – Visa Inc. (NYSE: V), a global leader in digital payments, today announced an expansion of the Visa Commercial Solutions Hub (VCS Hub), further strengthening how issuers and suppliers connect to scale virtual card programs. Through a new integration with Visa Accounts Receivable Manager (Visa AR Manager), eligible issuers gain built-in access to end-to-end processing designed to reduce operational friction and accelerate commercial card growth.

Virtual cards are among the fastest-growing payment methods in commercial payments yet scaling them remains complex. Issuers often face fragmented supplier connectivity, while suppliers are left with manual reconciliation and inconsistent payment flows. By bringing issuer and supplier networks together, by embedding access to Visa AR Manager in the VCS Hub, Visa is helping to simplify these connections and enable more automated, seamless payment experiences across the ecosystem.

Powering issuer growth through a unified commercial payments platform

Launched in 2025, VCS Hub is a globally available platform designed to help issuers support multiple commercial payment use cases through a single, scalable integration. By unifying Visa's network capabilities, VCS Hub enables issuers to reduce technical complexity, accelerate time to market, and scale virtual card programs more efficiently across their commercial client portfolios.

“Issuers see strong demand for commercial card solutions, but scaling those programs can be unnecessarily complex,” said Gloria Colgan, SVP, Global Product, Commercial Solutions, Visa. “Visa Commercial Solutions Hub reduces that friction, making it easier to connect with suppliers, deliver new capabilities faster, and drive meaningful growth in commercial payments.”

Driving automation and unlocking scale

Now available in 69 geographies, Visa AR Manager, powered by proprietary AI capabilities, addresses key operational barriers that have historically limited virtual card adoption. Through this integration, issuers can send virtual card payments on behalf of their corporate buyers through Visa AR Manager. Visa AR Manager then provides a virtual card automation service to suppliers that reduces manual intervention, can accelerate reconciliation, potentially improving working capital outcomes for suppliers.

Early adopters of Visa AR Manager are already seeing measurable impact, including efficiency gains through increased automation. One customer reported an 89% reduction in days sales outstanding, realized a 300-basis-point net benefit, and enabled fully automated virtual card processing in under two weeks of implementation.

“Visa Accounts Receivable Manager brings true end-to-end automation to commercial payments,” said Abhishek, Global Head of B2B Acceptance, Visa. “By streamlining how payment and invoice data move between issuers and suppliers, we're helping unlock the full growth potential of virtual card programs.”

Availability

The integrated capability for issuers is expected to launch in September 2026 and will be available at no additional cost to eligible VCS Hub clients, subject to applicable terms and geographic availability. *

Frequently Asked Questions (FAQ)

What is Visa Commercial Solutions Hub (VCS Hub)?

Visa Commercial Solutions Hub is a globally available, unified platform that enables issuers to access Visa and partner capabilities through a single integration. The VCS Hub provides access to a growing range of Visa capabilities and partner solutions, simplifying the deployment and scaling of commercial card programs.

What is Visa Accounts Receivable Manager (Visa AR Manager)?

Visa AR Manager allows issuers to send virtual card details on behalf of their corporate buyer to suppliers enrolled in the Visa AR Manager service. For enrolled suppliers, Visa AR Manager automates accounts receivable processes by streamlining the exchange of payment, remittance, and invoice data. It is designed to reduce manual reconciliation and improve payment efficiency.

What is new in this announcement?

Visa is integrating the Visa AR Manager service for issuers directly into VCS Hub. This gives eligible issuers built-in access to end-to-end virtual card processing and reconciliation capabilities through a single platform.

How does this benefit issuers?

Issuers can reduce technical complexity, accelerate time to market, and scale virtual card programs more efficiently. The integration may also help improve supplier enablement and overall program performance.

How does this benefit suppliers?

Suppliers can gain more consistent, automated payment and reconciliation processes. This can reduce manual work, improve cash flow visibility, and shorten payment cycles.

How does the integration improve virtual card adoption?

By simplifying supplier connectivity and automating payment and reconciliation workflows, the integration reduces key operational barriers that have historically limited virtual card adoption at scale.

What role does AI play in Visa AR Manager?

Visa AR Manager uses proprietary AI capabilities to help match payments with invoices, streamline reconciliation, and reduce exceptions, improving overall processing efficiency.

Where is Visa AR Manager integration with the VCS Hub available?

Visa AR Manager integration will be available in 69 areas globally where Visa AR Manager is currently available.

When will the integrated capability be available?

The integrated VCS Hub and Visa AR Manager capability for issuers is expected to launch in September 2026, subject to geographic readiness.

Who is eligible to access this capability?

The integration will be available at no additional cost to eligible existing VCS Hub issuer clients. Availability for other clients will depend on commercial arrangements and jurisdictional conditions.

What results have Visa AR Manager early adopters seen?

Early adopters have reported significant efficiency gains, including up to an 89% reduction in days sales outstanding, measurable financial benefits, and the ability to enable fully automated virtual card processing within weeks.

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

* Eligible issuers must agree to the VCS Hub Terms of Use, the VCS Hub Product Specific Terms for Visa AR Manager, and additional terms based on access channel to the VCS Hub: B2B Payables terms (if batch file or online), Embedded Payments terms (if embedded in ERP), or applicable Visa Developer Platform/VDP terms (if API). Please contact your Visa representative for more information.

Australia – TECH ENTREPRENEUR PRAISES KING CHARLES’ ‘VISIONARY’ APPROACH TO CLIMATE CHANGE AND SUSTAINABILITY

Source: i5 Media 

RICK PARISH VOWS TO ADDRESS THE HUMANITARIAN CRISIS OF ENERGY INEQUALITY, HELPING FAMILIES AND SCHOOLS ACCESS CLEAN COOKING POWER IN AFRICA

Rick Parish, the Australian philanthropist and tech entrepreneur, says His Majesty King Charles III's recent speech has strengthened his commitment to tackling energy inequality and the humanitarian crisis sweeping across the Commonwealth.

The founder of deep-tech company Kinetic7 Technologies – which is headquartered in Abu Dhabi with offices in Italy, Europe, Australia and the UK – has spoken of his admiration for His Majesty King Charles III's longstanding commitment to the planet, the environment and humanitarian causes, following the King's recent address to the US Congress during the royal visit to the United States.

Household air pollution (HAP) is responsible for 3.1 million premature deaths each year, caused by families cooking with wood-burning and inefficient cook stoves. Household air pollution also plays a significant role in deforestation, increases carbon emissions in the atmosphere, and has a major impact on climate change across Commonwealth countries.

Moved by His Majesty's trailblazing work on sustainability and climate change through the Sustainable Markets Initiative (SMI), The King's Foundation, and the Harmony Project, Parish says he is determined to play his part in addressing the deepening energy inequality crisis in Sub-Saharan Africa and other nations across the Commonwealth.

At the heart of that mission is a portable cooking stove developed by Kinetic7, designed to produce clean energy using hydrogen gas on demand for families and schools in Africa. The technology uses water and the sun's solar power to generate clean gas for cooking and heating.

Parish's drive to create Kinetic7 was shaped by personal tragedy. Following the death of his four-year-old son, Elliot, from brain cancer, he says his work and travels in Africa showed him first-hand how many families were cooking on primitive wood-burning stoves. He witnessed young children suffering the effects of indoor air pollution and inhaling toxic fumes. Many children were also dying prematurely from respiratory illnesses, the inhalation of toxic fumes and carbon particulates.

Rick could clearly see the problems this was causing for families, with women and children becoming sick from air pollution and having to walk up to 10 km a day just to collect firewood. He could also see the direct impact this was having on deforestation and climate change. This strengthened his determination to make a positive change and “leave the world in a better place” — a mission he feels aligns with the King's vision of Harmony.

“With Kinetic7, we have not only developed a solution for creating clean, carbon-free hydrogen-on-demand energy, but we can also radically reduce the 3.1 million premature deaths caused each year by household air pollution, while helping to reduce the impact of climate change and large-scale deforestation. By uniting private-sector philanthropy and diplomacy with NGO's and partner agencies such as Unicef and the United Nations, we can truly address energy inequality in Africa and other developing nations across the Commonwealth to achieve something truly meaningful.” Parish said.

As well as developing the Tribe™️ and Nomad™️ portable cooking stoves, Parish has also innovated the world's first Carbon Free Kitchen (CFK). Designed using a modular shipping-container system, the portable kitchen will provide a large-scale carbon-free kitchen using clean hydrogen gas on demand through Kinetic7 technology. The Carbon Free Kitchen can be used for large groups of people for humanitarian purposes and in schools across Africa.

Each year, 3.1 million premature deaths occur due to the inhalation of toxic smoke and household air pollution (HAP), including many children under five in Sub-Saharan Africa. Families without access to clean energy often rely on inefficient wood-burning stoves for cooking and heating — a practice that also contributes to deforestation and the climate crisis. Over 200 women a month are subjected to sexual violence and assault as they walk up to 10 km a day simply to collect firewood to cook for their families.

Parish added: “His Majesty, as the former Prince of Wales, was so ahead of his time many years ago on the environment, climate change and deforestation, and nobody was prepared to listen. Only now is the world waking up to his wisdom and philosophy of Harmony, understanding the importance of the symbiotic relationship between mankind and the natural world.”

NOTES:
Kinetic7

Kinetic7 is a deep-tech company founded by Australian entrepreneur and philanthropist Rick Parish. Headquartered in Abu Dhabi, UAE, with entities in the UK, Australia, Italy and the US, Kinetic7 has pioneered a unique patented and patent-pending clean-energy technology to produce hydrogen gas on demand. Kinetic7 was developed to serve both humanitarian and environmental purposes in developing and developed nations. Following an $18M research and development programme over the last six years, the first Kinetic7 portable stoves, 'Tribe™️' and 'Nomad™️', are about to enter the commercialisation phase. They are the first of several portable stove innovations designed by Kinetic7 to be announced this year. www.kinetic7.com

The Tribe™️ Stove

The Tribe™️ stove has been designed solely for humanitarian purposes in developing nations where people use traditional wood-burning stoves and inefficient cooking stoves fuelled by LPG and kerosene to cook and provide heat in their homes. The aim of the Tribe™️ stove is to help reduce reliance on wood-burning and inefficient cook stoves. Tribe™️ will improve the quality of life for people in developing nations worldwide while reducing carbon emissions, deforestation, and related health risks. By producing no carbon emissions at the point of use, it will also help tackle the major issues of deforestation and climate change, empowering local people.

The Nomad™️ Stove

The 'Nomad™️' stove has been designed for rapid portable deployment into disaster zones to assist with disaster relief, humanitarian, military and emergency-services use. Using a small amount of water and a small solar-powered battery, it produces no carbon emissions at the point of use, creating hydrogen gas on demand for cooking and heating.

The Impact Of Household Air Pollution

Each year, cooking on inefficient wood-burning stoves contributes to 3.1 million deaths from household air pollution and respiratory diseases such as chronic obstructive pulmonary disease (COPD), pneumonia, eye damage, heart conditions, and cancers caused by inhaling toxic smoke and carbon particulates. Over 237,000 of those deaths are attributed to children under the age of five.