Tue.May 20, 2025

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Modernizing the Payments Back Office: Why “Buy” Deserves a Second Look

Payments Next

By Kate Knudsen, Senior Program Director atBHMI As financial services companies like banks, merchants, and payment service providers continue navigating the ever-evolving The post Modernizing the Payments Back Office: Why Buy Deserves a Second Look first appeared on Payments NEXT.

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Nordic Initiative works with nexo standards on payment evolution

Finextra

The Nordic Initiative has established a strategic partnership with nexo standards to transform payment systems across the Nordic Tier 1 consumer-facing industries.

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Trending Sources

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iDenfy and iGaming Express optimise remote ID verification in regulated markets

The Paypers

iDenfy , a US-based verification platform, has partnered with iGaming Express , a consultancy in high-risk sectors such as iGaming, to optimise client verification flows.

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Wordlpay collaborates with Yabie to drive payment efficiency for UK SMEs

Finextra

Point of sale (POS) innovator Yabie today announced a strategic partnership with Worldpay to power the merchant business tools within Worldpay 360, a new all-in-one business management and payment solution tailored specifically for small and medium-sized enterprises in the UK.

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A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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Bulgaria's CC Bank and MeaWallet partner to launch Click to Pay

The Paypers

Bulgaria’s Central Cooperative Bank has launched Click to Pay push provisioning functionality for its customers, supported by MeaWallet , a digital payments provider.

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Seccl receives further investment from Octopus; commences search for new CEO

Finextra

Seccl, the embedded investment platform, is preparing for dramatic expansion on the back of further investment from Octopus in a reshaped management team.

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Indian business banking fintech PaySprint banks first $1.2 million of $3 million Series A

Finextra

PaySprint Private Limited, one of Indias fastest-growing fintech and regtech companies, had set out to raise a total of $3 million USD, out of which $1.2 million USD in the first tranche, has been successfully raised.

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Visa enables Click to Pay on UEFA's ticketing platforms

The Paypers

Payment card services corporation Visa has announced its partnership with UEFA in order to incorporate its Click to Pay solution into the latter’s ticketing platforms.

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ESG platform Novisto raises $27 million

Finextra

Canada-founded sustainability reporting software company Novisto has raised US$27m in a Series C round, led by Inovia Capital, with participation from all previous investors including White Star Capital, SCOR Ventures, and Sagard.

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Mashreq rolls out API Marketplace to support digitalisation

The Paypers

Mashreq , a financial institution in the MENA region, has rolled out its API Marketplace, a platform designed to enable corporate clients, developers, and fintech companies with access to its suite of APIs.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Spayz.io to roll out payments in key African markets

Finextra

SPAYZ.io, a leading provider of innovative payment solutions, is entering three new African markets - South Africa, Egypt and Cameroon.

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Visa, Mastercard $5.5B settlement advances

Payments Dive

Plaintiffs in the card network litigation say problematic third-party communications regarding claims has declined since a February filing deadline passed.

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StraitsX launches XSGD stablecoin on the XRP Ledger

Finextra

StraitsX, Southeast Asias leading digital payment infrastructure provider, today announced the launch of its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), a decentralised layer-1 blockchain.

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The new UK stablecoin framework: What payments leaders need to know

The Payments Association

The new UK stablecoin framework: What payments leaders need to know 20 May 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The UKs new regulatory framework for stablecoins and its implications for payment firms. Why is it important? It sets the legal foundation for stablecoins in financial services, shaping how firms can operate and innovate.

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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.

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Entersekt and Stanchion form payments partnership

Finextra

Entersekt is thrilled to announce its strategic partnership with Stanchion, a leading global PayTech solution provider.

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Committee scrutiny: Navigating the UK’s cash transition

The Payments Association

Committee Scrutiny: Navigating the UK's Cash Transition 19 May 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The rising regulatory scrutiny around cash acceptance in the UK and the need for inclusive payment systems. Why is it important? Declining cash use potentially risks excluding vulnerable groups and may lead to legal and regulatory consequences.

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Payabl. taps ClearBank for embedded finance services

Finextra

Leading European financial technology provider payabl. has partnered with ClearBank, an enabler of real-time clearing and embedded banking, to expand its UK payment services and enhance security for businesses.

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What are one-time-use privacy cards? Explaining the benefits

Basis Theory

Privacy cards and one-time-use cards have specific use cases in the world of online shopping. Learn more about this payment method!

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Governing Machine Learning Models in Business: Why ModelOps Is Essential

Fintech Weekly

As organizations increase their investment in artificial intelligence (AI), the need to govern machine learning (ML) models effectively has become a strategic priority. Deploying a model into production is only the beginning.

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Klarna touts merchant growth

Payments Dive

The buy now, pay later provider surpassed 100 million users globally this year, but also reported widening consumer credit losses for the first quarter.

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Brex partners with former competitor Zip, with an eye on reducing cash burn to get to an IPO

TechCrunch Fintech

Brex has once again made the surprising, but perhaps realistic, decision to partner with another one-time competitor. This time Zip, the CEOs of both companies told TechCrunch exclusively. In April 2022, fintech Brex announced it was making a big push into both the enterprise and software.

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Paymentus keeps the lights on

Payments Dive

Utilities and auto loans may not be exciting, but nondiscretionary payments is a profitable business largely unaffected by downturns, CEO Dushyant Sharma says.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

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Galileo makes it easier for people to update their default payment method

Finextra

Galileo Financial Technologies, SoFi Technologies, Inc.s Technology Platform (NASDAQ: SOFI), has launched Galileo Payment Method Switch, powered by Atomic.

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New Fintech Thailand Map 2025 Released

Fintech News

Thailands fintech industry has grown by a remarkable 82.47% over the past five years, driven by widespread adoption of digital financial services and continued momentum across the sector, according to a new research by the Fintech News Network. The newly released Fintech Thailand Map 2025 , which features active fintech companies and brands in the country, reveals that Thailand is now home to 177 companies, up significantly from 97 in 2020.

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Spanish mobile networks go dark

Finextra

Spain has been struck by a widespread outage across all mobile networks just four weeks after suffering from a natiownide electricity blackout, highlighting the perils of relying solely on online payment systems and apps.

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Circle Weighs IPO Against Potential Sale to Coinbase or Ripple, Sources Say

Fintech News

Circle Internet Financial , the issuer of the USDC stablecoin, is exploring a potential sale to Coinbase or Ripple, sources told Fortune a move that could shift the company away from its planned public listing. Although Circle filed for an IPO in April, four banking and private equity executives familiar with the matter said the company has since engaged in informal acquisition talks.

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7 Essential Criteria for Choosing the Right Payments Partner

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.

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UBS rolls out AI avatars of its analysts

Finextra

Swiss bank UBS is using AI models to create video avatars of its analysts to share with clients.

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Entersekt Inks Payments Partnership with Stanchion

Finovate

Atlanta, Georgia-based Entersekt announced a new strategic partnership with paytech solutions provider Stanchion. The partnership will combine Entersekt’s 3-D Secure payment authentication solution with Stanchion’s Payment Fabric Technology. Stanchion’s technology provides advanced integration capabilities that enable issuers to offer new functionalities to help them modernize, transform, and accelerate innovation and improve operational efficiency. “We are excited to par

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Klarna on track to reach $1 million in revenue per employee

Finextra

BNPL giant Klarna says it is fast approching $1 million in revenue per employee, spearheaded by its aggressive uptake of AI.

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Bitstamp Secures MiCA Crypto Asset Service Provider Licence and Eyes More Globally

The Fintech Times

Cryptocurrency exchange Bitstamp has secured Crypto Asset Service Provider (CASP) licence approval under the European Unions Markets in Crypto-Assets (MiCA) regulation by the Luxembourg-based regulator, the Commission de Surveillance du Secteur Financier (CSSF). The newly acquired CASP licence covers the operation of the Bitstamp trading platform,execution of orders on behalf of clients, and custody of crypto-assets across the European Economic Area.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt