Mon.Jun 09, 2025

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RT2: A strategic transformation for UK payment providers

The Payments Association

RT2: Renewed real-time gross settlement marks transformation for UK payment providers 9 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? RT2, the UK’s new Real Time Gross Settlement service, and its transformative impact on the payments ecosystem. Why is it important? It enhances resilience, broadens access, improves interoperability, and enables innovation, thereby modernising the UK’s financial infrastructure.

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Payment Outages Threaten £1.6 Billion in UK Retail & Hospitality Sales

Fintech Finance

A new study released today reveals the staggering cost of payment system failures to UK retail and hospitality businesses, estimating losses of £1.6 billion annually. The research, conducted by FreedomPay and Dynatrace in partnership with Retail Economics , highlights the increasing frequency and impact of these disruptions on day-to-day trading, with consumers exhibiting low tolerance for delays.

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Six Minutes to Failure – How Payment Outages Drain £1.6billion from UK Businesses

The Fintech Times

UK retail and hospitality businesses are losing a whopping £1.6billion a year to payment system outages, a new study warns. These disruptions, which can last an average of 84 minutes, far exceed what most consumers are willing to tolerate, putting businesses at risk of lost revenue and reputational harm. By the time a payment system has been down for 22 minutes, total losses could reach £1.17billion, equivalent to 74 per cent of all the revenue at risk.

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How Financial Institutions Can Combat Business Email Compromise (BEC)

Fi911

Business email compromise attacks cost organizations $2.4 billion in 2021 alone , according to the FBI’s Internet Crime Complaint Center. For financial institutions, these losses represent just the tip of the iceberg. Banks and credit unions face a perfect storm of attractive targets, sophisticated attackers, and mounting regulatory scrutiny that makes BEC prevention a critical priority.

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Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

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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Why the U.S. has reached a real-time tipping point

Finextra

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Sumsub Unveils AI-Enhanced Case Management to Tackle Evolving Financial Crime

Fintech News

Sumsub has introduced a significant AI-powered update to its Case Management system. This enhanced solution serves as a comprehensive hub for financial crime investigations and is designed to streamline fragmented risk operations. Developed with input from financial crime teams and Sumsub’s existing clients, the update incorporates AI tools and automation features intended to support real-time decision-making.

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Checkout-free payments may yet rise

Payments Dive

Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows Payments industry news Let Payments Dives free newsletter keep you informed, straight from your inbox. By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Deep Dive Checkout-free payments may yet

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Cross River Launches Request for Payment (RfP) to Power Smarter, Real-Time Money Movement

Fintech Finance

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded finance solutions, announced the launch of Request for Payment (RfP), a transformative addition to its growing suite of instant payment capabilities. The capability will streamline inbound money movement and enhance funding agility across the Real-Time Payments (RTP) ® network.

RFP
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How The History of Payments Has Always Been Modernisation

Finextra

While attending EBA Day 2025, Phoebe Zhou, Head of Emerging Payments, HSBC joined the FinextraTV studio. Helping to contextualise the conversation, Zhou gave a historical reflection on how the payments industry has evolved before setting out the key modern innovations.

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Fintech Rundown: A Rapid Review of Weekly News

Finovate

The dust is still settling in the wake of Circle’s “buzzy IPO” in the words of MarketWatch. We’ll see if the fintech headlines can keep up this week! Digital banking KAF Digital Bank goes live with Temenos SaaS to bring Islamic digital banking services to customers in Malaysia. ABN AMRO’s payment app Tikkie has developed a full-service bank, BUUT, that caters to younger customers.

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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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Santander Partners With Worldpay to Support Business Banking and Corporate Customers

Fintech Finance

Santander UK has today announced a new partnership with Worldpay , a global leader in payments technology and solutions. The partnership will enable Santander Business Banking and Corporate and Commercial Banking (CCB) customers to access Worldpay services, including best-in-class e-commerce capabilities and point of sale solutions. Santander UK and Worldpay have joined forces to provide better merchant services for customers, using advanced digital technology.

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Unplugged by Fintech Tuesdays at Seamless Middle East 2025: Real Talk on Fintech Growth and Challenges

The Fintech Times

Unplugged by Fintech Tuesdays made its debut at Seamless Middle East from 20 to 22 May 2025. The initiative transformed a segment of Hall 6 into a vibrant, relaxed networking zone – a space where fintech founders, executives and builders could engage in candid dialogue Over the three days, sessions were deliberately free‑form and audience‑interactive, prioritising real stories and raw insights over polished narratives.

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Trust Payments partners with Trulioo

The Paypers

Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | Cross Border Ecommerce Research | Company Database | Events News Trust Payments partners with Trulioo Monday 9 June 2025 16:07 CET | News Trust Payments has announced its partnership with Trulioo in order to streamline verification, reduce onboarding costs, and accelerate global growth.

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Lemonway Acquires PayGreen’s Business

Fintech Finance

Lemonway , the pan-European payment institution dedicated to marketplaces and crowdfunding platforms, announces the acquisition of PayGreen’s business, a French specialist in e-commerce payments. Founded in 2016, PayGreen has established itself in the restaurant, tourism, and leisure sectors. The Rouen-based company offers payment solutions including meal vouchers and holiday cheques, as well as tools for calculating the carbon emissions of online orders and a “round-up” system that allows each

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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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Lemonway acquires PayGreen to expand its ecommerce presence

The Paypers

Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | Cross Border Ecommerce Research | Company Database | Events News Lemonway acquires PayGreen to expand its ecommerce presence Tuesday 10 June 2025 08:21 CET | News Lemonway , a payment institution, has acquired PayGreen ’s business, aiming to extend its presence in the ecommerce sector.

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Banking’s Turning Point: Seven Imperatives for Reclaiming Relevance in the Digital Age

The Fintech Times

Banks are at a crossroads. Caught between outdated systems and rising digital expectations, they risk falling behind as nimbler, customer-focused challengers gain ground. Carl Hasty, CEO of CoBa , a fintech platform helping banks modernise their digital services, has been speaking with leaders across banking and fintech about where the industry goes next.

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Block has found the key to unlocking credit for millions of Americans – don’t use credit scores

Payments Dive

Skip to main content Dont miss tomorrows Payments industry news Let Payments Dives free newsletter keep you informed, straight from your inbox. By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Sponsored Block has found the key to unlocking credit for mi

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JPMorgan opens Fintech Forward programme in the UK

Finextra

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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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Bias Detection in Automated Loan Processing: Ensuring Fair Lending Practices

Finezza

India ͏has nearl͏y 500 million͏ a͏d͏ults without a formal cre͏dit͏ his͏to͏ry,͏ and digita͏l lend͏ing platf͏or͏ms using Automated Loan Processing now reach over 1͏50 mill͏ion of them. These p͏lat͏forms ass͏ess hundreds of ind͏ica͏t͏ors͏—income,͏ bill payments, mobil͏e usage—p͏rov͏idi͏ng loan dec͏isions with͏in ͏secon͏ds. Despi͏te͏ this, the re͏liance o͏n auto͏m͏ated decision-making introduces th͏e risk of unintentionally per͏petua͏ting e͏xisting s͏o͏cial […] The post Bias Detection in Autom

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Tether invests in Orionx to advance digital assets in Latin America

The Paypers

Tether has announced its investment in Orionx to advance financial inclusion and optimise digital payment channels across emerging markets, including Latin America.

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Lemonway acquires PayGreen

Finextra

Lemonway, the pan-European payment institution dedicated to marketplaces and crowdfunding platforms, announces the acquisition of PayGreen’s business, a French specialist in e-commerce payments.

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Selfbook Chooses PayPal as Commerce Partner

PayPal

PayPal will power payments for Selfbook's recent integration with Perplexity Selfbook will integrate PayPal and Venmo as payment options for its hotel customers Selfbook's network of hotels will be featured on the PayPal app Selfbook will leverage PayPal's Enterprise Payments for all direct card processing

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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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Cross River signs Plaid as first customer for new Requests-for-Payments feature

Finextra

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded finance solutions, announced the launch of Request for Payment (RfP), a transformative addition to its growing suite of instant payment capabilities.

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KAF Digital Bank partners with Temenos

The Paypers

KAF Digital Bank has announced that it will go live on Temenos SaaS in order to optimise Islamic digital banking for customers and businesses in Malaysia.

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News & Views | Episode 202: Persistence of Physical Cards & Revoluts Branded ATM

The Fintech Times

On this week’s episode of News & Views, The Fintech Times podcast team discuss all things physical payments and banking, delving into a new report and Revolut ‘s latest announcement. Polly and Tom sit down for the first time following Money20/20 Europe for an episode focused on physical, in a fintech world where the focus is increasingly digital.

ATM
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LANDI expands its partnership with NMI with the launch of LANDI M20SE

The Paypers

LANDI has announced the expansion of its partnership with NMI in order to launch LANDO M20SE, a cost-effective Android device configured for Tap to Pay.

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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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Worldpay scores new business distribution channel with Santander UK

Finextra

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First Internet Bank automates due diligence with gen AI

Bank Automation

First Internet Bank is upgrading its loan origination process with automation. The $6 billion digital bank is tapping Greenlite AI’s generative AI technology solution to streamline due diligence for loan decisioning, First Internet Bank Chief Executive David Becker told Bank Automation News. Prior to implementing Greenlite AI in September 2024, it took the bank half […] The post First Internet Bank automates due diligence with gen AI appeared first on Bank Automation News.

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NeverPay introduces 'buy now, pay never' crypto payments

Finextra

NeverPay announces the launch of its crypto-based payment system designed to let users make purchases without selling their digital assets or entering into debt.

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Confidence is a ‘Dangerous Attitude’ as Identity Fraud Evolves at Rapid Pace, Warns Report

The Fintech Times

Identity fraud could be quickly becoming the next major challenge for businesses, with 59 per cent of firms reporting these types of attempts increasing compared to one year ago, according to new research. The findings come from a new identity fraud report from digital identity and fraud prevention solution provider Signicat and cybersecurity training firm Red Goat Cyber Security.

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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