Mon.Jun 09, 2025

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

PayPal 97
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

JPMorgan opens Fintech Forward programme in the UK

Finextra

Sign in Sign up News Latest news Company updates Long reads TV Research Events All Conferences Webinars Popular Community Community latest Latest expert opinions Groups Search members Jobs APIs Sign in Sign up News Back News Latest news Company updates Long reads TV Research Events Back Events All Conferences Webinars Popular Community Back Community Community latest Latest expert opinions Groups Search members Jobs APIs payments markets retail wholesale wealth regulation crime crypto sustainabl

FinTech 75

More Trending

article thumbnail

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.

article thumbnail

Worldpay scores new business distribution channel with Santander UK

Finextra

Sign in Sign up News Latest news Company updates Long reads TV Research Events All Conferences Webinars Popular Community Community latest Latest expert opinions Groups Search members Jobs APIs Sign in Sign up News Back News Latest news Company updates Long reads TV Research Events Back Events All Conferences Webinars Popular Community Back Community Community latest Latest expert opinions Groups Search members Jobs APIs payments markets retail wholesale wealth regulation crime crypto sustainabl

article thumbnail

Oradian Expands Footprint to Indonesia, Joins National Fintech Association

Fintech News

Core banking software provider Oradian has entered the Indonesian market and joined the Indonesian Fintech Association (AFTECH) as its first international member. The move marks a strategic step in the company’s regional expansion and its aim to support financial institutions in Southeast Asia’s largest economy. Indonesia’s fintech sector continues to grow rapidly, driven by strong digital adoption and government support for financial inclusion.

FinTech 78
article thumbnail

Wex eyes HSA benefit from budget amid pressure

Payments Dive

The payments software company may get a boost if the U.S. budget allows for more consumer health savings accounts. It could use a lift, given recent shareholder dismay.

article thumbnail

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

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

Finextra

Sign in Sign up News Latest news Company updates Long reads TV Research Events All Conferences Webinars Popular Community Community latest Latest expert opinions Groups Search members Jobs APIs Sign in Sign up News Back News Latest news Company updates Long reads TV Research Events Back Events All Conferences Webinars Popular Community Back Community Community latest Latest expert opinions Groups Search members Jobs APIs payments markets retail wholesale wealth regulation crime crypto sustainabl

article thumbnail

PayU GPO Strengthens Africa Presence with A2A Rollout and Senior Appointment

Fintech Finance

PayU GPO , the leading online payment service provider operating in over 40 emerging markets, announces a major step forward in its commitment to Africa, unveiling the launch of Account-to-Account (A2A) payments in Nigeria and the appointment of Ryan Engel as the new Country Manager for South Africa. This investment reflects PayU GPO’s broader strategy to drive financial inclusion and modernise the continent’s payment infrastructure, while responding to rapidly shifting consumer preferences.

PCI DSS 52
article thumbnail

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.

article thumbnail

Walmart's OnePay adds credit cards to financial services portfolio

Finextra

Walmart's fintech unit OnePay is to add credit cards to its expanding portfolio of financial services.

article thumbnail

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 52
article thumbnail

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.

article thumbnail

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.

article thumbnail

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?

article thumbnail

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.

article thumbnail

FCA sets up 'Supercharged Sandbox' for AI experimentation

Finextra

The UK's Financial Conduct Authority is to set up a 'Supercharged Sandbox' to help firms experiment with innovative AI applications.

AI 72
article thumbnail

Card-Carrying Britain – Survey Finds Two Thirds of Shoppers Sticking With Physical Payments Cards

Fintech Finance

British shoppers refuse to be parted from physical payments cards, despite the huge popularity of digital services like Apple Pay and Google Pay, new figures from ad enabled payments company Zilch revealed. The findings from a Zilch poll come as Zilch launches its first physical card, offering benefits for customers however they choose to pay. Two thirds (66%) of consumers insist on carrying physical cards every day, rather than relying on their phones to make payments.

article thumbnail

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

article thumbnail

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

article thumbnail

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

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

AEON Moves to Void PTF Acquisition Deal with SeABank Citing Financial Discrepancies

Fintech News

AEON Financial Service has claimed its agreement to acquire Post and Telecommunication Finance Company Limited (PTF) is invalid after discovering “inappropriate accounting transactions” at the Vietnamese finance company. The discovery was made during the post-merger integration process following the acquisition of PTF from Southeast Asia Commercial Joint Stock Bank, known as SeABank.

Void 69
article thumbnail

PayU introduces A2A payments in Nigeria

Finextra

PayU GPO, the leading online payment service provider operating in over 40 emerging markets, announces a major step forward in its commitment to Africa, unveiling the launch of Account-to-Account (A2A) payments in Nigeria and the appointment of Ryan Engel as the new Country Manager for South Africa.

article thumbnail

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.

article thumbnail

Barclays to roll out Microsoft Co-Pilot to 100,000 staff

Finextra

Sign in Sign up News Latest news Company updates Long reads TV Research Events All Conferences Webinars Popular Community Community latest Latest expert opinions Groups Search members Jobs APIs Sign in Sign up News Back News Latest news Company updates Long reads TV Research Events Back Events All Conferences Webinars Popular Community Back Community Community latest Latest expert opinions Groups Search members Jobs APIs payments markets retail wholesale wealth regulation crime crypto sustainabl

article thumbnail

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