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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?

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Visa, FIS boost value-added card services

Payments Dive

Justin Sullivan via Getty Images Dive Brief: Visa and Fidelity National Information Services (FIS) have expanded their partnership to provide new value-added services to financial institutions in a bid to level the playing field for smaller regional and community banks competing with bigger banks, the payment giants said Thursday in a press release.

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The battle for merchant deposits: How the fintech sector is challenging banks’ core business

The Payments Association

As fintechs’ superior payment solutions lure away more merchants, banks stand to lose processing revenue and all-important settlement deposits. These relationships then allow banks to cross-sell other products and services, such as business loans, lines of credit, and cash management solutions.

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Live Oak Bank Implements Finzly’s Fedwire Solution

Finovate

Finzly’s Fedwire solution provides instant settlement, real-time visibility, and complete automation for Fedwire payments. Banks benefit from not only faster settlements, streamlined payments, and automation of key tasks, but also from the ability to seamlessly support multiple cores.

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Inside Scoop on the Profitability Rebound Sea Limited Had in 2024

Fintech News

Logistics-related value-added services also grew 21%, reflecting increased internalisation and scale. General and administrative expenses increased 11.7%, though this included one-time legal settlement costs. Shopees revenue growth came not just from more transactions, but higher monetisation. billion in Q4. year-on-year.

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Payroc Completes Acquisition of Agilisa Technologies

Fintech Finance

Their expertise will accelerate feature development for settlement, reporting, tokenization services, and point-of-sale integrations. “Merchants and partners will benefit from reduced complexity, faster integration, and access to our full suite of value-added services.”

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BPC Launches New Report Exploring the Future of Next-Generation Acquiring in the Digital Economy

Fintech Finance

Merchants are seeking acquiring partners that can facilitate international transactions while managing currency conversion, settlement speed and local compliance requirements. Our latest report highlights the urgent need for acquirers to modernise their systems to deliver next generation value-added services and ensure compliance.