Payment Service Providers stories

Fraud losses in the UK rose to GBP £629.3m in early 2025 despite banks blocking GBP £870m in unauthorised fraud attempts, driven by online scams.

Interac has opened its e-Transfer network to more PSPs registered under Canada's new Retail Payment Activities Act, broadening access and innovation in digital payments.

MetaComp and OSL Group partner to build compliant cross-border digital finance infrastructure, linking Singapore and Hong Kong for faster, secure transactions.

Datalex partners exclusively with Gr4vy to integrate advanced payment orchestration tech, enhancing airlines' checkout and boosting payment flexibility.

The RBA will ban surcharges and cap interchange fees on card payments by mid-2026, boosting alternative methods like Account-to-Account payments.

Grammarly adopts Gr4vy’s no-code platform to expand its global payment options, enhancing flexibility and reducing transaction costs with over 400 methods.

Retailers face GBP £7 billion in rising costs due to new regulations; commercetools unveils platform updates to boost efficiency and customer loyalty.

New research reveals that Australians face annual charges of up to AUD $500 in dishonour fees from banks and platforms, worsening financial stress for many.

Cleeng has partnered with Primer to enhance global payment operations, aiming to reduce subscriber churn while boosting payment performance across markets.

Fintech executives foresee 2025 shaped by evolving fraud tactics, AI, open banking regulation, and changing consumer demands in the mortgage market.

As Black Friday approaches, retailers are urged to adopt advanced payment technologies to tackle rising fraud and ensure smooth transactions.

A report from fintech Neo reveals 95% of Payment Service Providers have faced account closures or restrictions, often without bank explanations.

As eCommerce surges towards a projected USD $9.3 trillion by 2027, merchants and payment providers must enhance security and convenience to reduce cart abandonment.

PPRO partners with Afterpay to enable US eCommerce merchants and PSPs from the US, Europe, China, and Hong Kong to offer BNPL payment options, boosting sales.

PPRO has integrated Swiss payment method TWINT, favoured by over half of Switzerland's residents, into its digital payment platform.

NomuPay expands global reach with the acquisition of Total Processing, in a bid to streamline its payment services.

Rise in online fraud prompts Payment Service Providers to seek innovative third-party solutions for prevention.

dtcpay will integrate Sumsub’s eKYC solution into its wallet platform to streamline onboarding processes, helping businesses transact efficiently and securely.

Linking any Mastercard card to the Alipay digital wallet makes e-payments in China easier, linking merchants with international visitors seamlessly.

DECTA has appointed industry veteran Scott Dawson to ramp up its strategy for UK growth and expand its regulated payment services.