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ACI Worldwide: Real-time payments key to fostering UK economic growth

A new report by ACI Worldwide suggests a theoretical 2.7% annual bump to the country's GDP if all payments in the UK are real-time.

UK Finance reveals rise of 39% of APP fraud in 2021

Losses in stolen money due to Authorised Push Payments (APP) is up 39% from last year, according to the latest figures released by UK...

LHV UK launches Confirmation of Payee to help tackle APP fraud

LHV UK, a banking service provider, has announced that its Confirmation of Payee (CoP) service is now live for all its direct clients. Launched in...

Answer Pay launches repository to enable Request to Pay services

Answer Pay has launched the UK’s first certified repository, creating a significant step in enabling Request to Pay services.Banks and payment service providers...

PPS confirms direct participation in Pay.UK’s Faster Payments Scheme

Edenred subsidiary PPS has confirmed its direct participation in Pay.UK’s Faster Payments Scheme, which will allow it to offer real-time payments for its fintech...

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