Payment card being tapped on a terminal

29 January 2025

Polar Moment’s Payments Perspective: January 2025

The latest developments from the PSR, new appointments at Pay.UK, and GPT's new unattended cashless solution.

Payment Systems Regulator Strategy

The PSR has outlined its two-year strategy to support competition, innovation, and growth in the UK payments sector. Building on progress since 2022, including protections against APP fraud, advances in open banking, and card fee reviews, the PSR aims to ensure secure, accessible, and innovative payment systems. Key commitments include embedding fraud reimbursement requirements, upgrading the Faster Payments system, and fostering innovation by removing barriers and collaborating with regulators, businesses, and stakeholders.

Read more here: PSR sets out updated strategy to deliver competition, innovation, and growth. (opens in a new tab)

Former HSBC Executive Joins Pay.UK

Pay.UK has appointed Fiona Bradshaw as its new director of payments, a role focused on payment operations, fraud operations, and customer onboarding. With over 25 years of experience in payments and transaction banking, including leadership roles at HSBC, RBS, and the FCA, Bradshaw will work alongside the director of technology as part of Pay.UK’s chief operating office leadership team.

Read more here: Pay.UK appoints Fiona Bradshaw to new role as director of payments (opens in a new tab).

Unattended Cashless Solution

Game Payment Technology (GPT) has developed a cashless solution for coin-operated multi-hopper capsule vending machines. This solution was showcased earlier this month on the All Things Nice Vending (opens in a new tab) stand at the EAG exhibition in partnership with Miura and Shift4. The Polar Moment-developed payment controller works alongside a Miura payment terminal, coordinating transactions across all connected vending hoppers.

Read the full article here: GPT Showcases Unattended Cashless Solution at EAG 2025 (opens in a new tab).