Fintech Insider Podcast by 11:FS 1040. News: Is this a once in a generation opportunity to change up the UK payments system?
Feb 23, 2026
Breno Oliveira, CPO at Payable, simplifying business payments and fighting fraud. Samantha Emery, FS executive and NED, focused on inclusion, risk and innovation. Sophie Condie, CEO of ShieldPay, expert in client-money and complex payments. They discuss business time lost to fraud, UK plans to reshape payments infrastructure, A2A and interoperability, fintech investment rebound, and stablecoins for complex treasury use.
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Fraud Costs Leaders A Full Month Annually
- UK retail leaders spend an average of 166 hours a year managing fraud, turning fraud into a leadership time cost not just a financial loss.
- Breno Oliveira's Payable study found merchants sacrifice growth and customer loyalty, and fragmented data prevents effective industry-wide prevention.
Unify Data And Passport Controls To Reduce Fraud
- Use unified, shareable data and ecosystem collaboration to fight fraud without adding checkout friction.
- Breno recommends PSPs leverage their data, and Sophie suggests passporting layered controls across players to retain autonomy.
Agentic Commerce Will Break Today's Fraud Signals
- AI and emerging agentic commerce will massively complicate fraud detection, invalidating some current signals like geolocation and behavior profiling.
- Samantha Emery warns we haven't grounded current fraud models before adding agentic complexity, increasing the need for regulatory coordination.