Open banking stories
Australia's financial regulator sees artificial intelligence and easier rules helping startups turn a strong funding base into faster growth.
Tighter oversight is pushing card sponsorship beyond market entry, with RS2 arguing firms now need stronger controls over processing, fraud and settlement.
The merger could give OpenPayd up to USD $276 million to fund US expansion and product work as it prepares a Nasdaq listing.
Mid-market finance teams can now cut manual reconciliation and fee-tracking work as payments move inside AccountsIQ, with real-time status updates.
The appointment bolsters Yaspa's push into North American gaming, as it seeks to win more operators needing payment and compliance tools.
Businesses across Europe will gain virtual accounts and multi-currency payments as the tie-up helps Marqeta meet local rules in 30 new markets.
Retail customers in Georgia can now buy and sell 30 cryptocurrencies inside TBC's banking app, as monthly active users on its brokerage platform rise 42%.
Growing fears over disruption are pushing consumers and providers to favour European control of payments as reliance on US networks deepens.
Recurring bank payments could soon replace some cards and direct debits as UK Payments Initiative rolls out a new open banking scheme.
Recurring payments can now be authorised directly from UK bank accounts, with live use already underway for investing and rent.
The recognition could boost MANSA's appeal to payment operators as cross-border firms seek faster settlement and less capital tied up abroad.
Businesses could cut card fees and automate collections as recurring Pay by Bank opens to wider use through the UK Payments Initiative scheme.
Businesses using the platform should see simpler access to accounts, cards and foreign exchange as the group unites under one brand.
The tie-up could speed digital banking upgrades and AI adoption across UOB's Asian markets, with pilots likely in Vietnam and beyond.
The framework aims to give households control over energy data as the sector builds a common consent system for flexible tariffs and services.
European merchants will gain a bank-based alternative to card lending as TrueLayer folds Dutch fintech In3 into its checkout network.
Business customers and retailers can now use open banking payments and data sharing in one app, ahead of regulation by six months.
Fragmentation could slow Aotearoa's payments overhaul unless industry and government align on standards, identity and resilience.
Home movers could face fewer repeated requests as property firms seek to curb delays and duplication in anti-money laundering checks.
Customers will soon be able to manage savings, spending and borrowing for family and business in one place as the firm broadens beyond investing.