Open banking stories
Easier consent and wider bank access could lift Consumer Data Right use to more than 18 million Australians by 2035, the modelling says.
Australian exporters gain a real-time cash-flow boost as PayTo lets them top up World Accounts instantly, even on holidays.
The shortlist comes as the sector weighs new rules on payments, scams and data rights, with 160 finalists vying across 22 categories.
Australian platforms facing tougher age-check rules can now verify users through bank data, without collecting passports or licences.
The tie-up gives fintechs and digital banks a quicker route into Australia’s fast-growing card and mobile payments market.
The neobank is widening its investing offer as retail demand grows, while new fraud checks now cover every payment, stock trade and crypto deal.
AI agents are set to erode ad-funded web traffic, forcing businesses to pivot from screen-based funnels to metered API revenue.
Banks face a costly overhaul as EU rules will soon make digital identity wallets mandatory for strong customer authentication, reshaping onboarding and fraud checks.
The new platform aims to cut routine bookkeeping for small firms by automating payments, reconciliation and tax prep while keeping users in control.
Banks are under pressure to modernise legacy systems and prove where AI can improve service, risk control and security at scale.
Businesses sending funds into New Zealand can now settle in local currency faster, as Thunes adds real-time bank transfers to its Asia-Pacific network.
Canadian customers could get faster, cheaper transfers as Wise moves closer to direct access to the country’s real-time payments network.
Backed through to 2027, the fintech body can expand work on SME finance and digital verification with new government and bank support.
More than half of Americans used AI to manage money last year, as consumers increasingly expect financial apps to offer guidance, not just data.
Wider use of new financial health tools could help 200,000 more UK SMEs a year secure lending, CFIT said after testing prototypes.
UK Xero users can now manage supplier, expense and employee payments in one place as Dext expands its payments tool with payroll.
Higher rates and tougher investor scrutiny are forcing mid-tier fintechs into sales, restructuring or shutdown as capital pools shrink.
Customers can now freeze cards or check spending by text or voice, as Revolut joins banks racing to make finance apps conversational.
The round-up savings app says its users are adding AUD $2 million a year to KiwiSaver accounts as it seeks wider growth.
UK savers are missing billions in retirement funds, as the platform tracked 61,858 pots in the quarter, up 497% year on year.