Open banking stories
Cash and card firms stand to gain from Paymentology's Australian push, which links local rails with global schemes and key domestic partners.
The app’s 3 million users will see no immediate changes as ownership shifts to Bolt Group, with the deal due to complete by June.
The appointment comes as Australia’s fintech sector pushes for rules that could lift its economic contribution from $13.6 billion to $38 billion by 2035.
Banks could cut manual treasury work for business clients as the new link feeds ERP and accounting data straight into banking systems.
Higher balances and faster transfers are helping Wise deepen its cross-border network as it prepares a Nasdaq primary listing in 2026.
Australian accommodation operators may soon face higher payment costs as a card surcharge ban pushes them towards bank-to-bank alternatives.
Banks modernising payments infrastructure are under pressure to balance speed, compliance and control as Icon expands in Asia and EMEA.
Quarterly tax reporting is forcing UK SMEs to overhaul manual finance systems as real-time data becomes essential for compliance.
Trusted data can cut fraud, speed onboarding and reduce manual reviews as banks try to balance customer ease with tighter controls.
Customers can now move money in seconds at any time, as SoFi becomes one of the first banks to support both FedNow sending and receiving.
Banks and credit unions under pressure to adopt AI can now deploy governed agents in production, with MX partnership support and seed backing.
Small firms and mortgage seekers could gain faster access to credit as the regulator widens permissioned data sharing beyond open banking.
Morningstar users should see no immediate change as the firm keeps using ByAllAccounts after selling the data aggregation unit to Pello.
Round-ups of coffee and grocery buys could lift KiwiSaver balances by nearly USD $1,000 a year without changing budgets.
Direct access to Interac e-Transfer gives Neo Financial more control over payment features as the network opens to non-bank providers.
AI-led payments are moving into Thailand’s checkout process, with a controlled pilot showing how a ride can be booked and paid for automatically.
US iGaming operators can now let players deposit crypto and stablecoins, converting funds to dollars after verification through Paysafe’s new service.
Recurring billing firms could cut costs and failed collections as 73% say card payments still cause persistent operational headaches.
Authenticated AI payments in Singapore and Malaysia could set the standard for cross-border commerce, with banks weighing fraud and consent risks.
Cost-of-living pressure is nudging MAS members towards tiny automatic KiwiSaver top-ups as Feijoa rounds up card spending.