Open banking stories
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.
Authenticated AI payments in Singapore and Malaysia could set the standard for cross-border commerce, with banks weighing fraud and consent risks.
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.
Banks and fintech groups could classify payments more accurately after the system lifted income detection 48% and cut fee errors.
Merchants will gain a single connection to open banking payments and fraud checks as the two fintechs combine routing data and bank identity tools.
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.
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.
Direct access to Interac e-Transfer gives Neo Financial more control over payment features as the network opens to non-bank providers.
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.
Cost-of-living pressure is nudging MAS members towards tiny automatic KiwiSaver top-ups as Feijoa rounds up card spending.
New Zealand users can now hold Bitcoin directly as the rebranded platform adds a self-custody wallet, bill payments and recurring buys.