Open banking stories
Dealers and MSMEs stand to gain faster access to working capital as Punjab National Bank widens PSB Xchange's lender pool.
The campaign is meant to lift Equals' profile among finance executives as it reports double-digit growth and GBP £58 billion in transaction volume.
Digital payments, AI and open banking are set to propel the sector to USD $1,533.29 billion by 2034, the report says.
Faster instant payments and AI-led commerce are exposing fraud and infrastructure gaps, forcing banks and merchants to bolster resilience.
The tie-up could help brands target shoppers using consented banking data as open banking moves further into loyalty and advertising.
Institutions using Fireblocks can now tap OpenPayd's sterling and euro rails without extra integration, widening access to stablecoin payment flows.
Hong Kong users of Hang Seng's mobile app can now pay abroad through Alipay+, widening access to merchants in more than 55 markets.
Users could soon spend digital dollar balances at shops as the firms seek to make stablecoins usable on existing card networks.
More shoppers are completing mattress purchases after a second lender approved 17% of Simba's first-line declines, lifting order values by 50%.
The move gives UK accountants and small businesses a single workflow for supplier, expense and payroll payments as late invoices strain cash flow.
Regulators are widening scrutiny of digital finance, forcing UK fintechs to overhaul cloud, payments and data strategies to meet tougher standards.
Canadian firms can now handle cards, expenses and bill payments in one system, as Ramp targets businesses beyond the US.
Higher reliance on account-to-account payments is pushing monthly API traffic to a record 2.81 billion calls, while uptime stays high.
Retailers could soon use terminals for age checks and identity verification, as New Zealand gets an early taste of Verifone's biometric rollout.
The Grantham-based affordability technology provider is expanding beyond its Embark platform as it targets more clients and stronger customer support.
The move could let the fintech originate consumer loans nationwide and take FDIC-insured deposits, pending further regulatory approvals.
New Zealand exporters and online sellers could cut manual bookkeeping as transaction data and bills move automatically between the two platforms.
Small businesses can now access automated expense tracking and cash back as Intuit ties the new card directly to QuickBooks accounts.
UK SMEs can now spread surplus cash across more than 200 business savings accounts as Flagstone lifts its bank panel to 56.
Failed recurring charges are costing subscription firms an average 9% of revenue, prompting a push to recover payments before customers quit.