Open banking Stories - Page 4

Global Stories

Open banking stories

Finexer says tax digital shift exposes SME finance gaps

Quarterly tax reporting is forcing UK SMEs to overhaul manual finance systems as real-time data becomes essential for compliance.

By Karen Joy Bacudo • 4 min read • Last month

Data Protection

Building digital trust: Data quality provides a scalable path

Trusted data can cut fraud, speed onboarding and reduce manual reviews as banks try to balance customer ease with tighter controls.

By Bud Walker • 6 min read • Last month

Software-as-a-Service

Plaid unveils foundation model for transaction data

Banks and fintech groups could classify payments more accurately after the system lifted income detection 48% and cut fee errors.

By Karen Joy Bacudo • 4 min read • Last month

Data Analytics

Paysecure and Yaspa partner to link open banking platforms

Merchants will gain a single connection to open banking payments and fraud checks as the two fintechs combine routing data and bank identity tools.

By Shannon Williams • 3 min read • Last month

Data Analytics

Personetics & Atomic partner on in-app deposit switching

Banks will be able to prompt customers to switch salary payments and bills inside their apps, aiming to boost deposit growth and track uptake.

By Catherine Knowles • 3 min read • Last month

Crypto

OpenFX raises USD $94 million to speed cross-border payments

The funding will help OpenFX expand hiring and infrastructure as it tackles slow, costly cross-border transfers for banks and fintechs.

By Karen Joy Bacudo • 4 min read • Last month

Crypto

Thunes ranks among top three in cross-border payments

Juniper Research’s latest study signals growing demand for payment networks that connect more rails, currencies and wallets across fragmented markets.

By Karen Joy Bacudo • 4 min read • Last month

Crypto

Digital wallets dominate Asia-Pacific payments, study finds

Wallet use has cemented Asia-Pacific's lead in digital payments, with Hong Kong and Thailand now shifting towards instant bank transfers.

By Mark Tarre • 4 min read • Last month

Stories from Other Regions

Open banking stories

Data Protection

Feijoa named INFINZ innovation finalist for KiwiSaver app

Round-ups of coffee and grocery buys could lift KiwiSaver balances by nearly USD $1,000 a year without changing budgets.

By Karen Joy Bacudo • 4 min read • Last month

Crypto

Bolt Group buys Beem app from Australian Payments Plus

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.

By Karen Joy Bacudo • 4 min read • Last month

Digital Transformation

FinTech Australia appoints Xero policy chief Grace Gown

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.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Fintech

Neo Financial second FinTech to join Interac network

Direct access to Interac e-Transfer gives Neo Financial more control over payment features as the network opens to non-bank providers.

By Jake MacAndrew • 3 min read • Last month

Data Protection

Mastercard & KTC test Thailand's first AI ride booking

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.

By Karen Joy Bacudo • 4 min read • Last month

Gaming

Paysafe launches crypto deposits for US iGaming brands

US iGaming operators can now let players deposit crypto and stablecoins, converting funds to dollars after verification through Paysafe’s new service.

By Karen Joy Bacudo • 4 min read • Last month