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Open banking stories

Moneyhub powers Paragon's new Open Banking Cash ISA
Data Analytics

Moneyhub powers Paragon's new Open Banking Cash ISA

The app's first Cash ISA lets savers move money automatically from current accounts, as Spring passes GBP £1 billion in deposits.

By Karen Joy Bacudo • 4 min read • 2 days ago
Utilities & telecoms firms face widespread payment woes
Fintech

Utilities & telecoms firms face widespread payment woes

Payment disruptions are worsening customer experience at utilities and telecoms firms, with 99% of respondents reporting some form of issue.

By Mark Tarre • 3 min read • Last week
Ecommpay launches podcast on payment issues for merchants
Data Analytics

Ecommpay launches podcast on payment issues for merchants

Merchants will hear practical advice on approvals, AI and expansion as Ecommpay tries to simplify a crowded payments market.

By Sofiah Nichole Salivio • 4 min read • Last week
Monzo launches automated debt consolidation with ClearScore
Fintech

Monzo launches automated debt consolidation with ClearScore

Automating repayments could ease strain for borrowers juggling multiple debts, as the bank aims to cut admin and improve approval odds.

By Karen Joy Bacudo • 5 min read • Last week
Open Banking fraud stays below wider UK payments rates
Fintech

Open Banking fraud stays below wider UK payments rates

Fraud losses in Open Banking remain lower than in the wider UK payments market, but scam tactics are shifting as usage expands.

By Karen Joy Bacudo • 4 min read • Last week

Global Stories

Open banking stories

Fourthline & Veridas merge in identity verification push
Software-as-a-Service

Fourthline & Veridas merge in identity verification push

Demand for digital identity checks is rising as fraud and compliance risks mount, with the merged group spanning more than 50 countries.

By Mark Tarre • 4 min read • Yesterday
Visa launches AI financial assistant for bank apps
Data Protection

Visa launches AI financial assistant for bank apps

Banks can keep customers inside their apps as Visa rolls out chat-based spending insights, card controls and account guidance.

By Karen Joy Bacudo • 4 min read • Yesterday
CSI acquires Qolo to expand embedded finance offering
Digital Transformation

CSI acquires Qolo to expand embedded finance offering

The deal gives community banks more tools to compete with larger rivals as demand rises for embedded finance, real-time payments and cash visibility.

By Karen Joy Bacudo • 4 min read • Yesterday
Flex raises USD $70 million as it launches UK service
Software-as-a-Service

Flex raises USD $70 million as it launches UK service

The new capital will fund Flex's overseas expansion after annualised revenue tripled and its valuation more than doubled to USD $1.2 billion.

By Joseph Gabriel Lagonsin • 4 min read • 2 days ago
SBS launches AI foundation for banks on existing systems
Software-as-a-Service

SBS launches AI foundation for banks on existing systems

The rollout could help more than 1,500 institutions use generative AI on trusted in-house data without disrupting core banking operations.

By Karen Joy Bacudo • 3 min read • Last week

Stories from Other Regions

Open banking stories

Chexy adds Mastercard for Canadian bill payments and rewards
Fintech

Chexy adds Mastercard for Canadian bill payments and rewards

Canadians can now earn card rewards on rent and other household bills as the platform broadens access to recurring payments.

By Karen Joy Bacudo • 3 min read • Yesterday
Adyen Canada joins Payments Canada in membership boost
Fintech

Adyen Canada joins Payments Canada in membership boost

The move gives the Dutch fintech a direct voice in shaping Canada's payments rules as membership rules widen beyond banks.

By Joseph Gabriel Lagonsin • 4 min read • 3 days ago
Fig Financial tops CAD $500 million in Canadian lending
Fintech

Fig Financial tops CAD $500 million in Canadian lending

The milestone underscores rising demand for online borrowing as 40% of applications came outside normal banking hours, Fig said.

By Sofiah Nichole Salivio • 4 min read • 3 days ago
Australia finally has a vision for A2A payments - now comes the hard part
Fintech

Australia finally has a vision for A2A payments - now comes the hard part

Businesses could still face costly disruption unless Australia turns its account-to-account payments blueprint into systems people can actually use.

By Chris Jewell • 5 min read • 3 days ago
Biza wins four CDR lenders & adds three executives
Software-as-a-Service

Biza wins four CDR lenders & adds three executives

Its early lead in Australia's Consumer Data Right non-bank lending rollout now spans more than half of the first wave of lenders, while adding three executives.

By Karen Joy Bacudo • 4 min read • 4 days ago
Nium acquires Cypher to expand digital assets push
Crypto

Nium acquires Cypher to expand digital assets push

The deal gives Nium specialist wallet and on-chain expertise as demand rises for payments that link cards, transfers and stablecoins.

By Sofiah Nichole Salivio • 4 min read • Last week
Bank of Sydney goes live on Infosys Finacle on AWS
Software-as-a-Service

Bank of Sydney goes live on Infosys Finacle on AWS

Customers at Bank of Sydney should see faster payments and more self-service after its core banking systems moved to AWS.

By Karen Joy Bacudo • 3 min read • Last week