Open banking stories
Cross-border transfer costs may fall as nearly half of banks and fintechs are already using or piloting stablecoins, ACI Worldwide says.
Fintechs and payment platforms can now offer branded accounts and cross-border transfers without juggling multiple banking and compliance providers.
Local banks approved in-country gaming payments 8.4 percentage points more often than cross-border routes, Appcharge said.
Wealth managers gain AI access to client holdings, transactions and reporting across banks as Perplexity broadens its regulated data network.
Households could benefit from payment plans that match irregular incomes, as energy suppliers seek to curb rising arrears and debt.
Businesses using OpenPayd can now settle cross-border transfers in seconds while keeping payments in fiat and avoiding blockchain complexity.
The plan could speed testing for new financial products and shape rules on data sharing, payments and digital assets across the sector.
Aiming to lure overseas capital, the country's six-year plan also targets 5,000 trained specialists and fresh cross-border payment links.
The new system aims to spare education finance teams month-end corrections by aligning spending with budgets from the outset.
For SMEs, faster lending is no longer enough as supply-chain shocks and volatile costs can make a quick answer the wrong one.
Businesses can now tap customer-approved bank and energy data in hours, as Biza.io's new feed cuts integration costs and compliance hurdles.
Customers will be able to link bank accounts securely as the app replaces manual uploads with consented data under Australia's Consumer Data Right.
The bigger invite-only gathering signals LoanPro's push to become a key meeting place for lenders as it adds sessions on AI, fraud and regulation.
For smaller lenders, the rankings offer evidence that digital banking spend can translate into faster customer and deposit growth against larger rivals.
Asian firms want faster FX hedging, but weak bank API links could slow automation in treasury systems despite rising AI adoption.
Eligible ProphetX users can now fund accounts around the clock, as real-time transfers and higher limits aim to ease trading outside bank hours.
Investment fell by more than 40 per cent year on year as Canadian fintech deals shrank to 47, despite a second-quarter rebound.
More than half of UK adults now use mobile wallets, increasing pressure on banks and merchants as cash slips below 10% of payments.
Small firms using the app can now automate tax set-asides and invoice checks as banks race to curb fraud and cut admin.
Fraud controls are becoming a deal-breaker, with more than two in five consumers saying they could switch banks over authentication alone.