Open banking stories - Page 2

Visa has completed the UK's first commercial variable recurring payment using its A2A account-to-account solution with Kroo, Tink, and Utilita.

InDebted appoints Michael Chatfield as Managing Director to spearhead Australian expansion amid evolving collections market and rising digital demand.

Australian banks must invest in secure, reliable databases to meet rising customer expectations, comply with new privacy laws, and prevent costly downtime.

Payments now make up 55% of global fintech revenues at USD $126 billion, driven by innovation, regulation, and demand for instant, secure transactions.

Yaspa won the Real-Time Payments Innovation award for its AI-powered platform that streamlines instant bank transfers and KYC verification across the UK and Europe.

Structured data is transforming banking by enabling personalised services, smarter AI, and faster innovation through cloud-native systems, boosting client trust.

Sterling Lotteries teams up with Yaspa to offer instant Pay by Bank transfers, cutting costs and speeding up charity lottery payments across the UK.

MojoTip teams up with Ecommpay to offer real-time digital tipping and instant payouts, boosting cashless tipping across Europe and beyond.

DE-CIX forecasts a 2026 AI revolution in finance, healthcare and manufacturing, driven by emotion AI, healthcare connectivity, and agentic AI systems.

Canadian tech and finance leaders call for open banking reforms and streamlined regulations to boost innovation ahead of the federal budget announcement.

India's healthcare and finance sectors are prioritising cybersecurity, combining advanced tech and cultural change to safeguard patient data and digital transactions.

eToro launches AUD accounts and local features for Australians, reducing conversion costs and expanding ASX stock access for a tailored trading experience.

FICO has secured ten new patents to enhance Responsible AI, boosting transparency and fraud prevention across numerous sectors globally.

DBS has been named the World's Best AI Bank, recognised for its innovation and responsible AI use across retail and corporate banking services.

Givealittle uses advanced technology to streamline donations, boosting NZD $325 million given locally and reshaping New Zealand’s culture of generosity.

Mobile wallets are gaining popularity with young UK shoppers, while older generations continue to prefer debit and credit cards for online purchases.

The Emerging Payments Association of Asia urges APAC payments firms to urgently bolster defences against quantum computing risks, highlighting a major security gap.

Two-thirds of US banks face rising payment system outages amid struggles with modernisation, delayed projects, and a growing expertise gap, says RedCompass Labs.

Galaxy Digital's CEO predicts AI agents will soon be the biggest users of stablecoins, merging smart finance with instant digital payments in everyday life.

Ecommpay won Silver at the 2025 eCommerce Awards for its payment innovation, also shortlisted for the RTIH Innovation Awards in Payments Innovation.