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Open banking Stories

Australian Stories

Open banking stories

Nexo launches crypto-backed credit lines in Australia
Fintech

Nexo launches crypto-backed credit lines in Australia

Eligible Australians can now borrow against cryptocurrency without selling it, as the product sits under the country's consumer credit rules.

By Karen Joy Bacudo • 4 min read • Last week

Global Stories

Open banking stories

Intelligent flexible Payments: A new approach to reducing preventable debt
Fintech

Intelligent flexible Payments: A new approach to reducing preventable debt

Households could benefit from payment plans that match irregular incomes, as energy suppliers seek to curb rising arrears and debt.

By Graham Scanlon • 5 min read • Yesterday
OpenPayd links with Circle for faster cross-border fiat
Fintech

OpenPayd links with Circle for faster cross-border fiat

Businesses using OpenPayd can now settle cross-border transfers in seconds while keeping payments in fiat and avoiding blockchain complexity.

By Karen Joy Bacudo • 4 min read • Yesterday
Credolab joins FICO Marketplace for behavioural credit
Fintech

Credolab joins FICO Marketplace for behavioural credit

Borrowers with thin credit files could be easier to score as FICO clients gain access to Credolab's behavioural risk and fraud tools.

By Karen Joy Bacudo • 4 min read • 3 days ago
Fasset raises USD $68 million in Series C led by SBI
Crypto

Fasset raises USD $68 million in Series C led by SBI

The valuation lifts Fasset into the ranks of privately held fintechs worth more than USD $1 billion as it expands cross-border settlement.

By Karen Joy Bacudo • 4 min read • 3 days ago
Ecommpay shortlisted in three Fin.Tech Marketing awards
Artificial Intelligence

Ecommpay shortlisted in three Fin.Tech Marketing awards

Recognition for Ecommpay's rebrand and AI-led marketing comes as the payments firm is named a finalist in three award categories.

By Sofiah Nichole Salivio • 3 min read • Last week
Rain launches payments alliance for agentic commerce
Digital Transformation

Rain launches payments alliance for agentic commerce

Card networks and fintech groups are trying to set rules for AI-driven purchases before a projected USD $3 trillion market fragments.

By Karen Joy Bacudo • 4 min read • Last week
Inter links Brazil & US payments to TerraPay wallets
Fintech

Inter links Brazil & US payments to TerraPay wallets

The tie-up gives Inter faster bank-to-wallet reach for remittances and corporate payouts as digital wallets gain ground in global payments.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Midnite launches Pay by Bank for instant UK payouts
Fintech

Midnite launches Pay by Bank for instant UK payouts

UK bettors can now move funds in and out of Midnite in a few taps, as the operator adds instant bank payments through TrueLayer.

By Karen Joy Bacudo • 4 min read • Last week

Stories from Other Regions

Open banking stories

UK cash use falls below 10% as digital payments rise
Blockchain

UK cash use falls below 10% as digital payments rise

More than half of UK adults now use mobile wallets, increasing pressure on banks and merchants as cash slips below 10% of payments.

By Karen Joy Bacudo • 5 min read • Yesterday
Starling launches AI assistant for small business customers
Data Protection

Starling launches AI assistant for small business customers

Small firms using the app can now automate tax set-asides and invoice checks as banks race to curb fraud and cut admin.

By Karen Joy Bacudo • 3 min read • 2 days ago
Consumers may switch banks over authentication, says survey
Multi-factor authentication

Consumers may switch banks over authentication, says survey

Fraud controls are becoming a deal-breaker, with more than two in five consumers saying they could switch banks over authentication alone.

By Karen Joy Bacudo • 3 min read • 3 days ago
Canadian small businesses unaware of open banking law
Software-as-a-Service

Canadian small businesses unaware of open banking law

Many still share banking logins with advisers as a survey found 82% of owners had not heard of Canada's new open banking law.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Frost Bank lifts digital account openings with Blend
Data Analytics

Frost Bank lifts digital account openings with Blend

Digital onboarding now takes six to seven minutes at Frost Bank, as manual reviews dropped and customer acquisition improved.

By Karen Joy Bacudo • 4 min read • Last week
Personetics & Plaid team up to boost bank engagement
Fintech

Personetics & Plaid team up to boost bank engagement

Banks could keep customers on their own apps more easily as Personetics and Plaid combine account data to flag savings and debt moves.

By Karen Joy Bacudo • 5 min read • Last week
Krak launches multi-asset debit card for US shoppers
Crypto

Krak launches multi-asset debit card for US shoppers

US shoppers can now spend crypto and other holdings in dollars, with Krak's new card offering up to 2% cashback and real-time conversion.

By Karen Joy Bacudo • 4 min read • Last week
Ripple partners Jeonbuk Bank on cross-border remittances
Digital Transformation

Ripple partners Jeonbuk Bank on cross-border remittances

South Korean businesses could see faster overseas payments as Jeonbuk Bank adopts Ripple Payments, cutting delays and fees on remittances.

By Karen Joy Bacudo • 4 min read • Last week