Open banking stories
Card networks and fintech groups are trying to set rules for AI-driven purchases before a projected USD $3 trillion market fragments.
The tie-up gives Inter faster bank-to-wallet reach for remittances and corporate payouts as digital wallets gain ground in global payments.
UK bettors can now move funds in and out of Midnite in a few taps, as the operator adds instant bank payments through TrueLayer.
New deposit tools aim to cut transfer errors and speed up on-chain funding, as users can now move Coinbase holdings into Kraken without wallet addresses.
Customers in the US and Canada can now pay Flywire clients directly from bank accounts, with real-time checks aimed at reducing failed transfers.
Banks risk losing customer control as instant payments force fraud, identity and authorisation into one real-time trust system.
Corporate cloud migration and AI tools are set to drive the application modernisation services market to USD $81.24 billion by 2034.
It lets the lender automate disbursements and repayments while avoiding costly direct bank integrations for its SEPA-based receivables finance product.
Eligible Australians can now borrow against cryptocurrency without selling it, as the product sits under the country's consumer credit rules.
Digital onboarding now takes six to seven minutes at Frost Bank, as manual reviews dropped and customer acquisition improved.
Banks could keep customers on their own apps more easily as Personetics and Plaid combine account data to flag savings and debt moves.
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.
South Korean businesses could see faster overseas payments as Jeonbuk Bank adopts Ripple Payments, cutting delays and fees on remittances.
Singapore customers shut out of premium banking may now buy access, as a S$899 annual membership bundles travel, investment and lifestyle perks.
Failed card charges are putting subscription revenue at risk, with Ecommpay saying SMEs can lose 9% as customers cancel over payment friction.
The bank can now tailor card offers and merchant-funded rewards for 70 million US cardmembers as it builds out its commerce media push.
SMEs with overseas suppliers or customers can now earn interest on dollar and euro cash without juggling separate bank relationships.
Real-time financial data could help operators curb churn, sharpen affordability checks and lift margins as acquisition costs climb.
Sensitive credit-card data will be protected in LXMQ's platform as the fintech tests Privaclave AI before a wider consumer launch.
Faster transfers are exposing a gap in Europe's payments systems, where firms still struggle to link money movement with data, controls and accountability.