Open banking stories
The new platform aims to cut routine bookkeeping for small firms by automating payments, reconciliation and tax prep while keeping users in control.
Banks are under pressure to modernise legacy systems and prove where AI can improve service, risk control and security at scale.
Banks could cut manual treasury work for business clients as the new link feeds ERP and accounting data straight into banking systems.
Higher balances and faster transfers are helping Wise deepen its cross-border network as it prepares a Nasdaq primary listing in 2026.
Australian accommodation operators may soon face higher payment costs as a card surcharge ban pushes them towards bank-to-bank alternatives.
Banks modernising payments infrastructure are under pressure to balance speed, compliance and control as Icon expands in Asia and EMEA.
Quarterly tax reporting is forcing UK SMEs to overhaul manual finance systems as real-time data becomes essential for compliance.
The tie-up gives fintechs and digital banks a quicker route into Australia’s fast-growing card and mobile payments market.
Higher rates and tougher investor scrutiny are forcing mid-tier fintechs into sales, restructuring or shutdown as capital pools shrink.
Customers can now freeze cards or check spending by text or voice, as Revolut joins banks racing to make finance apps conversational.
The round-up savings app says its users are adding AUD $2 million a year to KiwiSaver accounts as it seeks wider growth.
UK savers are missing billions in retirement funds, as the platform tracked 61,858 pots in the quarter, up 497% year on year.
Cash and card firms stand to gain from Paymentology's Australian push, which links local rails with global schemes and key domestic partners.
Customers can now move money in seconds at any time, as SoFi becomes one of the first banks to support both FedNow sending and receiving.
Banks and credit unions under pressure to adopt AI can now deploy governed agents in production, with MX partnership support and seed backing.
Small firms and mortgage seekers could gain faster access to credit as the regulator widens permissioned data sharing beyond open banking.
Morningstar users should see no immediate change as the firm keeps using ByAllAccounts after selling the data aggregation unit to Pello.
Round-ups of coffee and grocery buys could lift KiwiSaver balances by nearly USD $1,000 a year without changing budgets.
The app’s 3 million users will see no immediate changes as ownership shifts to Bolt Group, with the deal due to complete by June.
The appointment comes as Australia’s fintech sector pushes for rules that could lift its economic contribution from $13.6 billion to $38 billion by 2035.