Open banking stories
Banks and fintechs may soon keep more payments inside their own apps, as Apple's wider NFC access loosens iPhone wallet restrictions.
Small firms can now collect one-off invoice payments faster, with automatic reconciliation aimed at easing cash flow and admin work.
The payments firm is strengthening its European governance as it targets further growth across the region after reaching profitability last year.
Demand for digital identity checks is rising as fraud and compliance risks mount, with the merged group spanning more than 50 countries.
Banks can keep customers inside their apps as Visa rolls out chat-based spending insights, card controls and account guidance.
The deal gives community banks more tools to compete with larger rivals as demand rises for embedded finance, real-time payments and cash visibility.
The new capital will fund Flex's overseas expansion after annualised revenue tripled and its valuation more than doubled to USD $1.2 billion.
New Zealand's payments system could face disruption unless banks and providers agree common standards, Steve Wiggins said.
Broadening its appeal beyond consumer banking, the lender has surpassed 6 million monthly users as digital adoption accelerates in Uzbekistan.
Households squeezed by higher costs are turning to fixed-fee borrowing, helping the lender pass GBP £1 billion in loans.
Banks now face a capped GBP £85,000 reimbursement bill per claim as synthetic identity fraud turns into a direct liability under tighter UK rules.
Customers could soon shop and pay through AI assistants, after HSBC UK and Visa completed a live end-to-end card transaction online.
Developers can win AUD $50,000 by building payment tools on the firm's API, with finalists pitching to fintech investors after a week-long sprint.
Canadians can now earn card rewards on rent and other household bills as the platform broadens access to recurring payments.
The app's first Cash ISA lets savers move money automatically from current accounts, as Spring passes GBP £1 billion in deposits.
The move gives the Dutch fintech a direct voice in shaping Canada's payments rules as membership rules widen beyond banks.
The milestone underscores rising demand for online borrowing as 40% of applications came outside normal banking hours, Fig said.
Businesses could still face costly disruption unless Australia turns its account-to-account payments blueprint into systems people can actually use.
Its early lead in Australia's Consumer Data Right non-bank lending rollout now spans more than half of the first wave of lenders, while adding three executives.
Payment disruptions are worsening customer experience at utilities and telecoms firms, with 99% of respondents reporting some form of issue.
