Open banking stories
The deal gives Nium specialist wallet and on-chain expertise as demand rises for payments that link cards, transfers and stablecoins.
The new capital will fund Flex's overseas expansion after annualised revenue tripled and its valuation more than doubled to USD $1.2 billion.
The rollout could help more than 1,500 institutions use generative AI on trusted in-house data without disrupting core banking operations.
Expansion into the US payments market gets a seasoned operator as Hello Clever looks to scale real-time transaction products beyond Australia.
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.
Merchants will hear practical advice on approvals, AI and expansion as Ecommpay tries to simplify a crowded payments market.
Automating repayments could ease strain for borrowers juggling multiple debts, as the bank aims to cut admin and improve approval odds.
Fraud losses in Open Banking remain lower than in the wider UK payments market, but scam tactics are shifting as usage expands.
Customers at Bank of Sydney should see faster payments and more self-service after its core banking systems moved to AWS.
Wider adoption of AI tools is prompting calls for plain-language data rules that give New Zealanders more control over personal information.
The payments firm's diversity work has put it in contention alongside two senior leaders as the awards spotlight women in technology workplaces.
The tie-up could reduce missed repayments for UK workers by directing consolidation loan funds straight to existing creditors through payroll.
About 11 million UK adults could use autonomous AI for money management, raising fresh concerns over fraud, control and market concentration.
Wealth managers could cut manual reconciliation as the tie-up gives access to data from more than 650 financial institutions in one system.
Providers now face a test of service quality as pension dashboard use could trigger more member enquiries and expose data gaps.
Small business owners facing tighter credit can now seek fixed-rate funding of up to USD $250,000 through SoFi, with decisions in minutes.