Open banking stories - Page 4

New research reveals 84% of fintechs lack robust API security, exposing sensitive payment data to significant cyber risks beyond regulated sectors.

Ecommpay won Payments Innovation and Fraud Prevention of the Year at the Retail Systems Awards 2025 for pioneering eCommerce payout and fraud detection solutions.

Ecommpay has been shortlisted for three awards at the PayTech Awards 2025, recognising innovation in payments, anti-fraud, and diversity leadership.

Ecommpay has been named a finalist in four categories at the Retail Systems Awards, recognising its innovations in payment solutions and fraud prevention.

Yavrio, a fintech firm in London, has raised USD $2.4 million in seed funding to transform ERP systems by eliminating error-prone CSV file imports.

Chris Wilson has been appointed Chief Financial Officer at payments platform Ecommpay, bringing a wealth of experience from the music and finance sectors.

The Asia-Pacific region is experiencing a payment revolution, with realtime transactions surging to 185.8 billion in 2023, reshaping financial interactions.

Fintech executives foresee 2025 shaped by evolving fraud tactics, AI, open banking regulation, and changing consumer demands in the mortgage market.

Quadient forecasts that by 2025, blockchain will revolutionise finance teams, enhancing transaction accuracy and transparency in a challenging skills landscape.

Aryza Group has bolstered its collaboration with GoCardless to enhance global payment solutions, set to integrate advanced technologies by 2025.

GitHub's latest Octoverse report reveals AI's transformative impact, with Python becoming the leading programming language and a 98% rise in generative AI projects.

Alexandra Chiaramonti has been appointed Managing Director of GoCardless's international operations to drive global growth, particularly in APAC regions.

Capgemini Research predicts instant payments will hit 22% of non-cash transactions by 2028, driven by digital wallets, P2P and eCommerce growth.

Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.

First AML has partnered with Open Banking tech platform Armalytix to boost Source of Funds and Source of Wealth capabilities for large conveyancing firms.

Australian mortgage broking industry pivots towards Open Banking, with the number of brokers using NextGen's solution tripling, amid potential legislative changes.

PPRO has bolstered its leadership, appointing Selene Brett as Chief Legal, Risk and Compliance Officer, and Marc Kuzak and Massimiliano Conte as Legal and Compliance Director respectively to bolster governance.

Bristol's Moneyhub is ranked among the top 100 'most promising' fintech start-ups globally for 2023 by CBInsights.

The Fintech and Payments Advisory Network (TFPA) has hired a new CEO, COO and Executive Chair to lead its growth journey.

Fime Asia receives Visa accreditation to validate contactless payment terminals, boosts global testing capabilities.