Open banking stories

Ant International and Citi are targeting Australian export SMEs with a real-time PayTo option, aiming to ease cash flow and speed cross-border top-ups.

FinTech Australia's 2026 Finnies shortlist spans payments, AI and web3, with 160 finalists and sector value touted at AUD $13.8 billion.

Agentic commerce is forcing firms to rethink websites, as AI agents bypass ads and clicks for API-driven transactions.

EU wallet rules could turn digital identity into the next payments backbone, forcing banks to rethink onboarding, fraud and customer trust.

Persona taps ConnectID to let Australian firms verify users' ages through banks, avoiding passport uploads as child-safety rules tighten.

Paymentology teams up with Change Financial to tap Australia's booming digital payments market, as mobile wallets and card programmes gain pace.

Xero unveils AI-native finance platform and JAX assistant to cut admin for small firms, with accountants and bookkeepers also in line for gains.

Temenos forum in Copenhagen to draw 1,000 banking executives as AI, cybersecurity and legacy system upgrades dominate the agenda.

Paymentology launches in Australia with Cuscal and Constantinople alliances, tapping the nation's fast-growing digital payments market and domestic rails.

Backbase and Ninth Wave have teamed up to let banks plug corporate clients' ERP and accounting systems straight into account data and payments.

Wise posts higher transfer volumes and customer balances as it targets a Nasdaq primary listing in May 2026 while keeping London.

RMS adds direct bank payments through GoCardless as Australian hotels brace for Reserve Bank reforms that could ban card surcharges and lift merchant costs.

Bolt Group snaps up Beem app from Australian Payments Plus as the operator refocuses on payments infrastructure and identity rails.

FinTech Australia has named Xero policy chief Grace Gown to its board as the industry body steps up its push for fintech-friendly regulation.

Data quality gives banks a scalable route to digital trust, cutting fraud and false positives while speeding onboarding, KYB and AI-driven checks.

Plaid builds a foundation model to improve transaction analysis, lifting income classification and loan payment detection across financial services.

Paysecure and Yaspa team up to add open banking, fraud controls and account-to-account payments to merchants' checkout flows.

Personetics and Atomic team up to let banks prompt deposit and bill switching inside apps, aiming to cut friction and boost primary relationships.

OpenFX secures USD $94 million to scale real-time cross-border payments, after growing annual volumes to more than USD $45 billion and adding 100-plus clients.

Thunes wins Juniper Research top-three nod for cross-border payments as network breadth, interoperability and stablecoin links reshape the market.