Open banking stories - Page 2

Digital wallets still lead Asia-Pacific payments, but account-to-account rails are rising fast in Hong Kong, Thailand and Singapore, Global Payments says.

Nium unveils a stablecoin card issuance platform that lets businesses spend digital dollar balances via Visa and Mastercard through one API.

OpenID Foundation appoints Kantara Initiative to oversee testing service applicants as it expands independent assurance for digital identity standards.

Visa rolls out enhanced Subscription Manager for issuers, letting banks offer in-app controls for recurring payments as subscription spending surges.

Solana unveils an API-based developer platform for banks and payment firms, backed by Mastercard, Worldpay and Western Union pilots.

Mobile money transactions topped USD $2 trillion in 2025 as global use surged, led by Sub-Saharan Africa but with growth across all regions.

Revolut posts record 2025 results as Australian users shift from travel spending to everyday banking, driving surging local profits.

Venmo now lets users send USD $ transfers directly to PayPal accounts in 90 markets, creating a global person-to-person payments link.

Austrian startup TACEO unveils encrypted shared network to run finance, identity and AI workloads without exposing sensitive data.

Australian fintech Vivi unveils AI-native money platform on Pismo with Visa debit card, FX features and high-interest savings tools.

OpenID Foundation names four partners to deliver new independent conformance testing for fast-growing digital identity schemes from 2026.

Australia backs bank-run stablecoin trials while shutting out consumers, risking faster payments that entrench, not challenge, the status quo.

Circles partners with Airwallex to plug embedded banking into CirclesX, letting telcos launch financial services across more than 70 markets.

Circles.Life rolls out Zerofy Cashback Card in Singapore, touting instant, uncapped rewards on global spend via Airwallex and Visa.

Lendi Group taps MongoDB to rebuild data platform and go fully AI-native by 2026, targeting faster rollout of mortgage and property services.

nCino adds Argyle-powered tool to automate document income checks in its mortgage platform, targeting lenders when data feeds fall short.

Australia's fintech sector could add AUD $37 billion to GDP and hit AUD $71 billion in revenue by 2035, if capital and policy align.

Plaid and Perplexity debut Portfolio, an AI tool that links brokerage accounts for personalised, conversational investment insights.

Revolut secures full UK bank licence, pledging GBP £3 billion investment, 1,000 new jobs and a phased roll-out of FSCS-protected accounts.

Temenos wins Microsoft AI Cloud partner status for its Azure-native core banking SaaS, boosting co-sell options and bank modernisation plans.