Open banking stories - Page 2

Prommt partners with Payit by NatWest to enhance open banking payments, offering UK businesses instant, secure transactions and improved customer experience.

Fintech firm Yaspa has launched a tech hub in Leeds, aiming to recruit 20 software engineers to boost its payments and AI services by 2025.

A survey finds 40% of UK scam victims recover nothing from an average loss of GBP £765, highlighting the growing impact of online fraud.

Mastercard and Equifax have launched Open Score, a tool using open banking data to help 2.5 million Australians with limited credit history access finance.

Experian and Stryd have teamed up to offer Australian mortgage brokers enhanced client insights using open banking data and product pricing.

MYOB launches Solo Money in Solo app, offering Australian sole traders a business account with integrated banking and accounting from July 2025.

London fintech Yaspa raises USD $12 million led by Discerning Capital to expand into the US with a new base in Atlanta, targeting regulated gambling payments.

WeMoney wins FinTech Organisation of the Year at 2025 Finnie Awards, with female leaders and diverse fintech firms also honoured across new categories.

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

WeMoney wins three awards including FinTech Organisation of the Year at Sydney's 2025 Finnie Awards, with female leaders also honoured for their innovation.

Ecommpay has won the Best Consumer Payments System at the PayTech Awards for its innovative payout solution enhancing secure payments to cards and wallets.

Chris Lowe joins Yaspa as full-time CFO to lead financial strategy during expansion into new markets and sectors across Europe.

Norway mandates FAPI 2.0 security protocol across its national healthcare network to enhance protection of patient data with banking-level safeguards.

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

New Zealand's open banking has advanced with NZD $13.77m spent over six years, delivering API standards adopted by major banks covering 80% of accounts.

New Zealand's four largest banks have upgraded to Payment Initiation API v2.3, enabling flexible payments and lasting customer consent for open banking.

Auckland Mayor unveils Innovation & Technology Alliance to boost collaboration, tech growth, and economic productivity in the city and region.

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

Adyen joins forces with Fiskil in Australia to enhance merchant onboarding using Fiskil's Banking API, boosting speed, security, and future financial services.

ASB partners with payment platform POLi to enable secure open banking payments, offering customers safer choices without using internet banking logins.