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Open banking stories

Visa expands AI payments testing to Canadian issuers
Data Protection

Visa expands AI payments testing to Canadian issuers

Canadian banks will test how AI agents can initiate card payments as Visa prepares issuers for new controls over consent, fraud and liability.

By Karen Joy Bacudo • 4 min read • This month

Global Stories

Open banking stories

Explainer: Why Eftsure's original pitch is fading fast
Software-as-a-Service

Explainer: Why Eftsure's original pitch is fading fast

Bank-led name checks in Australia and New Zealand are eroding the niche that made Eftsure easy to sell a decade ago.

By Sean Mitchell • 6 min read • Last week
Xero rolls out Anthropic integration to all subscribers
Data Protection

Xero rolls out Anthropic integration to all subscribers

Small businesses can now query live Xero data in Claude as the accounting group widens its AI push to 4.5 million subscribers.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Adfin raises USD $18 million to tackle late payments
Software-as-a-Service

Adfin raises USD $18 million to tackle late payments

The funding will help more UK SMEs cut overdue invoices, freeing cash and staff time as Adfin expands beyond collections.

By Sofiah Nichole Salivio • 4 min read • Last week
Currenxie launches European multi-currency account in Dublin
Fintech

Currenxie launches European multi-currency account in Dublin

Currenxie's Dublin launch of an EEA business account targets SMEs trading with Asia-Pacific, amid pressure to fix costly cross-border payments.

By Sean Mitchell • 4 min read • Last week
Digital identity: How it powers APAC's fintech boom
Data Protection

Digital identity: How it powers APAC's fintech boom

Digital identity is helping APAC fintechs cut fraud, speed onboarding and expand access for millions of unbanked users across the region.

By Edmund Ng • 6 min read • This month
Lightspark adds AI agent controls to Grid accounts
Crypto

Lightspark adds AI agent controls to Grid accounts

The update lets app users cap, approve and audit AI-driven payments while keeping control of their funds and spending limits.

By Karen Joy Bacudo • 4 min read • This month
Temenos expands AWS SaaS to digital banking & payments
Disaster Recovery

Temenos expands AWS SaaS to digital banking & payments

Banks can now deploy more of their systems through one AWS-based stack as Temenos adds digital banking and payments to its cloud service.

By Karen Joy Bacudo • 3 min read • This month
Codat launches advisory intelligence platform for banks
Data Analytics

Codat launches advisory intelligence platform for banks

Banks are under pressure to turn scattered customer data into actionable advice as BMO adopts Codat’s new platform for client conversations.

By Karen Joy Bacudo • 4 min read • This month

Stories from Other Regions

Open banking stories

Shufti wins iBeta Level 3 for face liveness on mobiles
Data Protection

Shufti wins iBeta Level 3 for face liveness on mobiles

Independent testing showed the firm's face checks can block spoofing on mainstream phones while avoiding friction for genuine users.

By Sofiah Nichole Salivio • 4 min read • Last week
Alkami report shows digital banking gaps at US banks
Data Analytics

Alkami report shows digital banking gaps at US banks

High abandonment rates and thin business tools are blunting banks’ digital gains even as customer adoption of online services rises.

By Karen Joy Bacudo • 4 min read • This month
Wise adds family & group travel tools for Australians
Crypto

Wise adds family & group travel tools for Australians

Shared spending and children’s cards aim to ease overseas money stress for Australian travellers, as 67% reported anxiety on recent trips.

By Karen Joy Bacudo • 4 min read • This month
Reliance Bank picks Temenos SaaS for digital overhaul
Digital Transformation

Reliance Bank picks Temenos SaaS for digital overhaul

The switch should let Reliance Bank cut costs, speed up launches and modernise ageing systems without building a larger in-house tech stack.

By Karen Joy Bacudo • 4 min read • This month
CBI posts 14% revenue rise as payment services grow
Fintech

CBI posts 14% revenue rise as payment services grow

Rising demand for account checks and bill payments lifted CBI’s 2025 revenue 14%, as its services handled more than 100 million transactions.

By Karen Joy Bacudo • 4 min read • This month
InstaSwitch raises USD $4.7 million for banking switch tool
Disaster Recovery

InstaSwitch raises USD $4.7 million for banking switch tool

Banks could lift deposits faster as the new software helps small firms move payroll, income and payments to fresh accounts within days.

By Karen Joy Bacudo • 3 min read • This month
TISA backs digital ID plans but warns on safeguards
Data Protection

TISA backs digital ID plans but warns on safeguards

Digital IDs could speed up account opening and cut fraud, but the industry body says ministers must first nail safeguards and liability.

By Karen Joy Bacudo • 3 min read • This month
Payments NZ urges resilience in payments modernisation
Digital Transformation

Payments NZ urges resilience in payments modernisation

Resilience is becoming the key test of New Zealand's payments overhaul as cyber threats and AI add strain to shared infrastructure.

By Joseph Gabriel Lagonsin • 4 min read • This month