Open banking stories

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

Raindrop says a surge in demand helped it trace GBP £447 million in forgotten pensions in the first quarter, with use still skewed towards men.

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

FCA maps out plans to widen data sharing, helping UK borrowers and SMEs secure credit, compare deals and access more tailored financial services.

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

Icon Solutions taps former Finastra and Visa executive Anders Olofsson to drive sales of its payments framework to major banks across EMEA and Asia.

Making Tax Digital is forcing UK SMEs to confront broken finance workflows as quarterly reporting pushes demand for real-time data and open banking.

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

UK businesses back bank-led recurring payments as GoCardless says cards and admin costs are draining revenue and delaying collections.

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.

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

GoCardless and Jellyfish Energy complete first live recurring Pay by Bank test, opening the open banking model to business energy billing.

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.

Monument to tokenise GBP £250 million of retail deposits on Midnight blockchain in UK first, keeping savings protected and interest-bearing.

Buckaroo and YouLend launch capital product for Benelux merchants, using transaction data to offer revenue-based working capital through the payments portal.