Open banking stories

Airwallex launches an AI assistant in its web app, promising to simplify onboarding and day-to-day finance tasks for multi-currency businesses.

Revolut passes 1m Australian customers and vows nearly AUD $400m investment, stepping up its challenge to local digital banking rivals.

Bank ABC shifts ila Bank onto Temenos core on AWS in Bahrain, kicking off a wider cloud-led core banking transformation programme.

AI fintech Cleo stages UK comeback with a waitlisted app, betting its chatty budgeting assistant can ease mounting money anxiety.

New Zealand startup Dashr has launched an Open Banking-based dashboard letting households see all their cash and investments in one place.

Dext debuts Payments, letting UK Xero users pay suppliers and expenses inside its platform after a beta that processed GBP £800,000.

Revolut launches a unified merchant payments suite in Australia, tying in‑person, online and A2A payments directly to its business accounts.

YouLend partners with Intuit to embed fast SME funding of GBP £1,000-£2m directly inside QuickBooks as a new UK Capital Marketplace.

Adyen and Boston Consulting Group warn fragmented banking is sapping treasurers’ time and cash visibility, urging consolidation of providers.

Affirm secures an exclusive multi-year deal to power Expedia’s US instalment travel payments, with a Canadian rollout to follow on select stays.

HSBC UK and Sage unveil in-app tax tool for sole traders and landlords as Making Tax Digital for Income Tax rules loom from April.

Mastercard launches BIN Sponsor Plus in the UK, accrediting card sponsors to give fintechs a vetted route into issuing and payments at scale.

Ecommpay warns shoppers now have zero tolerance for checkout friction, with failed payments driving cart abandonment and lost revenue.

Lenders clinging to legacy payment rails are losing borrowers to fintechs that can approve, fund and collect on loans in near real time.

Hnry and Volley launch Scan to Pay using open banking, letting sole traders take QR code payments on the spot for a 35-cent flat fee.

Jelou lands USD $10m Series A to scale its WhatsApp-based transactional AI platform Brain across the US and wider Americas market.

Kani deepens its tie-up with TransactPay, adding Data-as-a-Service to streamline global payments data as the issuer ramps up scale.

Tinaba expands Alipay+ tie-up to let Italian travellers pay in euros via its app at over 80 million QR code merchants in mainland China.

Feijoa joins Creative HQ’s Fintech Lab to scale its round-up saving app, aiming to lift inconsistent KiwiSaver contributions nationwide.

Gr4vy partners with Ecommpay to give merchants single-API access to cards, wallets and 100+ local payment methods across global markets.