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Open banking Stories - Page 26

UK Stories

Open banking stories

Paynetics teams up with tell.money to launch CoP service
Fintech

Paynetics teams up with tell.money to launch CoP service

Paynetics teams up with open banking platform tell.money to launch a new Confirmation of Payee service, enhancing security and compliance for its customers.

By Kaleah Salmon • 3 min read • Mon, 23rd Sep 2024
HSBC & Visa unveil Zing money app for global transactions
Fintech

HSBC & Visa unveil Zing money app for global transactions

HSBC and Visa launch Zing, a money app enabling users to manage multi-currency funds and transact globally in over 200 countries, leveraging cutting-edge fintech.

By Sean Mitchell • 2 min read • Wed, 10th Jul 2024
BigCommerce partners with Ecommpay to enhance payment solutions
Fintech

BigCommerce partners with Ecommpay to enhance payment solutions

Ecommpay partners with BigCommerce to deliver advanced payment solutions across the UK and EMEA, minimising costs and boosting efficiency for merchants.

By Shannon Williams • 2 min read • Wed, 26th Jun 2024
OpenPayd's annual recurring revenue tops GBP £40 million
Digital Transformation

OpenPayd's annual recurring revenue tops GBP £40 million

OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.

By Melania Watson • 2 min read • Fri, 7th Jun 2024
Trustly reports robust growth with US$58 billion in transactions
Fintech

Trustly reports robust growth with US$58 billion in transactions

Trustly's 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.

By Catherine Knowles • 3 min read • Thu, 30th May 2024
Trustly's Azura checkout boosts user spending & conversions
Data Protection

Trustly's Azura checkout boosts user spending & conversions

Trustly's Azura checkout technology has transformed consumer payment habits across Europe, boosting spending, frequency, transaction speed, and conversion rates.

By Catherine Knowles • 3 min read • Fri, 24th May 2024

Global Stories

Open banking stories

Navigating enterprise-wide deployment of generative AI in banking
Digital Transformation

Navigating enterprise-wide deployment of generative AI in banking

Generative AI is revolutionising banking in Australia and New Zealand, with 79% of banks progressing beyond initial adoption stages to enhance operations.

By Indranil Mukherjee • 5 min read • Mon, 7th Oct 2024
Capgemini report: instant payments to hit 22% by 2028
Crypto

Capgemini report: instant payments to hit 22% by 2028

Capgemini Research predicts instant payments will hit 22% of non-cash transactions by 2028, driven by digital wallets, P2P and eCommerce growth.

By Kaleah Salmon • 3 min read • Mon, 30th Sep 2024
GoCardless & ICE InsureTech partner to streamline payments
Fintech

GoCardless & ICE InsureTech partner to streamline payments

GoCardless and ICE InsureTech collaborate to streamline bank payment collections for insurance firms in Australia and New Zealand, enhancing efficiency and reducing costs.

By Catherine Knowles • 3 min read • Wed, 17th Jul 2024
Global banking fraud to hit USD $48bn by 2029, says study
Fintech

Global banking fraud to hit USD $48bn by 2029, says study

Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.

By Sean Mitchell • 3 min read • Mon, 17th Jun 2024
First AML & Armalytix join forces to elevate AML processes
Fintech

First AML & Armalytix join forces to elevate AML processes

First AML has partnered with Open Banking tech platform Armalytix to boost Source of Funds and Source of Wealth capabilities for large conveyancing firms.

By Kaleah Salmon • 3 min read • Thu, 30th May 2024
GoCardless appoints Jolawn Victor as Chief Growth Officer
Fintech

GoCardless appoints Jolawn Victor as Chief Growth Officer

GoCardless has appointed Jolawn Victor as Chief Growth Officer, leveraging her vast experience in tech and growth marketing to support its global expansion.

By Imee Dequito • 3 min read • Wed, 15th May 2024

Stories from Other Regions

Open banking stories

New Zealand fintech Debut eyes first local AI-based open bank
Fintech

New Zealand fintech Debut eyes first local AI-based open bank

New Zealand's fintech Debut is set to become the first locally-owned bank tailored for AI and open banking, aiming to dismantle financial barriers.

By Melania Watson • 4 min read • Wed, 28th Aug 2024
Adatree launches Insights to enhance fraud prevention in finance
Fintech

Adatree launches Insights to enhance fraud prevention in finance

Adatree launches 'Insights' product suite to boost fraud prevention and operational efficiency, leveraging Open Banking.

By Shannon Williams • 3 min read • Thu, 15th Aug 2024
Open Banking in Australia sees rapid growth in consumer adoption
Fintech

Open Banking in Australia sees rapid growth in consumer adoption

The fourth edition of FinTech Australia's Open Banking Ecosystem Map shows a 165% rise in Consumer Data Right adoption, supported by Mastercard.

By Shannon Williams • 3 min read • Tue, 25th Jun 2024
The three trends supporting fintech growth in Australia
Data Analytics

The three trends supporting fintech growth in Australia

Australia's fintech sector, powered by innovation, technology, and government backing, has surged from AUD $250 million in 2015 to AUD $45 billion in 2023.

By Annexa • 5 min read • Thu, 30th May 2024
Australians largely in the dark about Open Banking, Waave study reveals
Fintech

Australians largely in the dark about Open Banking, Waave study reveals

Despite the introduction of Consumer Data Right (CDR) five years ago, 68% of Australians remain unaware of the Open Banking concept, according to a survey by payment tech company, Waave.

By Catherine Knowles • 3 min read • Wed, 1st May 2024