Open banking stories
Failed card charges are putting subscription revenue at risk, with Ecommpay saying SMEs can lose 9% as customers cancel over payment friction.
SMEs with overseas suppliers or customers can now earn interest on dollar and euro cash without juggling separate bank relationships.
Real-time financial data could help operators curb churn, sharpen affordability checks and lift margins as acquisition costs climb.
Recognition for Ecommpay's rebrand and AI-led marketing comes as the payments firm is named a finalist in three award categories.
Card networks and fintech groups are trying to set rules for AI-driven purchases before a projected USD $3 trillion market fragments.
The tie-up gives Inter faster bank-to-wallet reach for remittances and corporate payouts as digital wallets gain ground in global payments.
UK bettors can now move funds in and out of Midnite in a few taps, as the operator adds instant bank payments through TrueLayer.
New deposit tools aim to cut transfer errors and speed up on-chain funding, as users can now move Coinbase holdings into Kraken without wallet addresses.
Customers in the US and Canada can now pay Flywire clients directly from bank accounts, with real-time checks aimed at reducing failed transfers.
Banks risk losing customer control as instant payments force fraud, identity and authorisation into one real-time trust system.
Corporate cloud migration and AI tools are set to drive the application modernisation services market to USD $81.24 billion by 2034.
The promotions come as Australia's payments sector braces for new licensing rules and closer scrutiny of governance at fast-growing processors.
Many still share banking logins with advisers as a survey found 82% of owners had not heard of Canada's new open banking law.
Eligible Australians can now borrow against cryptocurrency without selling it, as the product sits under the country's consumer credit rules.
Digital onboarding now takes six to seven minutes at Frost Bank, as manual reviews dropped and customer acquisition improved.
Banks could keep customers on their own apps more easily as Personetics and Plaid combine account data to flag savings and debt moves.
US shoppers can now spend crypto and other holdings in dollars, with Krak's new card offering up to 2% cashback and real-time conversion.
South Korean businesses could see faster overseas payments as Jeonbuk Bank adopts Ripple Payments, cutting delays and fees on remittances.
Singapore customers shut out of premium banking may now buy access, as a S$899 annual membership bundles travel, investment and lifestyle perks.
The bank can now tailor card offers and merchant-funded rewards for 70 million US cardmembers as it builds out its commerce media push.