Open banking stories - Page 3

Open Banking in Australia could boost the economy by AUD $10 billion annually as consumer data sharing and digital services usage rapidly grow.

Ecommpay is shortlisted in two categories at the UK eCommerce Awards for innovation in its fraud-fighting Graph Analysis tool and Hosted Payment Page solution.

Ecommpay is a finalist in nine categories at the 2025 Payments Awards, recognising its innovation and commitment to accessibility in payments globally.

Ecommpay’s new open banking solution boosts The Money Platform’s flexibility and transparency, enabling millions of secure, low-cost peer-to-peer loan transactions.

JP Morgan's new fees for fintech API access spark debate, highlighting differences in US and European banking data revenue models under PSD2 rules.

Ecommpay won the Special Judges Award at the Financial Services Forum 2025 for its innovative Payouts via Hosted Payment Page solution enhancing secure payments globally.

Yaspa appoints Renuka Rawlins, formerly of Revolut, as Head of Policy and Public Affairs to lead regulatory engagement amid expansion in payments and iGaming.

Prommt partners with Payit by NatWest to enhance open banking payments, offering UK businesses instant, secure transactions and improved customer experience.

Fintech firm Yaspa has launched a tech hub in Leeds, aiming to recruit 20 software engineers to boost its payments and AI services by 2025.

A survey finds 40% of UK scam victims recover nothing from an average loss of GBP £765, highlighting the growing impact of online fraud.

Mastercard and Equifax have launched Open Score, a tool using open banking data to help 2.5 million Australians with limited credit history access finance.

Experian and Stryd have teamed up to offer Australian mortgage brokers enhanced client insights using open banking data and product pricing.

MYOB launches Solo Money in Solo app, offering Australian sole traders a business account with integrated banking and accounting from July 2025.

London fintech Yaspa raises USD $12 million led by Discerning Capital to expand into the US with a new base in Atlanta, targeting regulated gambling payments.

WeMoney wins FinTech Organisation of the Year at 2025 Finnie Awards, with female leaders and diverse fintech firms also honoured across new categories.

New research reveals 84% of fintechs lack robust API security, exposing sensitive payment data to significant cyber risks beyond regulated sectors.

WeMoney wins three awards including FinTech Organisation of the Year at Sydney's 2025 Finnie Awards, with female leaders also honoured for their innovation.

Ecommpay has won the Best Consumer Payments System at the PayTech Awards for its innovative payout solution enhancing secure payments to cards and wallets.

Chris Lowe joins Yaspa as full-time CFO to lead financial strategy during expansion into new markets and sectors across Europe.

Norway mandates FAPI 2.0 security protocol across its national healthcare network to enhance protection of patient data with banking-level safeguards.