Open banking stories - Page 4

Despite 69% of payments leaders seeing their firms as market frontrunners, only 44% prioritise innovation amid legacy and regulatory hurdles.

Dan Jovevski, founder of WeMoney, joins FinTech Australia's board to advance open banking and boost financial wellbeing across Australia's fintech sector.

By 2026, AI will transform skills across tech, finance, and healthcare, requiring new expertise in data quality, trust, and ethical governance, says OpenText.

Intuit Australia partners with SISS to launch Open Banking feeds for QuickBooks, enhancing real-time banking integration under CDR with major banks live.

By 2025, FinTech and MarTech in Australia, the UK, and Singapore will be shaped by hybrid work, advanced tech, and a strong focus on sustainability.

InDebted appoints Michael Chatfield as Managing Director to spearhead Australian expansion amid evolving collections market and rising digital demand.

Australian banks must invest in secure, reliable databases to meet rising customer expectations, comply with new privacy laws, and prevent costly downtime.

MojoTip teams up with Ecommpay to offer real-time digital tipping and instant payouts, boosting cashless tipping across Europe and beyond.

DE-CIX forecasts a 2026 AI revolution in finance, healthcare and manufacturing, driven by emotion AI, healthcare connectivity, and agentic AI systems.

eToro launches AUD accounts and local features for Australians, reducing conversion costs and expanding ASX stock access for a tailored trading experience.

FICO has secured ten new patents to enhance Responsible AI, boosting transparency and fraud prevention across numerous sectors globally.

DBS has been named the World's Best AI Bank, recognised for its innovation and responsible AI use across retail and corporate banking services.

The Emerging Payments Association of Asia urges APAC payments firms to urgently bolster defences against quantum computing risks, highlighting a major security gap.

Ecommpay won Silver at the 2025 eCommerce Awards for its payment innovation, also shortlisted for the RTIH Innovation Awards in Payments Innovation.

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

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

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.

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