Open banking stories

Agentic commerce is forcing firms to rethink websites, as AI agents bypass ads and clicks for API-driven transactions.

EU wallet rules could turn digital identity into the next payments backbone, forcing banks to rethink onboarding, fraud and customer trust.

Xero unveils AI-native finance platform and JAX assistant to cut admin for small firms, with accountants and bookkeepers also in line for gains.

Feijoa aims to expand its KiwiSaver round-up app after graduating Creative HQ's Fintech Lab, with users adding AUD $2 million a year to retirement savings.

Temenos forum in Copenhagen to draw 1,000 banking executives as AI, cybersecurity and legacy system upgrades dominate the agenda.

Backbase and Ninth Wave have teamed up to let banks plug corporate clients' ERP and accounting systems straight into account data and payments.

Wise posts higher transfer volumes and customer balances as it targets a Nasdaq primary listing in May 2026 while keeping London.

RMS adds direct bank payments through GoCardless as Australian hotels brace for Reserve Bank reforms that could ban card surcharges and lift merchant costs.

Feijoa's round-up savings app earns INFINZ Awards innovation finalist spot as the fintech targets bigger KiwiSaver balances.

Data quality gives banks a scalable route to digital trust, cutting fraud and false positives while speeding onboarding, KYB and AI-driven checks.

MAS and Feijoa offer KiwiSaver round-ups as members can divert spare change from everyday spending into retirement savings at no extra cost.

Plaid builds a foundation model to improve transaction analysis, lifting income classification and loan payment detection across financial services.

Stacked unveils New Zealand's first locally built self-custody Bitcoin wallet as it broadens beyond payments and targets Kiwi users.

Paysecure and Yaspa team up to add open banking, fraud controls and account-to-account payments to merchants' checkout flows.

Personetics and Atomic team up to let banks prompt deposit and bill switching inside apps, aiming to cut friction and boost primary relationships.

OpenFX secures USD $94 million to scale real-time cross-border payments, after growing annual volumes to more than USD $45 billion and adding 100-plus clients.

Thunes wins Juniper Research top-three nod for cross-border payments as network breadth, interoperability and stablecoin links reshape the market.

New Zealand's open banking rollout is set to expose weakly secured AI tools in financial services, with certification fast becoming a must-have.

New Zealand will extend regulated open banking to SME banking channels from June 2027, giving smaller firms wider access to fintech tools and automation.

Digital wallets still lead Asia-Pacific payments, but account-to-account rails are rising fast in Hong Kong, Thailand and Singapore, Global Payments says.