Open banking stories - Page 2

Nium unveils a stablecoin card issuance platform that lets businesses spend digital dollar balances via Visa and Mastercard through one API.

OpenID Foundation appoints Kantara Initiative to oversee testing service applicants as it expands independent assurance for digital identity standards.

Visa rolls out enhanced Subscription Manager for issuers, letting banks offer in-app controls for recurring payments as subscription spending surges.

Auckland fintech Anteup is building a mortgage marketplace where banks compete for borrowers, aiming to simplify home loans and refinancing.

Airwallex appoints Sir Bill English as chair of its New Zealand board as the fintech expands local services and says annual payment flows have surged.

Mobile money transactions topped USD $2 trillion in 2025 as global use surged, led by Sub-Saharan Africa but with growth across all regions.

Solana unveils an API-based developer platform for banks and payment firms, backed by Mastercard, Worldpay and Western Union pilots.

Venmo now lets users send USD $ transfers directly to PayPal accounts in 90 markets, creating a global person-to-person payments link.

Austrian startup TACEO unveils encrypted shared network to run finance, identity and AI workloads without exposing sensitive data.

Australian fintech Vivi unveils AI-native money platform on Pismo with Visa debit card, FX features and high-interest savings tools.

OpenID Foundation names four partners to deliver new independent conformance testing for fast-growing digital identity schemes from 2026.

Circles partners with Airwallex to plug embedded banking into CirclesX, letting telcos launch financial services across more than 70 markets.

Circles.Life rolls out Zerofy Cashback Card in Singapore, touting instant, uncapped rewards on global spend via Airwallex and Visa.

nCino adds Argyle-powered tool to automate document income checks in its mortgage platform, targeting lenders when data feeds fall short.

Plaid and Perplexity debut Portfolio, an AI tool that links brokerage accounts for personalised, conversational investment insights.

KiwiSaver round-up app Feijoa has clinched the Audience Choice award at the Kiwibank Start Up Pitch Breakfast in Wellington.

Temenos wins Microsoft AI Cloud partner status for its Azure-native core banking SaaS, boosting co-sell options and bank modernisation plans.

Bank standards body BIAN unveils Service Landscape 14.0, aligning with ISO 20022 and adding AI-focused domains for banks' modernisation push.

SoFi and Mastercard will use SoFiUSD stablecoin for card settlement worldwide, targeting faster payments, remittances and B2B transfers.

UK fintech heavyweights visit New Zealand to help shape open finance rules, eyeing partnerships and a testbed for new banking technology.