Open banking stories
Policy debates over open banking and digital identity will be shaped by two seasoned fintech executives taking top roles at FDATA.
Banks can add fintech services without ripping out ageing core systems as DXC's CoreIgnite offers a single link to partners and networks.
Merchants and banks are demanding better payment reliability as The Power 50 names 40 companies and 10 figures in its 2026 ranking.
Tighter oversight is pushing card sponsorship beyond market entry, with RS2 arguing firms now need stronger controls over processing, fraud and settlement.
The merger could give OpenPayd up to USD $276 million to fund US expansion and product work as it prepares a Nasdaq listing.
Mid-market finance teams can now cut manual reconciliation and fee-tracking work as payments move inside AccountsIQ, with real-time status updates.
Backed by HM Treasury, the plan could give millions safer ways to let trusted helpers oversee everyday spending without losing independence.
Consumers and small firms are mixing cards, debit and Buy Now, Pay Later as lenders struggle to keep pace with changing borrowing habits.
Existing customers will see no disruption as the renamed TBX expands beyond transaction banking into treasury, payments and enterprise finance tools.
About 1,000 councils, police and armed forces services will move from Stripe as the government adds pay by bank options on GOV.UK Pay.
Growing fears over disruption are pushing consumers and providers to favour European control of payments as reliance on US networks deepens.
Recurring bank payments could soon replace some cards and direct debits as UK Payments Initiative rolls out a new open banking scheme.
Recurring payments can now be authorised directly from UK bank accounts, with live use already underway for investing and rent.
The recognition could boost MANSA's appeal to payment operators as cross-border firms seek faster settlement and less capital tied up abroad.
Businesses could cut card fees and automate collections as recurring Pay by Bank opens to wider use through the UK Payments Initiative scheme.
Businesses using the platform should see simpler access to accounts, cards and foreign exchange as the group unites under one brand.
The tie-up could speed digital banking upgrades and AI adoption across UOB's Asian markets, with pilots likely in Vietnam and beyond.
The framework aims to give households control over energy data as the sector builds a common consent system for flexible tariffs and services.
European merchants will gain a bank-based alternative to card lending as TrueLayer folds Dutch fintech In3 into its checkout network.
Business customers and retailers can now use open banking payments and data sharing in one app, ahead of regulation by six months.
