TelcoNews UK - Telecommunications news for ICT decision-makers
United Kingdom

Open banking Stories

UK Stories

Open banking stories

Ecommpay warns failed subscriptions can cost SMEs 9%
Fintech

Ecommpay warns failed subscriptions can cost SMEs 9%

Failed card charges are putting subscription revenue at risk, with Ecommpay saying SMEs can lose 9% as customers cancel over payment friction.

By Sofiah Nichole Salivio • 4 min read • Last week

Global Stories

Open banking stories

Fasset raises USD $68 million in Series C led by SBI
Crypto

Fasset raises USD $68 million in Series C led by SBI

The valuation lifts Fasset into the ranks of privately held fintechs worth more than USD $1 billion as it expands cross-border settlement.

By Karen Joy Bacudo • 4 min read • 2 days ago
Ecommpay shortlisted in three Fin.Tech Marketing awards
Artificial Intelligence

Ecommpay shortlisted in three Fin.Tech Marketing awards

Recognition for Ecommpay's rebrand and AI-led marketing comes as the payments firm is named a finalist in three award categories.

By Sofiah Nichole Salivio • 3 min read • Last week
Rain launches payments alliance for agentic commerce
Digital Transformation

Rain launches payments alliance for agentic commerce

Card networks and fintech groups are trying to set rules for AI-driven purchases before a projected USD $3 trillion market fragments.

By Karen Joy Bacudo • 4 min read • Last week
Inter links Brazil & US payments to TerraPay wallets
Fintech

Inter links Brazil & US payments to TerraPay wallets

The tie-up gives Inter faster bank-to-wallet reach for remittances and corporate payouts as digital wallets gain ground in global payments.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Midnite launches Pay by Bank for instant UK payouts
Fintech

Midnite launches Pay by Bank for instant UK payouts

UK bettors can now move funds in and out of Midnite in a few taps, as the operator adds instant bank payments through TrueLayer.

By Karen Joy Bacudo • 4 min read • Last week
Kraken adds Coinbase crypto deposit option via Mesh
Fintech

Kraken adds Coinbase crypto deposit option via Mesh

New deposit tools aim to cut transfer errors and speed up on-chain funding, as users can now move Coinbase holdings into Kraken without wallet addresses.

By Karen Joy Bacudo • 3 min read • Last week
Flywire expands Trustly open banking in North America
Fintech

Flywire expands Trustly open banking in North America

Customers in the US and Canada can now pay Flywire clients directly from bank accounts, with real-time checks aimed at reducing failed transfers.

By Joseph Gabriel Lagonsin • 3 min read • This month
The invisible trust layer: Why payments are becoming a systems problem
Fintech

The invisible trust layer: Why payments are becoming a systems problem

Banks risk losing customer control as instant payments force fraud, identity and authorisation into one real-time trust system.

By Dr Carsten Wengel • 3 min read • This month

Stories from Other Regions

Open banking stories

Fat Zebra promotes Hakkinen, Kwakernaak in reshuffle
Fintech

Fat Zebra promotes Hakkinen, Kwakernaak in reshuffle

The promotions come as Australia's payments sector braces for new licensing rules and closer scrutiny of governance at fast-growing processors.

By Mark Tarre • 4 min read • Last week
Canadian small businesses unaware of open banking law
Software-as-a-Service

Canadian small businesses unaware of open banking law

Many still share banking logins with advisers as a survey found 82% of owners had not heard of Canada's new open banking law.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Nexo launches crypto-backed credit lines in Australia
Fintech

Nexo launches crypto-backed credit lines in Australia

Eligible Australians can now borrow against cryptocurrency without selling it, as the product sits under the country's consumer credit rules.

By Karen Joy Bacudo • 4 min read • Last week
Frost Bank lifts digital account openings with Blend
Data Analytics

Frost Bank lifts digital account openings with Blend

Digital onboarding now takes six to seven minutes at Frost Bank, as manual reviews dropped and customer acquisition improved.

By Karen Joy Bacudo • 4 min read • Last week
Personetics & Plaid team up to boost bank engagement
Fintech

Personetics & Plaid team up to boost bank engagement

Banks could keep customers on their own apps more easily as Personetics and Plaid combine account data to flag savings and debt moves.

By Karen Joy Bacudo • 5 min read • Last week
Krak launches multi-asset debit card for US shoppers
Crypto

Krak launches multi-asset debit card for US shoppers

US shoppers can now spend crypto and other holdings in dollars, with Krak's new card offering up to 2% cashback and real-time conversion.

By Karen Joy Bacudo • 4 min read • Last week
Ripple partners Jeonbuk Bank on cross-border remittances
Digital Transformation

Ripple partners Jeonbuk Bank on cross-border remittances

South Korean businesses could see faster overseas payments as Jeonbuk Bank adopts Ripple Payments, cutting delays and fees on remittances.

By Karen Joy Bacudo • 4 min read • Last week
Revolut launches Ultra subscription in Singapore market
Fintech

Revolut launches Ultra subscription in Singapore market

Singapore customers shut out of premium banking may now buy access, as a S$899 annual membership bundles travel, investment and lifestyle perks.

By Karen Joy Bacudo • 4 min read • Last week