ANZ-backed Open Banking platform Bud, launches in Australia.
Bud announced its Australian launch after receiving accreditation from the Australian Competition and Consumer Commission to provide Open Banking services.
Digital wallets to be No. 1 e-commerce payment method in Australia by 2025: FIS report
Credit/charge cards remained the leading online payment method among Australians in 2021, accounting for a third (33%) of e-commerce transaction values.
Visualising An Open Finance Ecosystem: A Basiq white paper
Open Finance is typically referred to as the ‘next step’ following Open Banking, with the latter predicated solely on the sharing of Banking data.
Half of ANZ SMEs unable to secure adequate funding due to slow lending speeds and red tape: Mambu report
Report from Mambu shows, more than two thirds of SMEs globally have been unable to secure adequate business financing over the past 5 years.
Mutuals are leading the way in Open Banking
Frollo, has published their February 2022 report on Open Banking API performance, comparing the speed and reliability of Data Holder APIs.
Yondr Money raising capital to fund expansion as a mainstream bank alternative
Neobank and rising fintech company Yondr Money, is set to raise $1.5m – $2m to fund its expansion as an alternative to mainstream banks.
Douugh partners with TrueLayer for Open Banking data in Australia
Banking app Douugh have announced a partnership with global fintech TrueLayer to access Open Banking data in Australia.
Powering the future of Open Finance with Basiq 3.0
Basiq today announce Basiq 3.0, a significant upgrade to its platform to become Australia’s first true Open Finance platform, through a single API.
