IT Brief Asia - Technology news for CIOs & IT decision-makers
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Open banking Stories

Asian Stories

Open banking stories

Hong Kong digital wallets overtake cards in payments
Crypto

Hong Kong digital wallets overtake cards in payments

Shoppers in Hong Kong are using digital wallets more than cards, as account-to-account payments gain ground and cashless habits spread across Asia.

By Karen Joy Bacudo • 4 min read • Last week
As Japan widens bank cyber oversight to data partners, identity becomes the perimeter
Data Protection

As Japan widens bank cyber oversight to data partners, identity becomes the perimeter

Japan's banks face broader cyber risk as regulators begin treating data-sharing partners and AI agents as part of the attack surface.

By Takanori Nishiyama • 2 min read • Last week

Global Stories

Open banking stories

KPMG sees AI-driven future for India's finance sector
Data Protection

KPMG sees AI-driven future for India's finance sector

India's banks face a rapid shift towards AI-led operations as digital public infrastructure and data-sharing systems reshape finance.

By Karen Joy Bacudo • 5 min read • 2 days ago
Experian launches AI platform with real-time underwriting
Data Analytics

Experian launches AI platform with real-time underwriting

Borrowers could see more relevant credit offers as the platform uses live data and bank account insights to sharpen approvals.

By Karen Joy Bacudo • 4 min read • Last week
Lumin Digital launches open banking integration with MX
Digital Transformation

Lumin Digital launches open banking integration with MX

Banks using the platform can now connect customers to approved financial apps without screen scraping, improving consent controls and data access oversight.

By Karen Joy Bacudo • 3 min read • Last week
Mastercard launches Wallet Pay for digital wallets
Fintech

Mastercard launches Wallet Pay for digital wallets

Digital wallet users will gain wider cross-border acceptance as Mastercard links Wallet Pay to Alipay+ and regional providers worldwide.

By Karen Joy Bacudo • 6 min read • Last week
Finmo opens Singapore HQ as TreasuryOS tops USD $1bn
Software-as-a-Service

Finmo opens Singapore HQ as TreasuryOS tops USD $1bn

The Singapore-founded fintech will use the expanded Suntec City base to hire more staff as TreasuryOS moves over USD $1 billion a month.

By Karen Joy Bacudo • 3 min read • Last week
From wallets to accounts: The quiet convergence of crypto and everyday finance
Crypto

From wallets to accounts: The quiet convergence of crypto and everyday finance

In emerging markets, users are increasingly treating crypto wallets as everyday money tools, with stablecoins helping fill costly gaps in payments.

By Alvin Kan • 5 min read • Last week
Ecommpay adds Bizum for Spanish merchants via one link
Fintech

Ecommpay adds Bizum for Spanish merchants via one link

Spanish online sellers can now cut checkout friction as Ecommpay links Bizum, MB Way and Bancomat Pay through one integration.

By Sofiah Nichole Salivio • 3 min read • Last week
xpate launches API money management tool for businesses
Software-as-a-Service

xpate launches API money management tool for businesses

Digital businesses can now manage accounts, transfers and reporting inside existing software, as xpate shifts further into embedded finance.

By Karen Joy Bacudo • 4 min read • Last week
Bill.me lifts on-time bill payments with open banking
Fintech

Bill.me lifts on-time bill payments with open banking

On-time bill settlements rose 17% in three months after the platform added bank-to-bank payments, cutting costs and lifting usage.

By Sofiah Nichole Salivio • 4 min read • Last week

Stories from Other Regions

Open banking stories

Confluent: Data architecture gap impairing AI ambitions
Data Protection

Confluent: Data architecture gap impairing AI ambitions

Older systems may leave Australian firms unable to meet CDR demands, while modern data architecture is becoming crucial for real-time AI use.

By David Shilovsky • 5 min read • Last week
Britton appointed to Chair UK Open Banking future body
Data Protection

Britton appointed to Chair UK Open Banking future body

The move comes as banks and fintechs shape the next phase of Open Banking, with over 100 billion API calls underscoring the stakes.

By Sofiah Nichole Salivio • 4 min read • Last week
Bank of Ireland expands Stripe deal on AI & payments
Software-as-a-Service

Bank of Ireland expands Stripe deal on AI & payments

The bank aims to speed up customer payments and back-office tasks as it deepens use of Stripe's systems across its group.

By Karen Joy Bacudo • 3 min read • Last week
ZYMIX picks Mangopay for UK super app wallet launch
Digital Transformation

ZYMIX picks Mangopay for UK super app wallet launch

UK students could soon split tickets, taxis and shared costs inside one app as ZYMIX embeds Mangopay's wallet infrastructure from launch.

By Sofiah Nichole Salivio • 4 min read • Last week
DCPayments adds Interac e-Transfer to Canadian checkout
Fintech

DCPayments adds Interac e-Transfer to Canadian checkout

Canadian merchants can now take bank-based payments at checkout, cutting card fees and reconciliation work while speeding settlement.

By Karen Joy Bacudo • 4 min read • Last week
SoFi & Payward link banking with Kraken settlement
Fintech

SoFi & Payward link banking with Kraken settlement

Institutional crypto clients could soon settle US dollars around the clock as SoFi ties its banking network to Kraken and lists SoFiUSD on the exchange.

By Karen Joy Bacudo • 4 min read • This month