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Nigeria: Flutterwave Acquires Mono in Deal Reportedly Valued Up to $40m: Flutterwave has acquired Nigerian open banking startup Mono in an all-stock transaction ...
allafrica.com/stories/202601060007.html
Nigeria: Flutterwave Acquires Mono in Deal Reportedly Valued Up to $40m
What is open banking, how does it work and what are the risks?: Explainer: It's often touted as a way New Zealanders could get a better deal on their banking - ...
rnz.co.nz/news/business/580724/what-is-open-banking-how-does-it-work-and-what-are-the-risks
What is open banking, how does it work and what are the risks?
What the new open banking regime means for consumers and fintech players: After years of anticipation and frustration over slow progress, New Zealand’s ...
businessdesk.co.nz/article/technology/what-the-new-open-banking-regime-means-for-consumers-and-fintech-players
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Nigeria’s digital payment boom faces rising cybersecurity threats: The NIBSS Annual Fraud Report showed that in 2023 alone, attempted fraud rose by 45 per cent ...
premiumtimesng.com/business/business-data/829944-nigerias-digital-payment-boom-faces-rising-cybersecurity-threats.html
Nigeria’s digital payment boom faces rising cybersecurity threats
Open banking's red tape may stifle lenders' innovation: fintechs: New red tape governing open banking has drawn mixed responses from fintechs ...
businessdesk.co.nz/article/policy/open-bankings-red-tape-may-stifle-lenders-innovation-fintechs
Open banking's red tape may stifle lenders' innovation: fintechs
Connected Banking Summit 2025 to Spotlight the Future of Banking in Saudi Arabia: Rabat - The International Centre for Strategic Alliances (ICSA) has announced ...
moroccoworldnews.com/2025/10/262342/connected-banking-summit-2025-to-spotlight-the-future-of-banking-in-saudi-arabia/
Connected Banking Summit 2025 to Spotlight the Future of Banking in Saudi ...
OpinionHow much control do banks have over access to their customers' data?: Banks want to reclaim their position as the central node in the customer relationship by ...
americanbanker.com/opinion/how-much-control-do-banks-have-over-access-to-their-customers-data
How much control do banks have over access to their customers' data?
OpinionBank fees for data access threaten the foundations of open banking: The CFPB must unequivocally state that consumers own their financial data and prohibit ...
americanbanker.com/opinion/bank-fees-for-data-access-threaten-the-foundations-of-open-banking
Bank fees for data access threaten the foundations of open banking
Trump Administration Will Rewrite Rule On Access To Consumer Financial Data: In May, the CFPB asked a court to scrap the open banking rule. Yesterday ...
forbes.com/sites/juliegoldenberg/2025/07/30/trump-administration-will-rewrite-rule-on-access-to-consumer-financial-data/
Trump Administration Will Rewrite Rule On Access To Consumer Financial ...
Fintech impacts on traditional banking: Fintech's rapid growth is transforming traditional banking. Explore how innovative technologies are reshaping ...
punchng.com/fintech-impacts-on-traditional-banking/
Fintech impacts on traditional banking
Key FactsBanking Rewired: Fintech Fast-Track Shift
Jun 9, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: punchng.com
  • Fintech firms using AI, blockchain, cloud and big-data analytics are disrupting legacy banking models and forcing banks to modernize digital infrastructure.

  • Customer expectations for instant payments, personalized advice and 24/7 access are prompting banks to deploy AI chatbots, automated underwriting and real-time monitoring.

  • Lending has shifted through peer-to-peer platforms, alternative credit scoring and nontraditional data sources, expanding credit access for underserved markets.

  • Payments moved from days to seconds via digital wallets and real-time transfers, while open banking and partnerships enable banks to combine regulatory strength and customer trust with fintech agility.
Nigeria and open banking: Nigeria embraces open banking to boost innovation, competition, and secure digital access in the evolving financial services landscape
punchng.com/nigeria-and-open-banking/
Nigeria and open banking
Why Britain’s fintech dream is faltering: London was a world leader for payments technology but now risks falling behind
ft.com/content/2ba2aa8c-18ad-49f1-b842-50399c83e149
Why Britain’s fintech dream is faltering
Top Digital Banks Transforming Finance in 2025: The financial landscape is going through a significant shift driven by rapid digital innovation. Throughout 2025 ...
due.com/top-digital-banks-transforming-finance-in-2025/
Top Digital Banks Transforming Finance in 2025
From no to go: ASB U-turns on POLi: For a long time, consumers have been warned that using payment platform POLi could breach their banks' terms and conditions.
1news.co.nz/2025/05/02/from-no-to-go-asb-u-turns-on-poli/
From no to go: ASB U-turns on POLi
Big four banks need to meet new open banking requirements by Dec 1: New Zealanders will be able to benefit from open banking by Christmas after Cabinet agreed to ...
businessdesk.co.nz/article/markets/big-four-banks-need-to-meet-new-open-banking-requirements-by-dec-1
Big four banks need to meet new open banking requirements by Dec 1