IT Brief New Zealand - Technology news for CIOs & IT decision-makers
New Zealand

Banking-as-a-Service Stories

Global Stories

Banking-as-a-Service stories

Mastercard adds stablecoin settlement across network
Crypto

Mastercard adds stablecoin settlement across network

Card issuers and acquirers will gain round-the-clock settlement choices as the network adds regulated stablecoins alongside fiat payments.

By Karen Joy Bacudo • 5 min read • This month
DXC launches CoreIgnite to link banks with fintech
Fintech

DXC launches CoreIgnite to link banks with fintech

Banks can add fintech services without ripping out ageing core systems as DXC's CoreIgnite offers a single link to partners and networks.

By Joseph Gabriel Lagonsin • 4 min read • This month
RS2 unveils BIN Sponsorship 2.0 for payments firms
Data Analytics

RS2 unveils BIN Sponsorship 2.0 for payments firms

Tighter oversight is pushing card sponsorship beyond market entry, with RS2 arguing firms now need stronger controls over processing, fraud and settlement.

By Karen Joy Bacudo • 4 min read • This month
OpenPayd to go public in USD $1.145 billion SPAC deal
Crypto

OpenPayd to go public in USD $1.145 billion SPAC deal

The merger could give OpenPayd up to USD $276 million to fund US expansion and product work as it prepares a Nasdaq listing.

By Karen Joy Bacudo • 4 min read • This month
Marqeta expands European payments reach with Banking Circle
Fintech

Marqeta expands European payments reach with Banking Circle

Businesses across Europe will gain virtual accounts and multi-currency payments as the tie-up helps Marqeta meet local rules in 30 new markets.

By Karen Joy Bacudo • 3 min read • Last month
RedotPay adds USD account to multi-currency wallet
Fintech

RedotPay adds USD account to multi-currency wallet

Users can now hold dollars in RedotPay's wallet and move them into stablecoins for spending or cross-border transfers without leaving the app.

By Karen Joy Bacudo • 3 min read • Last month
Equipifi raises USD $34 million in Series B funding
Fintech

Equipifi raises USD $34 million in Series B funding

The funding will help equipifi expand bank-embedded buy now, pay later services as lenders race to keep instalment spending inside their apps.

By Joseph Gabriel Lagonsin • 3 min read • Last month
Currenxie launches EEA business accounts from Ireland
Fintech

Currenxie launches EEA business accounts from Ireland

Currenxie enters the EEA from Dublin with multi-currency business accounts, targeting SMEs seeking faster cross-border payments.

By Sean Mitchell • 4 min read • Last month
Lightspark adds AI agent controls to Grid accounts
Crypto

Lightspark adds AI agent controls to Grid accounts

The update lets app users cap, approve and audit AI-driven payments while keeping control of their funds and spending limits.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Banking-as-a-Service stories

Three ways Australian banks can reinvent SME banking
Software-as-a-Service

Three ways Australian banks can reinvent SME banking

As SMEs demand faster lending and integrated tools, banks risk losing ground unless they cut red tape and modernise their platforms.

By Andrew Groth Infosys ANZ and Theo Albers Infosys Finacle ANZ • 4 min read • 2 days ago
Poor support at embedded finance providers hurts growth
Digital Transformation

Poor support at embedded finance providers hurts growth

Poor provider support is costing firms revenue and slowing overseas expansion as embedded finance adoption gathers pace across Europe.

By Karen Joy Bacudo • 4 min read • 3 days ago
OwlTing, Credible Finance open China payout corridor
Fintech

OwlTing, Credible Finance open China payout corridor

The tie-up gives global businesses a regulated route into China, with India next as payment firms link existing networks to widen reach.

By Karen Joy Bacudo • 4 min read • 4 days ago
GoTyme launches app service for transfers to 200 countries
Digital Transformation

GoTyme launches app service for transfers to 200 countries

Customers can now send money abroad in minutes through GoTyme's app, with upfront fees, live exchange rates and tracking.

By Karen Joy Bacudo • 4 min read • Last week
TransBnk rebrands as TBX to widen corporate banking
Software-as-a-Service

TransBnk rebrands as TBX to widen corporate banking

Existing customers will see no disruption as the renamed TBX expands beyond transaction banking into treasury, payments and enterprise finance tools.

By Karen Joy Bacudo • 3 min read • This month
Equals rebrands after GBP £58 billion payments milestone
Fintech

Equals rebrands after GBP £58 billion payments milestone

Businesses using the platform should see simpler access to accounts, cards and foreign exchange as the group unites under one brand.

By Karen Joy Bacudo • 3 min read • This month
Relay secures USD $50 million to fuel small business growth
Fintech

Relay secures USD $50 million to fuel small business growth

The funding will help Relay expand among US small firms as it passes USD $1.3 billion in managed deposits and 150,000 customers.

By Karen Joy Bacudo • 3 min read • Last month
Questrade goes live with Temenos software for Questbank
Software-as-a-Service

Questrade goes live with Temenos software for Questbank

The rollout gives Questbank the core banking system it needs to begin offering deposits and mortgages to Canadian customers under OSFI rules.

By Mark Tarre • 3 min read • Last month
InstaSwitch raises USD $4.7 million for banking switch tool
Disaster Recovery

InstaSwitch raises USD $4.7 million for banking switch tool

Banks could lift deposits faster as the new software helps small firms move payroll, income and payments to fresh accounts within days.

By Karen Joy Bacudo • 3 min read • Last month