IT Brief Australia - Technology news for CIOs & IT decision-makers
Australia

Banking-as-a-Service Stories

Australian Stories

Banking-as-a-Service stories

Bolt Group buys Beem app from Australian Payments Plus
Crypto

Bolt Group buys Beem app from Australian Payments Plus

The app’s 3 million users will see no immediate changes as ownership shifts to Bolt Group, with the deal due to complete by June.

By Karen Joy Bacudo • 4 min read • Last month

Global Stories

Banking-as-a-Service stories

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 • 6 days ago
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 • This 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 • This 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 • This month
Temenos expands AWS SaaS to digital banking & payments
Disaster Recovery

Temenos expands AWS SaaS to digital banking & payments

Banks can now deploy more of their systems through one AWS-based stack as Temenos adds digital banking and payments to its cloud service.

By Karen Joy Bacudo • 3 min read • This month
Payment firms expand into broader merchant services
Customer Relationship Management

Payment firms expand into broader merchant services

Merchants could soon get payments, loyalty, lending and checkout tools from one supplier as firms chase fuller control of commerce.

By Karen Joy Bacudo • 5 min read • Last month
Backbase, Ninth Wave unlock ERP banking connections
Disaster Recovery

Backbase, Ninth Wave unlock ERP banking connections

Banks could cut manual treasury work for business clients as the new link feeds ERP and accounting data straight into banking systems.

By Karen Joy Bacudo • 4 min read • Last month
Wise plans Nasdaq move as balances hit GBP £29.4bn
Fintech

Wise plans Nasdaq move as balances hit GBP £29.4bn

Higher balances and faster transfers are helping Wise deepen its cross-border network as it prepares a Nasdaq primary listing in 2026.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Banking-as-a-Service stories

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 • This 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 • This month
Bloxley chooses Equals Money for cross-border push
Disaster Recovery

Bloxley chooses Equals Money for cross-border push

The neobank can now tap infrastructure for accounts in more than 38 currencies as it prepares a launch in four countries.

By Karen Joy Bacudo • 4 min read • Last month
Alkami launches digital sales platform for US banks
Data Analytics

Alkami launches digital sales platform for US banks

More banks and credit unions are opting for bundled onboarding and engagement tools as Alkami ties account opening to digital banking and marketing.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Q2 launches AI code tool for digital banking platform
Disaster Recovery

Q2 launches AI code tool for digital banking platform

Banks and credit unions could cut development cycles from weeks to days as the tool adds governed AI code generation to Q2's platform.

By Karen Joy Bacudo • 4 min read • Last month
Slash raises USD $100 million at USD $1.4 billion valuation
Software-as-a-Service

Slash raises USD $100 million at USD $1.4 billion valuation

The fintech's broader banking push now reaches more than 5,000 businesses, after three quarters of GAAP profitability and rapid revenue growth.

By Karen Joy Bacudo • 4 min read • Last month
Exclusive: Adyen targets fragmented payments with Intelligent Money Movement
Fintech

Exclusive: Adyen targets fragmented payments with Intelligent Money Movement

Enterprises could cut reconciliation and liquidity headaches as Adyen folds pay-ins, payouts and treasury into one stack for global platforms.

By Jake MacAndrew • 3 min read • Last month
SoFi joins first banks to offer FedNow send & receive
Fintech

SoFi joins first banks to offer FedNow send & receive

Customers can now move money in seconds at any time, as SoFi becomes one of the first banks to support both FedNow sending and receiving.

By Karen Joy Bacudo • 4 min read • Last month