Mastercard has moved to strengthen its footprint in experiential payments by debuting Mastercard Access Pass, a platform designed to give issuers and brands new tools for driving engagement, in the United Arab Emirates. The launch, announced in a Tuesday (Nov. 25) news release, comes as global payment networks and banks accelerate efforts to differentiate their digital card propositions through personalization, loyalty and embedded experiences.By completing this form, you agree to receive marketing communic ...

Intuit Australia has significantly advanced financial management for its small business customers by officially rolling out Open Banking data feeds for QuickBooks, powered by technology partner SISS Data Services. This critical integration connects QuickBooks customers directly with their banking data via Australia’s Consumer Data Right (CDR) framework, establishing what Intuit calls the country’s most advanced bank feed solution.The progressive rollout has already connected customers with major institution ...

Core Insights - PayPoint Plc reported a resilient half-year performance with significant progress on key growth projects despite a challenging economic backdrop [1][3][33] - The company anticipates underlying EBITDA for FY26 to exceed the previous year, although achieving the £100 million target may take longer than expected due to operational disruptions and slower growth in new business pipelines [4][34] Financial Highlights - Revenue increased by 6.7% to £144.1 million compared to £135.0 million in H1 FY25 [2] - Net revenue remained stable at £84.7 million, a slight increase of 0.1% from £84.6 million [2] - Underlying EBITDA decreased by 0.5% to £37.3 million, while underlying profit before tax fell by 4.5% to £25.7 million [2][6] - Profit before tax dropped by 13.9% to £19.9 million, with diluted underlying earnings per share down 2.6% to 26.7 pence [2][6] - Net corporate debt decreased by 3.2% to £84.0 million from £86.8 million [2][6] Business Performance - The Shopping division's net revenue increased by 0.6% to £33.1 million, while the E-commerce division saw a 7.5% rise to £8.6 million [10][11] - Payments & Banking division net revenue grew by 4.4% to £26.0 million, and Love2shop division net revenue decreased by 9.6% to £17.0 million [13][14] - Collect+ parcel transactions grew by 20.0% to 74.3 million, supported by a strategic investment from Royal Mail [12][47] Key Growth Projects - The successful launch of the BankLocal service for Lloyds Banking Group, enabling cash deposits via app across over 30,000 locations, processed over £10 million in deposits since launch [21][22][43] - Royal Mail's strategic investment in Collect+ valued at £90 million, with plans to expand Royal Mail services across the network [24][25][47] - The partnership with InComm Payments has led to a 43.5% increase in Love2shop physical gift card billings [27][56] Challenges and Strategic Focus - The company faced challenges from the disruption caused by the harmonization of InPost and Yodel services, impacting parcel volumes [16][49] - Focus areas for the second half include cost discipline, project execution, and operational agility to adapt to market conditions [8][36] - The obconnect business is refocusing on growth areas after disappointing opportunities in Verification of Payee [17][51] Future Outlook - The company aims for net revenue growth of 5% to 8% per annum through enhanced operational frameworks and automation [37][38] - Plans for a share buyback program and a reduction of at least 20% of issued share capital are in place to enhance shareholder returns [39]

Core Insights - Experian has launched the Experian Credit + Cashflow Score, a pioneering model that integrates credit, alternative, and consumer-permissioned banking data into a single score, enhancing credit decision-making [1][2][3] Group 1: Product Overview - The Experian Credit + Cashflow Score is described as the most advanced credit decisioning model from Experian, aimed at increasing fair access to credit [2][3] - This score combines various data sources, including consumer-permissioned bank account data, detailed credit account information on over 220 million U.S. consumers, and alternative credit data from Clarity Services [5] - The score ranges from 300 to 850 and is designed for use across the entire financial lifecycle, with early access available for testing through custom analytics and the Experian Ascend Platform [4] Group 2: Performance and Impact - Early analysis indicates that the Experian Credit + Cashflow Score outperforms traditional credit scores and cashflow-only scores by over 40% in predictive accuracy across major lending products such as personal loans, lines of credit, bankcards, and mortgages [3] - The introduction of this score is positioned as a significant step in Experian's mission to enhance consumer outcomes and expand access to credit [2][3] Group 3: Company Background - Experian is a global data and technology company that operates across various markets, including financial services, healthcare, and automotive, employing over 25,200 people in 32 countries [6][7] - The company is listed on the FTSE 100 Index and is headquartered in Dublin, Ireland, focusing on leveraging data and technology to redefine lending practices and improve financial outcomes for consumers [6][7]

Industry Overview - Fintech is transforming the global financial landscape by embedding financial services into everyday experiences, enabling programmable money, and leveraging AI for personalized interactions and risk management [1] - The rise of embedded finance integrates payments, lending, insurance, and investments into non-financial platforms, reducing distribution costs and enhancing customer loyalty [2] - Open banking and open finance empower customers with control over their data, fostering faster onboarding and customized products [2] - Programmable money powered by stablecoins and real-time payment rails is revolutionizing treasury, payroll, and cross-border transfers through instant settlement [2] - AI is becoming the new operating system for the financial industry, driving decision-making in underwriting, cybersecurity, and compliance [3] Future Trends - The future financial system will be open, data-permissioned, AI-native, and instant in settlement, with long-term winners being fintechs and incumbents that master interoperability and trusted customer relationships [4] - Stocks like Upstart Holdings, Affirm Holdings, and Nu Holdings are gaining investor attention as they adapt to these trends [4] Company Insights: Upstart Holdings, Inc. (UPST) - Upstart is an AI-driven fintech that uses machine learning to evaluate non-traditional data points for lending, allowing broader loan approvals while maintaining strong credit performance [6][7] - The company acts as an intermediary, earning revenues through referral fees, loan servicing fees, and income from loan sales and securitization [7] - Upstart's direct-to-consumer platform enables individuals to apply for loans directly, leveraging automation and data analytics to disrupt traditional lending [8] - The Zacks Consensus Estimate for UPST's 2025 sales and EPS implies year-over-year growth of 51.4% and 930%, respectively [9] Company Insights: Affirm Holdings, Inc. (AFRM) - Affirm operates in the Buy Now, Pay Later (BNPL) and embedded finance space, allowing consumers to split purchases into installments at the point of sale [10] - The company uses data-driven underwriting and real-time credit assessment to manage risk dynamically [11] - Affirm differentiates itself by focusing on larger-ticket purchases and flexible repayment options, supported by a robust capital model [12] - The Zacks Consensus Estimate for AFRM's fiscal 2026 sales and EPS implies year-over-year growth of 23.9% and 473.3%, respectively [14] Company Insights: Nu Holdings Ltd. (NU) - Nu Holdings targets underserved and digitally native consumers in Latin America with a suite of app-based services across lending, banking, and investing, amassing 123 million customers as of June 30, 2025 [15][16] - The company has reduced operational costs while boosting efficiency and accessibility, promoting financial inclusion in underserved markets [16] - Nu's diversified revenue streams from lending, interchange fees, and marketplace services offer resilience and scalability [17] - The Zacks Consensus Estimate for NU's 2025 sales and EPS implies year-over-year growth of 32.2% and 24.4%, respectively [19]

Summary of Lloyds Banking Group Update / Briefing (November 06, 2025) Company Overview - **Company**: Lloyds Banking Group (NYSE:LYG) - **Industry**: Banking and Financial Services Key Points and Arguments Digital and AI Leadership - Lloyds Banking Group positions itself as a leader in digital and AI, with a focus on enhancing infrastructure and capabilities since 2021, which supports long-term leadership in the industry [3][4][6] - The bank has been recognized in Euromoney's assessment of digital banks, ranking in the top 20 globally out of over 300 banks [1] User Engagement and Scale - The bank boasts 23 million digitally active users, with over 21 million using its mobile app, making it the largest fintech in the UK [4][5] - Lloyds processes one in four card transactions in the UK, equating to nearly £330 billion in annual spend, indicating a strong market presence [5] Strategic Priorities and Infrastructure Modernization - The bank's strategy includes modernizing its technology estate to enhance innovation and customer service [6][7] - Significant progress has been made in reducing the number of applications by 20% and consolidating data centers from 18 to 9, with plans to further modernize by 2027 [14][15] Financial Benefits from Digital Initiatives - Digital and AI initiatives are expected to contribute over 70% to the bank's strategic revenues target by 2026, with more than 60% of cost savings realized attributed to these initiatives [8][9][48] - The bank has achieved gross savings of over €300 million annually, which can be reinvested to accelerate further changes [20] Customer Experience Enhancements - The mobile app has seen a significant increase in engagement, with 90% of personal current account openings now occurring through the app, up from 20% two years ago [24] - AI integration in the app has improved customer interactions, making them more intuitive and engaging [22][23] Ecosystem Development - The introduction of the Homes Hub has led to over 450,000 new customer interactions, retaining £10 billion in mortgages within 1.5 years [27] - The bank is leveraging its data to offer personalized services and insights, enhancing customer engagement and retention [28][29] Future Innovations - Lloyds is investing in generative AI and digital assets, with plans to deliver 50 use cases into production within the year, aiming for €50 million in tangible benefits [33][36] - The bank is exploring tokenized deposits and programmable money, which could streamline transactions and reduce costs [37][39] Regulatory and Market Positioning - Lloyds is actively working with regulators to ensure compliance and safety in its digital offerings, particularly in investment advice [55][57] - The bank aims to maintain its leadership position in the UK market while exploring potential international opportunities in the future [71][75] Additional Important Insights - The bank's commitment to building a skilled workforce includes hiring over 8,000 engineers and 900 graduates in the past four years [17] - Lloyds is focused on cross-selling opportunities between its banking and insurance products, enhancing customer relationships through personalized offerings [81][82] This summary encapsulates the key points discussed during the Lloyds Banking Group update, highlighting the company's strategic focus on digital transformation, customer engagement, and future growth opportunities.

Company Acquisition - ACI Worldwide has acquired Payment Components, a provider of financial messaging and open banking solutions [1][2] - The acquisition aims to integrate Payment Components technology into ACI Connetic, ACI's cloud-native unified payments platform [2] Strategic Impact - ACI's CEO, Thomas Warsop, stated that the acquisition will enhance ACI Connetic's capabilities and set a new standard for banks in payment transformation within the digital economy [3] - Payment Components, founded in Greece in 2014, serves 65 banks and institutions across 25 countries and utilizes generative AI to improve payment processes [3] Open Banking Insights - Recent research indicates that a significant knowledge gap exists among U.S. consumers regarding open banking payments, with 56% unaware of the option [4] - The report suggests that the pay by bank method could gain traction in sectors where consumers already link accounts directly, such as betting and ridesharing [5] - Younger consumers, particularly Generation Z and millennials, show a strong interest in using pay by bank for transferring funds, with over 40% expressing willingness [6]

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Sen. Lummis Pushes US Regulator to Finalize Open Banking Rule Backing Crypto► https://t.co/CfDfT8iCKG https://t.co/CfDfT8iCKG ...

🗞️ Canada’s British Columbia plans to permanently ban new crypto miners from connecting to its electricity grid.🗞️ A coalition is urging the CFPB to maintain strong open banking rules against bank lobbying.🗞️ CEOs, including @brian_armstrong and @SergeyNazarov, join the Federal Reserve: Payments Innovation hearing.@JennSanasie hosts "CoinDesk Daily."Thank you to @MidnightNtwrk, @Stablecoin and @OwlTing 🫵 for being a sponsor of the CoinDesk media network. ...