LOGIN
SUBSCRIBE
UPGRADE
LOGOUT
Open menu
PayDay News - Payments Industry News Australia
Got a story
to share?
Open menu
LOGIN
SUBSCRIBE
UPGRADE
LOGOUT
PayDay News | Australian Payments News

Open banking to crack the code on non-bank lenders

Technology Reporter
15 Jul, 2026
Add us as a preferred source on Google
Alex Zaharov-Reutt
Technology Reporter
15 Jul, 2026
Add us as a preferred source on Google
Every rate, fee and eligibility rule a non-bank lender charges will soon be machine-readable via open banking. That includes buy now pay later (BNPL) like Afterpay and Zip.
Open banking to crack the code on non-bank lenders
From this week, product data sharing commenced for all relevant non-bank lenders. Image generated by AI.

Every rate, fee and eligibility rule a non-bank lender charges will soon be machine-readable via open banking. That includes buy now pay later (BNPL) like Afterpay and Zip.

Subscriber article

This article is available to PayDay News subscribers.

Subscribe to continue reading
PAYDAY NEWS ANNIVERSARY EDITION

trending

Post office overhaul could further shrink cash and payments capability
Australia Post promises at least 4,000 retail outlets, but some already operate without cash and hundreds lack Bank@Post, raising questions about what cash and payment services will survive
The Interchange Bench
On The Interchange Bench this week, TNS promotes PAX chief Johnson to global role, Walsh appointed pay’s marketing chief, Younes takes on platforms at Stripe, Edwards lands as
Coles Pay closes as the company steps into bank rewards void
Coles has shut down Coles Pay but is stepping up Flybuys rewards ahead of Christmas just as Australia’s banks cut credit card perks, reframe loyalty offerings and consumers
ASD warns Australian online stores under active cyber attack
Australian merchants using Adobe Commerce and Magento were last week urged to apply security patches immediately after authorities warned a critical vulnerability was being actively exploited.
AUSTRAC crackdown is good for Aussie crypto, executives say
Crypto executives say AUSTRAC’s recent crackdowns will strengthen the industry’s legitimacy.

RELATED STORIES ▸

No deposits, as ACCC puts banks on a short leash for ATM trial
No deposits, as ACCC puts banks on a short leash for ATM trial
No deposits, as ACCC puts banks on a short leash for ATM trial
The ACCC has cleared the National Australia Bank, Westpac, ANZ and Bank of Queensland to start their regional ATM experiment, ...
Double trouble: CBA glitch triggers multiple false debit card charges
Double trouble: CBA glitch triggers multiple false debit card charges
Double trouble: CBA glitch triggers multiple false debit card charges
Just days after posting a record profit, Commonwealth Bank has suffered a card processing error which saw some of its ...
Westpac NZ open banking payments top $250m as Kiwi adoption accelerates
Westpac NZ open banking payments top $250m as Kiwi adoption accelerates
Westpac NZ open banking payments top $250m as Kiwi adoption accelerates
Westpac New Zealand has passed $250 million in open banking payments as customer adoption accelerates, providing an early indication that ...
CBA says payments resilience now a competitive advantage as geopolitical risks grow
CBA says payments resilience now a competitive advantage as geopolitical risks grow
CBA says payments resilience now a competitive advantage as geopolitical risks grow
The Commonwealth Bank says escalating geopolitical tensions, cyber threats and artificial intelligence are transforming operational resilience from a compliance obligation ...
Karen Last takes the wheel at ANZ acquiring as Worldline exits
Karen Last takes the wheel at ANZ acquiring as Worldline exits
Karen Last takes the wheel at ANZ acquiring as Worldline exits
ANZ has completed its acquisition of Worldline's majority stake in ANZ Worldline, installing payments executive Karen Last to lead merchant ...
Westpac joins bank rivals to ramp up support for family violence victims
Westpac joins bank rivals to ramp up support for family violence victims
Westpac joins bank rivals to ramp up support for family violence victims
Westpac has joined the rest of the Big 4 in partnering with the One Stop One Story Hub, linking vulnerable ...

Got a story to share?

Get in touch with PayDay News today!
Click here to email us

Topics

Advertising Enquiry

Fill out the form below, and we will be in touch shortly.

Contact Information

Got a story to share

Fill out the form below, and we will be in touch shortly.

Contact Information