Financial Services

Volt’s crypto deal seizes space that Aussie incumbents shun: The neobank will offer embedded bank accounts with BTC Markets, entering an up-for-grabs market as the country’s Big Four players eschew doing business with crypto companies.

The etailer is working on a new point-of-sale solution for non-Amazon merchants with features like contactless enablement, customer analytics, and inventory management.

Mastercard gets shot at European open-banking growth with Aiia: The credit-card giant plans to integrate features from the European API provider with Finicity— a combination that has a shot at becoming a de facto open-banking technical standard.

The new offering lets customers designate accounts that can be automatically scoured for funds if an overdraft occurs. It’s another example of an incumbent co-opting what’s been a competitive advantage for challengers.