Google & Yapily's Bigger Bet: Open Banking Beyond Payments
Hey Digital Banking Fanatic!
Moving money gets a lot of attention.
Knowing who you're moving money to is just as important.
Google Cloud and Yapily are taking their partnership a step further. After launching bank account verification together last year, they're now expanding the service across 11 European markets.
Google Cloud customers can now verify business bank accounts directly through bank connections, replacing manual document checks with real-time verification powered by open banking.
From a customer's perspective, it might seem like a small change.
But for businesses, every minute saved during onboarding means lower costs, less fraud risk, and a smoother first impression.
It's also another sign that open banking is evolving beyond payments and becoming critical enterprise infrastructure.
Because the future of financial services isn't just about moving money faster.
It's about making it easier to establish trust from the very first interaction.
See what else is shaping Digital Banking. 👇 See you tomorrow!
Cheers,
INSIGHTS
➡️ Why banks lose mobile customers (and how deep linking wins them back) by Lesia Kupriienko, Industry Lead, Finance at AppsFlyer. Kupriienko explores how AppsFlyer’s Deep Linking Suite helps banks improve app retention by directing users to personalized in-app experiences, reducing friction, and supporting compliant customer journeys.
NEWS
🌍 Yapily brings bank account verification to Google Cloud customers across Europe. Enabling customers across 11 European markets to verify business bank accounts during onboarding using open banking. The integration replaces manual document checks with direct bank connectivity, streamlining account verification for businesses.
🇺🇸 Bluevine breaks geographic barriers for US small businesses and launches digital onboarding for international owners. This strategic expansion allows international entrepreneurs to open and manage a US business account with zero physical friction, eliminating the traditional requirement for in-person branch visits that has long served as a barrier to global commerce.
🇺🇸 Big US banks explore Fiserv network deals that could exempt them from federal debit-card interchange fee caps under the Durbin Amendment. According to reports, some banks have since cooled on the idea due to concerns over potential regulatory, political, and merchant backlash.
🇫🇷 Gigs expands to France and partners with Qonto to keep businesses connected wherever they travel. The launch makes Qonto the first French FinTech to embed travel eSIMs directly into its product, enabling Qonto's 600,000 SME customers to discover, activate, and manage their travel connectivity around the globe without leaving the Qonto app.
🇵🇭 GoTyme receives a fresh US$13.9 million capital injection. The funding comes as the Philippine digital bank continues to strengthen its financial position, narrowing its annual net loss while significantly increasing net interest and total interest income.
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Here is a comparison of 𝗞𝗲𝘆 𝗦𝘁𝗮𝘁𝘀👇️
🇬🇧 Starling Bank debuts UK-first ‘snatch theft detector’ to combat 64% surge in summer phone fraud. The tool uses acceleration detection technology to instantly lock the banking app if a phone is physically grabbed, preventing unauthorized access to sensitive financial data.
🇲🇽 Nubank is expected to invest US$4.2 billion in Mexico over the next four years, according to Mexican President Claudia Sheinbaum, following a meeting with Nubank founder and CEO David Vélez. The investment has not yet been confirmed by Nubank, but would further strengthen its expansion in Mexico, where the company recently surpassed 15 million customers.
🇨🇱 Tenpo Bank forms a board and raises capital for a 2026 launch. Tenpo is preparing to launch Tenpo Bank in the third quarter of 2026, marking its transition into a fully regulated bank in Chile. Backed by Credicorp, the FinTech is migrating its 2.6 million customers to the new platform and has expanded its board with independent directors.
🇬🇧 ClearBank & Mambu bring multi-rail payments to banking. ClearBank and Mambu discuss how modular core banking and multi-rail infrastructure are helping financial institutions support both fiat and stablecoin payments, enabling scalable, compliant, and future-ready payment ecosystems.
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