Digital banking is part of the broader context for the move to online banking, paperless Banking, where banking services are delivered over the internet.
The shift from traditional to digital banking has been gradual and remains ongoing, and is constituted by differing degrees of banking service digitization.
Digital banking involves high levels of process automation and web-based services and may include APIs enabling cross-institutional service composition to deliver banking products and provide transactions.
Source: en.wikipedia.org
Watch more: Monday Conversation With Decade’s Vitor Olivier Vitor Olivier spent years building the infrastructure behind Nubank, the Brazilian digital bank that gave roughly 100...
Brazil-based digital bank Inter has gotten regulatory approval to do business in the U.S. Inter has received permission from the Federal Reserve and Florida Office...
Digital bank Revolut is buying Banco Cetelem, a small Argentinian lender owned by BNP Paribas. “Argentina’s digital banking industry has seen significant growth in recent...
Owners Bank, a new digital bank created to cater to the needs of small business owners, has launched a business credit card. This product aims...
European digital bank N26 has integrated the popular local payment service iDEAL into its banking experience in the Netherlands. This move aims to enhance the banking experience for N26 customers in...
Digital bank Nubank reportedly saw its shares dip after CEO David Velez sold a portion of his stake in the company. The stock fell by...
Digital bank Grasshopper has partnered with Cable to equip its clients and Banking-as-a-Service (BaaS) platform with automation and technology for financial crime assurance, testing and oversight. The bank will...
A former head of Goldman Sachs’ mass-market retail effort, Marcus, is reportedly leaving the bank. Peeyush Nahar, who joined Goldman Sachs in 2021 to lead the...