digital bank

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

Top News In Payments: Wells Fargo Growth Hampered By Tech Failures; Goldman Launches Mobile App For Marcus

Top News In Payments: Wells Fargo Growth Hampered By Tech Failures; Goldman Launches Mobile App For Marcus
Top News In Payments: Wells Fargo Growth Hampered By Tech Failures; Goldman Launches Mobile App...
January 13, 2020  |  News

In today’s top payments news, Wells Fargo is trying to revamp its approach to technology to appease regulators, and Goldman Sachs finally launches a mobile...

READ MORE >
Ex-Barclays Head To Launch Crypto-Friendly Digital Bank
Ex-Barclays Head To Launch Crypto-Friendly Digital Bank
January 02, 2020  |  Cryptocurrency

The former head of technology at Barclays, Mark Hipperson, is launching a digital bank called Ziglu that will serve both crypto and fiat accounts, according...

READ MORE >
Top News In Payments: PayPal Further Integrates With MercadoLibre; Singtel, Grab To Launch Digital Bank In Singapore
Top News In Payments: PayPal Further Integrates With MercadoLibre; Singtel, Grab To Launch Digital Bank...
December 30, 2019  |  News

In today’s top payments news, PayPal further integrates with Argentinian eCommerce company MercadoLibre, and Singtel and Grab partner to launch a digital bank in Singapore....

READ MORE >
UK Digital Bank Monzo Taps Visa Exec As US CEO 
UK Digital Bank Monzo Taps Visa Exec As US CEO 
December 03, 2019  |  Banking

London’s digital unicorn Monzo has appointed TS Anil to head U.S. operations as chief executive officer (CEO), Monzo said in a press release on Tuesday...

READ MORE >
Bitcoin Daily: Tencent Plans To Launch Digital Blockchain Bank; HMRC Does Not Consider Crypto As Currency
Bitcoin Daily: Tencent Plans To Launch Digital Blockchain Bank; HMRC Does Not Consider Crypto As...
November 11, 2019  |  Bitcoin

Tencent has announced that it will launch a blockchain-based virtual bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
UK Banks Turn To Trust As FinTech Competitive Foil
UK Banks Turn To Trust As FinTech Competitive Foil
July 03, 2019  |  B2B Payments

With challenger banking revving up in the U.K. market, High Street challenger banks are looking for ways to continue to set themselves apart with consumer...

READ MORE >
Monzo’s Valuation Now At £2 Billion
Monzo’s Valuation Now At £2 Billion
June 25, 2019  |  Fintech Investments

Monzo, a London-based digital bank, has raised £113m in new funding as of this week, bringing the firm’s total valuation to £2 billion at the...

READ MORE >
Monzo Bank Valuation To Reach £2bn With US Investment
Monzo Bank Valuation To Reach £2bn With US Investment
April 08, 2019  |  Banking

U.K. digital bank Monzo is set to raise new funds that could double its valuation to £2 billion, making it the second-largest FinTech startup in...

READ MORE >