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
Standard Chartered announced Thursday (Jan. 31) that it has kicked off the second phase of its initiative to roll out a digital-only retail bank in...
When Chime’s Co-founders Chris Britt (CEO) and Ryan King (CTO) first set out to start a web bank, it was with one idea in mind:...
Royal Bank of Scotland (RBS), which is gearing up to launch a new digital bank, has acquired a 25 percent stake in Loot, a U.K....
Robinhood, the FinTech that garnered a lot of attention last week after announcing a checking and savings product with 3 percent interest, has retreated from...
Revolut, the U.K. digital bank, announced Thursday (Dec. 13) that it received approval for a banking license in Europe by the European Central Bank. Get...
British peer-to-peer lender Zopa announced that it has been awarded a U.K. banking license, with restrictions, from the Financial Conduct Authority (FCA). Get the Full...
Goldman Sachs is moving its Marcus business line into its wealth-management unit. Get the Full Story Complete the form to unlock this article and enjoy...
Goldman Sachs Group has launched its consumer bank, Marcus, in the United Kingdom, the latest salvo of the company’s push into retail banking, this time...