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)

Startup Tandem Acquires Harrods Bank
Startup Tandem Acquires Harrods Bank
August 08, 2017  |  Partnerships / Acquisitions

Startup bank Tandem has acquired Harrods Bank, officially achieving its goals of moving into the U.K. banking market. Finextra reports the deal comes after Tandem lost...

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Bank Leumi Launches Digital Bank Pepper For Mobile Phone Customers
Bank Leumi Launches Digital Bank Pepper For Mobile Phone Customers
June 28, 2017  |  Digital Banking

Bank Leumi has launched Pepper, a digital banking venture that will initially offer current individual accounts and later move into securities and mortgages, as well as...

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India’s YES BANK Debuts Phone-/Internet-Free Mobile Banking
India’s YES BANK Debuts Phone-/Internet-Free Mobile Banking
May 25, 2017  |  Banking

YES BANK, the fifth largest private bank in India, announced Wednesday (May 24) the launch of SIMsePay, a feature that lets any account holder conduct...

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Goldman Says Brazilian FinTech Will Disrupt Traditional Banks
Goldman Says Brazilian FinTech Will Disrupt Traditional Banks
May 16, 2017  |  Banking

Brazil is seeing a boom in financial technology, which, according to a new Goldman Sachs report, will chip away at the market share of the...

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Tangerine Bank Offers Credit Lines To Become Canada’s Everyday Bank
Tangerine Bank Offers Credit Lines To Become Canada’s Everyday Bank
April 14, 2017  |  Banking

Tangerine Bank, the digital lender owned by Bank of Nova Scotia, announced it will be offering credit lines in an effort to increase revenue through additional...

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Monzo Announces Banking Restrictions Have Been Lifted
Monzo Announces Banking Restrictions Have Been Lifted
April 06, 2017  |  Mobile Commerce

Monzo, an upstart bank in the U.K., announced Wednesday (April 5) that its banking restrictions have been lifted, which means Monzo is now a fully...

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N26 Hits Milestone: 300,000 Customers Using App-Only Bank
N26 Hits Milestone: 300,000 Customers Using App-Only Bank
March 16, 2017  |  Digital Banking

N26, the app-only bank found in Europe, announced Wednesday (March 15) it has 300,000 users across Europe. According to a report in Business Insider, N26, which...

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New Digital Bank Launches To … Encourage Saving
New Digital Bank Launches To … Encourage Saving
February 24, 2017  |  Digital Banking

PurePoint Financial, a new division of MUFG Union Bank, N.A., announced the inception of its new hybrid digital bank aimed at committed savers. The offering...

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Innovation Project 2017 Conversation Starters: Betting Big …. On Banking Redux
Innovation Project 2017 Conversation Starters: Betting Big …. On Banking Redux
February 06, 2017  |  Innovation

The bank is an institution that has survived centuries. But nothing survives that long in immutable form. Consider the musty vaults housing gold and notes,...

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