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

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

READ MORE >
New Digital Bank Launches To … Encourage Saving
New Digital Bank Launches To … Encourage Saving
February 24, 2017  |  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...

READ MORE >
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,...

READ MORE >