Digital Banking

Digital banking is part of the broader context for the move to online 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.

(source: en.wikipedia.org)

Bluevine Says Business Checking Propels Managed Deposits to $1 Billion
Bluevine Says Business Checking Propels Managed Deposits to $1 Billion
December 01, 2023  |  SMBs

Bluevine, a digital banking platform for small businesses, has surpassed $1 billion in managed deposits by its small business banking customers. The accomplishment places Bluevine...

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Nearly 40% of Millennials Want More Visible Security Measures for Routine Transactions
Nearly 40% of Millennials Want More Visible Security Measures for Routine Transactions
December 01, 2023  |  Safety and Security

In today’s digital age, security is a top concern for consumers, especially when it comes to financial transactions, regardless of their frequency — be it...

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SoFi Turns Over Crypto Business to Blockchain.com
SoFi Turns Over Crypto Business to Blockchain.com
November 29, 2023  |  Cryptocurrency

SoFi says it is exiting the cryptocurrency business next month. The digital finance firm has told customers that they will either need to liquidate their accounts or move...

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Entrust Launches New Digital Account Opening Solution for Financial Institutions
Entrust Launches New Digital Account Opening Solution for Financial Institutions
November 28, 2023  |  Digital Banking

Entrust has launched a new digital account opening solution for banks and credit unions. The new Entrust Digital Account Opening Solution is designed to overcome...

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Revolut Nets Perfect Score in PYMNTS Provider Ranking of Digital Banking
Revolut Nets Perfect Score in PYMNTS Provider Ranking of Digital Banking
November 28, 2023  |  Digital Banking

Managing your finances has never been easier, with smartphones closing the gap between you and your money. But with a plethora of apps to choose...

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Lloyds Considers Job Cuts as Banks Shift to Digital
Lloyds Considers Job Cuts as Banks Shift to Digital
November 26, 2023  |  Banking

Lloyds’ digital refocusing has reportedly placed more than 2,500 jobs at risk. The British banking giant is planning to review thousands of middle management roles, the...

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Nearly 40% of FinTechs Offer Mobile Check Deposit but Only 12% of Consumers Use It
Nearly 40% of FinTechs Offer Mobile Check Deposit but Only 12% of Consumers Use It
November 21, 2023  |  Digital Banking

FinTechs have emerged as disruptors in the financial industry, offering consumers a wide range of services.  However, a recent report titled “The Issuers Report 2023:...

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Alkami Offers Banking Clients Plaid API Access
Alkami Offers Banking Clients Plaid API Access
November 12, 2023  |  B2B Payments

Digital banking solutions provider Alkami is offering clients access to Plaid’s application programming interface (API). The new offering, announced Thursday (Nov. 9) lets Alkami’s financial institution (FI) clients benefit from...

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BMO Financial Group Launches Digital Real Financial Progress Hub
BMO Financial Group Launches Digital Real Financial Progress Hub
November 06, 2023  |  Banking

BMO Financial Group has announced the launch of its Real Financial Progress Hub, a digital platform that provides customers with access to personal finance advice,...

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