Sections
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)
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2.4KInvestmentsRevolut Taps JPMC To Raise $1.5B For Global Expansion
U.K. FinTech company Revolut wants to raise as much as $1.5 billion so that it can expand globally. According to The Financial...
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1.5KDigital BankingNubank FinTech Grows Client Base By 25 Pct Since August
The largest FinTech startup in Latin America — Brazil’s Nubank — is reporting a 25 percent increase in the number of clients...
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1.2KToday In DataHow Technology And Market Trends Spawn Innovation
Direct-to-consumer (DTC) brands are putting a new spin on athleisure wear, inspired by the CBD-based wellness trend. In restaurant technology, cloud kitchens have emerged as a...
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1.4KDigital BankingHow Synchrony Financial Is Upgrading Its AML Strategy
Lax anti-money laundering (AML) systems have cost FIs more than $8 billion in fines this year alone — and maintaining compliance without...
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2.4KLoansLendingClub Offers Same-Day Loan Settlements
LendingClub, an online marketplace that connects borrowers and investors, has launched a new marketplace called LCX with the intention of drawing a...
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1.7KB2B PaymentsPaysend Wields Open Banking For Business Account Services
U.K. FinTech Paysend is launching a new service for corporates to access integrated banking and payment services, the result of a collaboration...
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3.6KDigital BankingInside Synchrony Financial’s AML Playbook
Consumers have noticed the rising levels of fraud in digital banking, and they are not pleased. Many want more options and control...
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3.7KBlockchainFinastra Taps Ripple To Power Blockchain Payments
Real-time currency exchange and remittance network Ripple has teamed up with Finastra to allow banking customers to access RippleNet, its worldwide blockchain...
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1.3KDigital OnboardingWhy Innovation Acceleration Matters
Innovation has become such a buzzword that it can be applied to countless solutions and initiatives, from emerging 5G mobile technology and...
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2.1KPodcastsAs The 2020s Dawn, Why Credit Unions Need Millennials
With 2020 rushing toward us, a new decade means its time to take stock of where we are and where we’re headed in...
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1.1KDigital BankingNCR’s D3 Combines With NYMBUS To Enable Banks’ Digital Offerings
Miami-based NYMBUS announced the licensing of NCR’s D3 Digital Banking platform (D3) to give financial institutions the opportunity to quickly offer customers...
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2.4KDigital BankingBuilding The ‘Super App’ For The African Market
This week, Cellulant – an Africa-focused payments services firm – is announcing a big play to build the comprehensive “catch-all app” for...
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4.3KDigital BankingCredit Karma Debuts High-Yield Savings Account
Credit Karma, a company that enables people to gain access to their credit scores, is launching a high-yield savings account that customers...
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1.6KToday In DataHow QSRs Personalize Ordering Experiences With Kiosks
Taco Bell is among the major restaurant brands that has teamed with delivery service provider Grubhub to reach customers. Beyond its delivery efforts, the company is bringing self-ordering...
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2.2KB2B PaymentsMetro Bank Founder Fully Resigns Amid Accounting Scandal
The ongoing fallout from an accounting error at Metro Bank will now see Founder Vernon Hill completely exit the group after previously...
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3.8KDigital BankingFor Better Banking, Is Consumer Control Actually Key?
Consumers want control — everybody seems to know that. But what you probably don’t know is that consumers want the type of...
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2.8KFraud PreventionChase Taps Machine Learning For Proactive Approach To Fraud
Banks have a Goldilocks problem: Authentication processes can’t be too rigorous for legitimate consumers, but also can’t be too lax so that...
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2.7KInternationalAmsterdam FinTech bunq Expands Across Europe
Amsterdam FinTech startup bunq is expanding into 22 additional countries after successful launches in Austria, Germany, Italy, Spain, France, Ireland and Belgium,...
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3.0KDigital BankingRevolut Eyes Growth As Losses Mount
After starting out the week with a bang and announcing a big new partnership with Visa, Revolut today (Oct. 1) reported that...
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1.6KMobile ApplicationsVibePay Being Tested With 1K Members In UK
The London-based social payment app VibePay is being trialed with 1,000 Vibe members, the company announced in a press release on Monday...
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2.2KBankingUAE Sees First Digital Bank For SMBs
Emirates banking group Emirates NBD has announced the creation of E20., a digital bank for the region, according to a release by...
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2.1KDigital BankingHow To Better Served The Unbanked In Nigeria
Among the biggest ongoing challenges and opportunities in payments – and a trend that will hold well into the 2020s, which are...
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1.8KDigital BankingIsrael Approves New Digital Bank
The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades. The digital...
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1.7KCredit UnionsHow Digital-First Credit Unions Can Break The Impersonality Barrier
Investments in digital banking are paying dividends for credit unions by improving membership and creating more efficient services. However, digitizing services often...
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5.7KDigital PaymentsAmex Launches Pay By Bank
American Express announced it is planning to roll out a new real-time product that will let U.K. consumers pay for goods and...
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3.1KCredit UnionsTRENDING: How Credit Unions Give Digital The Personal Touch
Credit unions (CUs) are facing an ever-shifting financial services landscape. Advanced technology is increasingly raising the stakes of how CUs should operate,...
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3.7KFaster PaymentsCross River Bank RTP Connection To Help FinTechs
Cross River, a company that provides banking services for technology companies, will join The Clearing House’s (TCH) RTP network, according to a...
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3.4KDigital BankingAussie FinTech Douugh Expands Mastercard Debit Cards To US Customers
Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence...
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2.5KDigital BankingWells Fargo Teams With Plaid On API-Supported Data Exchange
Financial institution Wells Fargo is partnering with data platform Plaid to offer customers the option of managing their finances in one place...
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1.8KB2B PaymentsTide Targets SMB Customer Support With Paid Account Option
U.K. challenger bank Tide is planning to roll out a paid tier of its banking services for small businesses, connecting users of...
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2.7KDigital BankingHow Banks Are Using AI, ML To Fight Account Opening Fraud
The threat of a data breach is now an ever-present part of life for customers and the banks that serve them. A...
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5.4KDigital BankingHow US Bank Is Using Machine Learning To Tackle Fraud
For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic...
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2.8KDigital BankingMobile Banking Users Want More Control — But At What Cost?
Impending 5G technology holds a great deal of promise for many industries, especially for financial institutions. A 5G network could markedly improve...
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1.9KB2B PaymentsFairMoney Raises VC To Use Mobile Data For SMB Loans
France’s FairMoney, a small business and consumer micro-lending technology company operating in Nigeria, has announced $11 million in venture capital funding. FairMoney...
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7.0KDigital BankingU.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud
Banks lost about $4 billion to account takeover (ATO) fraud attempts last year and the losses are set to further increase as this...
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1.7KSizzle/FizzleGoogle’s AG Onslaught A Big Fizzle For Tech
In many cases, unity is a good thing. Banding together for a common cause, perhaps a charitable one, or rooting all together...
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2.0KDigital BankingNeobank Northmill Gets Swedish Banking License
The FinTech Northmill, which offers cloud-based financial services, was awarded a banking license from the Swedish Financial Supervisory Authority (SFSA) on Friday...
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3.9KAuthenticationFactors Driving Consumer Demand For Banking App Controls
Rampant data breaches have left consumers on edge about digital fraud. They are not only anxious that their personally identifiable information may...
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2.5KLoyalty & RewardsAspiration Bank To Give Cash Back For Socially Responsible Shopping
Online bank Aspiration, which has a socially conscious mission, recently announced it would give customers 3 to 5 percent back on purchases...
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2.3KAMLDeep Dive: How FinTechs, FIs Can Arm Up Against Fraud
Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal...
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2.7KDigital BankingDigital Banking, With Millennial, Mobile – And Governmental – Tailwinds
Kill the check. Shutter the branch. Make that leather wallet a mobile one, wielded on smartphones. The push toward digital banking seems an inexorable...
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1.6KInternationalAnglo-Gulf Trade Bank Gets First Digital Banking License in UAE
Anglo-Gulf Trade Bank (AGTB) was awarded the first digital banking license and Category 1 status from the Financial Services Regulatory Authority (FSRA)...
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2.3KInvestmentsNigerian FinTech Kuda Raises $1.6M For Digital Banking Tech
Kuda, Nigeria’s first digital-only bank with a standalone license, has raised $1.6 million in pre-seed funding led by Haresh Aswani, as reported...
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2.7KB2B PaymentsIn Europe, Digital Banking And APIs Eye Banking As A Service
In Europe, banking upstarts are gaining traction in digital banking, with new products and services focused on enterprises and consumers alike, easing...
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3.4KDigital PaymentsJPMorgan Rolls Out Same-Day Deposits For SMB
Customers of the WePay platform can now get faster deposits to their JPMorgan Chase bank accounts, CNBC reported on Tuesday (Sept. 10)....
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2.8KAuthenticationDeep Dive: The Benefits Of Digital Identity In Banking And The Gig Economy
The digital identity verification market is projected to reach $12.8 billion by 2024, despite the fact that digital IDs are still largely...
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5.0KDigital BankingMoving Beyond The Limits Of ‘Cash And Dash’ ATMs
50 years on, ATMs are on the brink of full evolution beyond just existing as cash dispensers. Norbert Knievel, head of banking thought...
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2.4KDigital BankingJD.com, Central Group Team Up For FinServ App
JD.com and the biggest retailer in Thailand, Central Group, have launched a financial services app called Dolfin to help connect with local...
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4.5KAuthenticationInside Australia’s Push For A Safe And Trusted Digital ID
The use of digital identities is becoming commonplace, and consumers are largely satisfied with their presence. In fact, PYMNTS’ Digital Identity Lifestyle...
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3.5KDigital BankingDigital Bank Chime Offers Overdraft Protection To Its 5M Customers
Chime, a digital banking startup based in San Francisco, said it has reached a threshold of five million customers and plans to...
