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)

i2c and TBOM Partner to Help FinTechs Create Digital Banking Products
i2c and TBOM Partner to Help FinTechs Create Digital Banking Products
January 25, 2024  |  Digital Banking

i2c and The Bank of Missouri (TBOM) have partnered to help FinTechs accelerate their launch of digital banking products. With this five-year partnership, TBOM, a community bank with...

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Lloyds Slashes Jobs as Banking Customers Shift to Digital
Lloyds Slashes Jobs as Banking Customers Shift to Digital
January 25, 2024  |  Banking

Lloyds Bank is reportedly eliminating 1,600 jobs amid an increased focus on digital banking. The British lender also plans to create 830 new jobs for its “relationship growth” team...

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Fraud Concerns Leave Consumers Skeptical of Payment Data Aggregation Apps
Fraud Concerns Leave Consumers Skeptical of Payment Data Aggregation Apps
January 24, 2024  |  Security & Fraud

Payment fraud incidents have been on the rise, increasing 88% since December 2021, PYMNTS Intelligence research reveals. For instance, 11% of consumers who paid for groceries...

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Santander Mexico to Launch Digital Bank Service This Year
Santander Mexico to Launch Digital Bank Service This Year
January 24, 2024  |  Banking

Santander Mexico, a subsidiary of global banking giant Santander, is preparing to launch its digital bank service. Matias Nunez, the head of digital and innovation...

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Meet the Neobank That Counts Only Doctors as Customers
Meet the Neobank That Counts Only Doctors as Customers
January 24, 2024  |  Banking

Picture this: a 28-year-old $400,000 in debt who has never held a job.  Would you give them a loan? Chances are, probably not. And that’s...

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Truist Ups Digital Focus as Mobile Transactions Climb
Truist Ups Digital Focus as Mobile Transactions Climb
January 18, 2024  |  Earnings

Truist Financial continues to see digital engagement among its customers climb. The North Carolina-based bank reported earnings Thursday (Jan. 18) showing the number of  mobile app users grew...

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UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
UK Grocer Sainsbury’s Announces Plan to Exit Banking Business
January 18, 2024  |  Banking

British grocer Sainsbury’s is planning to slowly but surely phase out its banking business. The move follows a strategic review of the company’s banking arm, the supermarket chain...

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Most Customers Switch Banks for Better Digital Experiences Despite AI Concerns
Most Customers Switch Banks for Better Digital Experiences Despite AI Concerns
January 17, 2024  |  Digital Banking

The increasing popularity of mobile banking apps, especially among younger generations, has driven the rise of digital banking.  In fact, the convenience and ease of...

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High Circle, FirstBank and Treasury Prime Partner on Banking-as-a-Service Solutions
High Circle, FirstBank and Treasury Prime Partner on Banking-as-a-Service Solutions
January 16, 2024  |  Partnerships

High Circle has partnered with FirstBank on a solution that blends FDIC insurance, competitive interest rates and luxury rewards. This strategic partnership is powered by Treasury Prime, an embedded...

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