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

U.S. Comptroller: FinTechs, Big Tech, Require More Attention

U.S. Comptroller: FinTechs, Big Tech, Require More Attention
U.S. Comptroller: FinTechs, Big Tech, Require More Attention
September 07, 2022  |  Digital Banking

The increased prominence of digital banking and FinTechs could lead to a serious financial crisis, Michael Hsu, the acting U.S. Comptroller of the Currency, said...

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OneSpan, BankID Extend Digital Identity Service to All Norwegian Banks
OneSpan, BankID Extend Digital Identity Service to All Norwegian Banks
September 07, 2022  |  Digital Identity

Digital agreements security company OneSpan and electronic identity company BankID have expanded their partnership to extend digital identity protection covering cross-border transactions to all Norwegian...

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Revolut Rescinds Job Offers to New Grads as it Reviews Operations
Revolut Rescinds Job Offers to New Grads as it Reviews Operations
September 07, 2022  |  Digital Banking

Revolut is pulling job offers extended to new graduates as the challenger bank continues auditing its operations and picking through the numbers as part of...

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Embedded Finance Expands Payments Options, Reduces Merchant Risk, Says KeyBank
Embedded Finance Expands Payments Options, Reduces Merchant Risk, Says KeyBank
September 07, 2022  |  Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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UK Regulators Scrutinize Revolut After Finding Audit Flaws
UK Regulators Scrutinize Revolut After Finding Audit Flaws
September 05, 2022  |  Digital Banking

Revolut is being pressured to improve its internal controls for financial reporting, after the U.K.’s Financial Reporting Council said the FinTech’s audits were flawed and...

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EU Digital Wallets Take On Global Card Networks, Strive for Interoperability
EU Digital Wallets Take On Global Card Networks, Strive for Interoperability
September 05, 2022  |  Digital Banking

Interoperability has long been a guiding principle for the European payments ecosystem. Get the Full Story Complete the form to unlock this article and enjoy...

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High-Yield Savings Helps FinTechs Unlock Less Costly Capital
High-Yield Savings Helps FinTechs Unlock Less Costly Capital
September 02, 2022  |  Loans

In this macro environment, where rising rates make traditional financing routes more onerous, FinTechs may find that high-yield accounts have high-yield payoffs. Get the Full...

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ACI Worldwide Completes $100M Sale of Online Banking Unit
ACI Worldwide Completes $100M Sale of Online Banking Unit
September 01, 2022  |  Acquisitions

Real-time payment software company ACI Worldwide has officially sold its corporate online banking solutions to venture capital firm One Equity Partners for $100 million, a...

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Balance Money Debuts Digital Banking Service
Balance Money Debuts Digital Banking Service
September 01, 2022  |  Digital Banking

Balance Money has rolled out a digital banking service, to help offer financial insights geared to younger customers, a press release said Thursday (Sept. 1)....

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