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

Following Other Online Providers, Affirm Boosts APY on Savings Accounts

Following Other Online Providers, Affirm Boosts APY on Savings Accounts
Following Other Online Providers, Affirm Boosts APY on Savings Accounts
September 01, 2022  |  Digital Banking

Affirm has announced that its savings accounts now offer an annual percent yield (APY) of 1.5%, noting that’s 11.5 times the national average. Get the...

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UK Parliamentary Group Calls for ‘New Big Bang’ as Part of Neobank Regulatory Overhaul
UK Parliamentary Group Calls for ‘New Big Bang’ as Part of Neobank Regulatory Overhaul
August 31, 2022  |  Banking

In the U.K. political system, all-party parliamentary groups (APPG) consist of multi-partisan collaborative panels that bring together members of both houses to investigate important issues...

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SavvyMoney Adds New Client Portal for Bank, Credit Union Partners
SavvyMoney Adds New Client Portal for Bank, Credit Union Partners
August 31, 2022  |  Banking

Integrated credit score solution provider SavvyMoney has launched a new client portal that brings the resources it offers its bank and credit union partners together...

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Grab- and Singtel-Backed GXS Launches Digital Bank in Singapore
Grab- and Singtel-Backed GXS Launches Digital Bank in Singapore
August 31, 2022  |  Digital Banking

GXS Bank, which is backed by Southeast Asian super app provider Grab and Asian communications technology group Singtel, has launched a digital bank for consumers and...

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Carbon Trackers, the Next Big Thing in European Banking Apps
Carbon Trackers, the Next Big Thing in European Banking Apps
August 30, 2022  |  Digital Banking

When considering tools to help reduce their carbon footprint, few people will immediately think of their mobile banking app. And yet, a growing number of...

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Today in the Connected Economy: Bank of America Sees Record Digital Use
Today in the Connected Economy: Bank of America Sees Record Digital Use
August 25, 2022  |  Connected Economy

Today in the connected economy, Bank of America looks to up its spending on electronic banking after seeing a record number of log-ins last month....

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UK Challenger Bank Zopa Reaches £2B Deposits Mark
UK Challenger Bank Zopa Reaches £2B Deposits Mark
August 25, 2022  |  Digital-First Banking

U.K. challenger bank Zopa reported Thursday (Aug. 25) that its deposits now total more than £2 billion, driven by its offer to help customers do...

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BofA to Expand Digital Banking Tools to Meet Growing Customer Demand
BofA to Expand Digital Banking Tools to Meet Growing Customer Demand
August 25, 2022  |  Digital Banking

After seeing a record number of consumers logging into digital channels during the month of July and the second quarter, Bank of America is planning...

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PYMNTS Intelligence: As Banks Embrace Digital-First Banking, Their Crypto Adoption Has Been Slow
PYMNTS Intelligence: As Banks Embrace Digital-First Banking, Their Crypto Adoption Has Been Slow
August 25, 2022  |  Digital-First 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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