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

US FinTech WayaPay Launches Digital Bank, Transfer App Aimed at African Immigrants

US FinTech WayaPay Launches Digital Bank, Transfer App Aimed at African Immigrants
US FinTech WayaPay Launches Digital Bank, Transfer App Aimed at African Immigrants
September 18, 2022  |  Banking

WayaPay, which describes itself as a Kenyan FinTech based in the United States, says it has launched its full-service digital bank and money-transfer app tailored...

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Fear, Skepticism Drive Weird Relationship With New Tech
Fear, Skepticism Drive Weird Relationship With New Tech
September 16, 2022  |  Payments Innovation

While panning PYMNTS’ weekly stream of research and surveys, an unexpected thread of mistrust, misperception and misuse emerged, involving both consumers and businesses, that wove...

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NCR Splitting Into 2 Distinct Companies
NCR Splitting Into 2 Distinct Companies
September 16, 2022  |  Business

Bank, retail and restaurant enterprise technology provider NCR is splitting into two distinct publicly traded companies, with one focused exclusively on ATMs and the other...

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Financial Services Firm Truist Deploys AI-Enhanced Virtual Assistant
Financial Services Firm Truist Deploys AI-Enhanced Virtual Assistant
September 15, 2022  |  Banking

Aiming to combine innovative technology with human touch, financial services company Truist Financial has added an artificial intelligence (AI)-enhanced virtual assistant to its mobile banking...

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Majority Raises $37.5M to Further Serve Banking Needs of US Migrants
Majority Raises $37.5M to Further Serve Banking Needs of US Migrants
September 14, 2022  |  Banking

Mobile bank for migrants Majority raised $37.5 million in a Series B funding round for expanding its suite of essential services as it continues its...

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Why Banking Apps Need to Be More Than Just Banking Apps
Why Banking Apps Need to Be More Than Just Banking Apps
September 14, 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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YAP CEO Says Collaboration, Not Competition, Creates More Wins for MENA Neobanks
YAP CEO Says Collaboration, Not Competition, Creates More Wins for MENA Neobanks
September 14, 2022  |  Banking

Unconstrained by legacy systems, decades-long financial commitments and the obligations of a full banking license, digital banking apps are shaking things up and introducing a...

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EMEA Daily: Verto and Xente Team up on NGO Payments; Wio Digital Bank Launches in UAE With Initial Focus on SMBs
EMEA Daily: Verto and Xente Team up on NGO Payments; Wio Digital Bank Launches in...
September 13, 2022  |  Europe

Today in Europe, the Middle East and Africa (EMEA), Verto has partnered with Xente to provide payment services to NGOs and the United Arab Emirates...

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