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

FinTech equipifi Raises $12M for BNPL Bank Service
FinTech equipifi Raises $12M for BNPL Bank Service
May 23, 2022  |  Investments

FinTech equipifi has raised $12 million in a Series A funding round to continue rolling out its white-label buy now, pay later (BNPL) service to...

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BaaS Firm Unit Valued at $1.2B After Series C
BaaS Firm Unit Valued at $1.2B After Series C
May 19, 2022  |  Investments

Unit is now a unicorn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Temasek Leads $160M Series D for Thought Machine’s Expansion
Temasek Leads $160M Series D for Thought Machine’s Expansion
May 18, 2022  |  Investments

Cloud banking technology startup Thought Machine closed a $160 million Series D funding round led by Temasek that gives the firm a post-money valuation of...

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PYMNTS Digital-First Banking Tracker: Younger Consumers Still Enjoy in-Person Banking
PYMNTS Digital-First Banking Tracker: Younger Consumers Still Enjoy in-Person Banking
May 13, 2022  |  Banking

Picture two banking customers: one a recent college grad who’s never known life without the internet, the other a recent retiree who grew up using...

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Customers Turn to FIs That Deliver Hybrid Financial Wellness Solutions
Customers Turn to FIs That Deliver Hybrid Financial Wellness Solutions
May 13, 2022  |  Digital-First Banking

The pandemic's surge in online and mobile banking has subtly ebbed back toward a more hybrid approach that offers customers both digital convenience and face-to-face...

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Credit Unions Use Digital to Head Off Competition From Big Banks, FinTechs
Credit Unions Use Digital to Head Off Competition From Big Banks, FinTechs
May 13, 2022  |  Credit Unions

By and large, credit unions (CUs) are weathering the pandemic well, but nimble FinTechs and resourceful big banks want those loyal CU members as their...

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LatAm Payments and Banking Platform Dock Raises $110M
LatAm Payments and Banking Platform Dock Raises $110M
May 12, 2022  |  Investments

Dock, a payments and digital banking platform for Latin America, has raised $110 million in a funding round, which will go towards expanding internationally and...

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62% of Consumers Are Satisfied With Their Bank’s Cross-Channel Integration
62% of Consumers Are Satisfied With Their Bank’s Cross-Channel Integration
May 12, 2022  |  Digital Banking

Cross-channel integration has become table stakes for financial institutions (FIs), as consumers expect to find it easy to transact, make payments and see transaction histories...

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Mastercard Brings Financial Inclusion Offering to Central America
Mastercard Brings Financial Inclusion Offering to Central America
May 12, 2022  |  Financial Inclusion

Mastercard is rolling out a financial inclusion program in Guatemala, El Salvador and Honduras that will “accelerate the company’s objective of including five million unbanked...

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