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

Wio Digital Bank Launches in UAE With Initial Focus on SMBs

Wio Digital Bank Launches in UAE With Initial Focus on SMBs
Wio Digital Bank Launches in UAE With Initial Focus on SMBs
September 13, 2022  |  Banking

Wio, a government-backed digital bank, has launched in the United Arab Emirates. Get the Full Story Complete the form to unlock this article and enjoy...

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The Data Point: 57% of Millennials and Bridge Millennials Drawn to Digital Banks
The Data Point: 57% of Millennials and Bridge Millennials Drawn to Digital Banks
September 13, 2022  |  Banking

While digital banking still accounts for a small percentage of the overall pie, interest is growing in neobanks over traditional banks for some demographics who...

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Turkish Startup Fimple Raises $2M to Grow BaaS Solutions
Turkish Startup Fimple Raises $2M to Grow BaaS Solutions
September 12, 2022  |  Investments

Turkish startup Fimple has drawn $2 million worth of investments in a two-month, pre-seed tour and aims for global expansion of its cloud-based financial services....

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Western Union Acquires Te Enviei to Speed Digital Wallet Launch in Brazil
Western Union Acquires Te Enviei to Speed Digital Wallet Launch in Brazil
September 12, 2022  |  Mobile

Western Union will begin offering its digital wallet in Latin America in the first half 2023, beginning with a launch in Brazil enabled by the...

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Study Finds Fewer Than 10% of Consumers Use FinTechs as a Primary Bank
Study Finds Fewer Than 10% of Consumers Use FinTechs as a Primary Bank
September 12, 2022  |  Consumer Finance

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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KeyBank on Why the Future Is Already Here With Embedded Banking
KeyBank on Why the Future Is Already Here With Embedded Banking
September 08, 2022  |  Banking

Embedded finance helps businesses reduce the risk of fraud and expands support for consumers’ preferred payment methods. In the "Embedded Finance Tracker®," KeyBank’s Bennie Pennington...

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