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)

Larger FIs More Likely to Use AI and ML to Fight Financial Crime
Larger FIs More Likely to Use AI and ML to Fight Financial Crime
January 08, 2024  |  Fraud Prevention

Financial institutions (FIs) are increasingly recognizing the importance of fraud-fighting technologies as they confront more sophisticated fraud and financial crimes. In fact, the surge in...

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Truist to Close 3.5% of Branches as Customers Bank Digitally 
Truist to Close 3.5% of Branches as Customers Bank Digitally 
January 04, 2024  |  Digital Banking

Truist Financial will close 3.5% of its branches in March because more clients are choosing to bank with it digitally.  The Charlotte, North Carolina-based bank is...

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Will 2024 See Crypto Make Good on Its Financial Inclusion Promise?
Will 2024 See Crypto Make Good on Its Financial Inclusion Promise?
January 04, 2024  |  Financial Inclusion

Crypto had a bumpy, and at times wild, 2023. But industry observers and participants continue to believe that blockchain technology and cryptocurrencies have the potential to revolutionize financial...

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Revolut Scores Perfect 100 in Provider Ranking of Digital Banking Apps
Revolut Scores Perfect 100 in Provider Ranking of Digital Banking Apps
December 27, 2023  |  Digital Banking

Now that holiday spending is done, you might resolve to take control of your finances in the new year. PYMNTS’ Provider Ranking of Digital Banking...

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After-Incident Reports Turn Cyber Breaches Into Blueprints for Future Security
After-Incident Reports Turn Cyber Breaches Into Blueprints for Future Security
December 21, 2023  |  Cybersecurity

In today’s digitized and hyper-fast world, cyberattacks and the threat of security breaches abound. So, what are treasury leaders and companies to do to both...

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Report: Revolut Aims for $1.9 Billion in Revenue for 2023
Report: Revolut Aims for $1.9 Billion in Revenue for 2023
December 20, 2023  |  Digital Banking

British FinTech Revolut is reportedly on track to bring in $1.9 billion in revenue for the year. The startup’s monthly revenue averaged roughly $158 million in the first half...

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Goldman Lampe Integrates AI Systems Into Internet Banking Platform 
Goldman Lampe Integrates AI Systems Into Internet Banking Platform 
December 15, 2023  |  artificial intelligence

Goldman Lampe Private Bank has announced the integration of advanced artificial intelligence (AI) systems into its internet banking platform.  This move aims to offer enhanced security...

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40% of Bank Customers Still Don’t Trust Online Authentication When Making Purchases
40% of Bank Customers Still Don’t Trust Online Authentication When Making Purchases
December 15, 2023  |  Authentication

In today’s digital era, banking customers are asserting more control over their financial security and no longer relying solely on their banks to protect their...

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TD Bank and Plaid Partner to Ease Access to Apps
TD Bank and Plaid Partner to Ease Access to Apps
December 14, 2023  |  Digital Banking

TD Bank Group and Plaid have partnered to eliminate the need for TD customers in Canada and the United States to share login credentials with...

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