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

JPMorgan’s UK Digital Bank Processed 20 Million Payments in 8 Months

JPMorgan’s UK Digital Bank Processed 20 Million Payments in 8 Months
JPMorgan’s UK Digital Bank Processed 20 Million Payments in 8 Months
May 23, 2022  |  Digital-First Banking

JPMorgan’s consumer bank Chase in Britain, a digital venture, now has over half a million customers, Reuters wrote Monday (May 23). Get the Full Story...

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JPMorgan: Tech and Product Investments to Top $2.8B in 2022
JPMorgan: Tech and Product Investments to Top $2.8B in 2022
May 23, 2022  |  Digital Banking

J.P. Morgan’s investor day Monday (May 23) had all eyes on Wall Street focusing on net interest margins and CEO Jamie Dimon’s take on macro-related...

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BNP Paribas Becomes Latest Bank to Embrace Blockchain
BNP Paribas Becomes Latest Bank to Embrace Blockchain
May 23, 2022  |  Blockchain

French bank BNP Paribas has joined a U.S.-based blockchain-powered network overseen by JPMorgan to use digital tokens for short-term trading in fixed income markets, stepping...

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Sokin, Mastercard Expand Digital Banking Partnership Across MENA
Sokin, Mastercard Expand Digital Banking Partnership Across MENA
May 23, 2022  |  emea

United Kingdom-based global currency account provider Sokin announced an expanded partnership with Mastercard to offer consumers in almost 40 new markets across the Middle East...

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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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