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

Credit Unions Use Digital to Head Off Competition From Big Banks, FinTechs

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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
Mobile Banking, Finance Apps Muscle Up for Next Phase of Digital Shift
Mobile Banking, Finance Apps Muscle Up for Next Phase of Digital Shift
May 12, 2022  |  Digital Banking

News of major enhancements to Google Wallet give a sense of the centrality of mobile payments and finance apps as digital shift phase two kicks...

READ MORE >
Crypto Banking Firm BVNK Raises $40M in Series A
Crypto Banking Firm BVNK Raises $40M in Series A
May 12, 2022  |  Investments

South African crypto-to-fiat startup BVNK has raised $40 million in a Series A funding round, the company said on its website Thursday (May 12). Get...

READ MORE >
SoFi’s Membership Growth Slows to 70% as Triple-Digit Pandemic Gains Fade
SoFi’s Membership Growth Slows to 70% as Triple-Digit Pandemic Gains Fade
May 10, 2022  |  Earnings

Push the wrong button — sink a stock.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

READ MORE >
HCL Technologies Boosts Its Wealth Management Business With Buy of Switzerland’s Confinale
HCL Technologies Boosts Its Wealth Management Business With Buy of Switzerland’s Confinale
May 10, 2022  |  Acquisitions

Global tech company HCL Technologies will be acquiring Confinale, a Switzerland-based digital banking and wealth management consulting specialist and Avaloq Premium Implementation Partner, a press...

READ MORE >
PYMNTS Intelligence: Why Security Is Key to the Future of IoT-Enabled Devices for Banking and Payments
PYMNTS Intelligence: Why Security Is Key to the Future of IoT-Enabled Devices for Banking and...
May 10, 2022  |  Fraud Prevention

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >