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

Banks Worry Russia Will Target SWIFT System

Banks Worry Russia Will Target SWIFT System
Banks Worry Russia Will Target SWIFT System
March 15, 2022  |  International

Financial executives are expressing fears of Russian cyber attacks on SWIFT after several of the country’s biggest banks were removed from the payments messaging system....

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Paytm CEO: Investors Don’t Have Access to User Data
Paytm CEO: Investors Don’t Have Access to User Data
March 15, 2022  |  Bank Regulation

Paytm CEO Vijay Shekhar Sharma said investors in his firm do not have access to customer data, in a bid to ease concerns over reports...

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Digitizing Remittances Breaks Down the Money-Movement Divide
Digitizing Remittances Breaks Down the Money-Movement Divide
March 15, 2022  |  Digital-First Banking

There’s a great divide in cross-border remittances between send- and receive-heavy countries. Get the Full Story Complete the form to unlock this article and enjoy...

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Banks’ Digital Offerings Walk a Fine Line Between Trust and Seamlessness
Banks’ Digital Offerings Walk a Fine Line Between Trust and Seamlessness
March 15, 2022  |  Digital-First Banking

Roughly 70% of consumers have extremely or very high levels of trust in their financial institutions (FIs), which may lead one to wonder what’s going...

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This Week in FinTech Ukraine: Dutch Tech Entrepreneurs Join Humanitarian Effort; Latvia-Based Companies Form ‘Entrepreneurs for Peace’
This Week in FinTech Ukraine: Dutch Tech Entrepreneurs Join Humanitarian Effort; Latvia-Based Companies Form ‘Entrepreneurs...
March 14, 2022  |  International

This week in FinTech Ukraine, Dutch entrepreneurs form the People for People Foundation, which is offering Ukrainian refugees shelter and no-cost digital bank accounts. Also,...

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Treasure Cash Platform Helps Businesses Make More on Idle Cash
Treasure Cash Platform Helps Businesses Make More on Idle Cash
March 14, 2022  |  B2B Payments

B2B FinTech cash management platform Treasure Financial on Monday (March 14) unveiled Treasure Cash within the Treasure Reserve portal, which the company says can bring...

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European Banks to Isolate Russian FI Computer Networks
European Banks to Isolate Russian FI Computer Networks
March 14, 2022  |  International

In the latest move to protect Ukraine from Russian cyberattacks following the invasion, European banks with branches in Russia are separating those financial institutions (FIs)...

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Today in B2B: APIs Play Critical Role in Payments Orchestration; Digital Bank Lunar Raises $76M
Today in B2B: APIs Play Critical Role in Payments Orchestration; Digital Bank Lunar Raises $76M
March 11, 2022  |  B2B Payments

Today in B2B payments, Happiness Development inked a $6.7 million direct offering for a B2B auto business, and decentralized markets and local skills boost European...

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Digital Bank Lunar Raises $76M
Digital Bank Lunar Raises $76M
March 11, 2022  |  Digital-First Banking

Digital bank Lunar has closed a $76 million (€70 million) Series D-2 funding round, the Scandinavian company said in a blog post Friday (March 11)....

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