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

German Virtual Bank Penta Aims for $500M Valuation
German Virtual Bank Penta Aims for $500M Valuation
February 23, 2022  |  Investments

German digital business banking platform Penta is speaking with potential investors as it seeks a valuation of between $453 million and $567 million (400 million...

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Security, Trust Key to Consumer Adoption of Open Banking
Security, Trust Key to Consumer Adoption of Open Banking
February 23, 2022  |  Digital-First Banking

Americans have opened new accounts, taken out additional loans and carried balances in the past year, and many showed preferences for managing all of this...

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24% of Consumers Don’t Trust Digital Account Opening Tech
24% of Consumers Don’t Trust Digital Account Opening Tech
February 22, 2022  |  Consumer Finance

Fifty-nine percent of consumers have opened new financial accounts in the past year, according to Account Opening And Loan Servicing In The Digital Environment, a...

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Digital Banking Leaves Teller Deposits in the Distance
Digital Banking Leaves Teller Deposits in the Distance
February 22, 2022  |  Banking

Banking, without a backward glance, is leaving the branch behind. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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SoFi Pays $1.1B For Banking Software Firm Technisys
SoFi Pays $1.1B For Banking Software Firm Technisys
February 22, 2022  |  Acquisitions

SoFi Technologies will pay roughly $1.1 billion for banking-software company Technisys, part of a series of deals by the personal finance firm to bolster its...

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French Neobank Qonto Targets SMBs, Burgeoning Pool of Freelancers
French Neobank Qonto Targets SMBs, Burgeoning Pool of Freelancers
February 21, 2022  |  Digital Banking

Jump-starting a new business as an entrepreneur or solopreneur can be challenging no matter where an individual is based, but in Europe, business banking can...

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Neobank Weekly: Atom Bank Contracts With Insurance Firm Gallagher
Neobank Weekly: Atom Bank Contracts With Insurance Firm Gallagher
February 18, 2022  |  Digital Banking

United Kingdom-based Atom Bank signed a deal with Gallagher, the insurance firm also based in the U.K., to provide the businesses with insurance and risk...

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Lawmaker Urges Philippines Central Bank to Push for Lower Fees
Lawmaker Urges Philippines Central Bank to Push for Lower Fees
February 18, 2022  |  Digital Banking

Philippines’ Sen. Grace Poe is turning to the country’s central bank to request that it help appeal to financial institutions to lower digital and eWallet...

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Akulaku Gets $100M Investment for Southeast Asia Expansion
Akulaku Gets $100M Investment for Southeast Asia Expansion
February 18, 2022  |  Investments

Siam Commercial Bank has made a $100 million strategic investment in Indonesian banking and digital finance platform Akulaku that will help the company continue its...

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