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

SoFi Concludes $750M Purchase of Golden Pacific Bank
SoFi Concludes $750M Purchase of Golden Pacific Bank
February 02, 2022  |  Acquisitions

Digital personal finance company SoFi Technologies has completed its acquisition of Golden Pacific Bank, a Sacramento-based community bank with approximately $150 million in assets. Get...

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UK Digital Bank Monzo Officially Lands in US
UK Digital Bank Monzo Officially Lands in US
February 02, 2022  |  Digital Banking

After an 18-month beta launch with a waiting list in the U.S., the U.K. challenger bank Monzo is now ready to open the app-based accounts...

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Latin America’s Digital Payments Transformation Passes the ‘Grandma Test’
Latin America’s Digital Payments Transformation Passes the ‘Grandma Test’
February 02, 2022  |  Payment Methods

To get a sense of the inroads digital payments have made in Latin America, Aron Schwarzkopf, CEO of Kushki, told Karen Webster: Just use the...

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Bank-Issued BNPL Interest Cuts Through All Demographics
Bank-Issued BNPL Interest Cuts Through All Demographics
January 31, 2022  |  Buy Now Pay Later

It’s not just those who are pinching every penny and living paycheck to paycheck who are interested in making their payments in installments, according to...

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3 Challenges Facing Credit Unions
3 Challenges Facing Credit Unions
January 31, 2022  |  Credit Unions

Talk to experts in the credit union (CU) space, and they’ll tell you most CUs are trailing their peers in the banking industry when it...

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GO2bank Unveils Experian Credit Care Advantage
GO2bank Unveils Experian Credit Care Advantage
January 31, 2022  |  Digital Banking

Green Dot’s digital banking affiliate, GO2bank, is adding to its credit-building toolbox with Experian Credit Care Advantage, which will help customers access and improve their...

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Convenience Driving Consumers to Open Banking
Convenience Driving Consumers to Open Banking
January 31, 2022  |  Digital-First Banking

A recent report finds that a majority of American and Canadian consumers say they’d be willing to share financial information with FinTechs if it meant...

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Today in FinTech: PayPal Expands Payment Options in Germany; New Digital Bank Coming to Brazil
Today in FinTech: PayPal Expands Payment Options in Germany; New Digital Bank Coming to Brazil
January 28, 2022  |  Digital Banking

In today’s FinTech news, PayPal is adding new payment options in Germany that give eligible shoppers 30 days to pay, while Brazil could be gaining...

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UK Neobanks Expand Offerings as New Player Enters Space, UAE Digital Bank Targets Gen Z
UK Neobanks Expand Offerings as New Player Enters Space, UAE Digital Bank Targets Gen Z
January 28, 2022  |  Digital Banking

In this week’s top neobank news for Europe, the Middle East and Africa (EMEA), United Kingdom digital bank Monese launched a feature to help improve...

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