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

Kuwait’s Central Bank Sets Regs for Digital Banks

Kuwait’s Central Bank Sets Regs for Digital Banks
Kuwait’s Central Bank Sets Regs for Digital Banks
February 03, 2022  |  International

The Central Bank of Kuwait (CBK) has issued guidelines for establishing digital banks, with the hope of approving new digital bank applications by the end...

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KeyBank to Go Cloud-First With Google’s Help
KeyBank to Go Cloud-First With Google’s Help
February 03, 2022  |  Cloud Banking

Google Cloud, KeyBank and Deloitte have embarked on a multi-year partnership designed to accelerate the bank’s commitment to cloud-first banking. Get the Full Story Complete...

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Today in FinTech: UK Neobank Opens in US; India’s Pine Labs Eyes Setu
Today in FinTech: UK Neobank Opens in US; India’s Pine Labs Eyes Setu
February 02, 2022  |  Connected Economy

In today’s FinTech news, acquisitions take the spotlight as Pine Labs eyes Setu in India and Northmill buys Moreflo to help merchants deliver a better...

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FinTech Nubank Expects Growth Amid Brazil’s Economic Struggles
FinTech Nubank Expects Growth Amid Brazil’s Economic Struggles
February 02, 2022  |  International

Nubank founder and CEO David Vélez sees the economic struggles of Brazil as a potential opportunity for even faster growth for his digital banking platform...

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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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