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

Direct Credit Card Issuing Helps Small Banks, Credit Unions Compete With Larger FI Rivals

Direct Credit Card Issuing Helps Small Banks, Credit Unions Compete With Larger FI Rivals
Direct Credit Card Issuing Helps Small Banks, Credit Unions Compete With Larger FI Rivals
November 23, 2021  |  Credit Unions

Long stuck with cookie-cutter credit issuing capabilities due to their size, staffing, partners and geographical limits, small financial institutions (FIs) have been at a distinct...

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UK Finance Calls for New Open Banking Standards
UK Finance Calls for New Open Banking Standards
November 22, 2021  |  Banking

The U.K. should develop new open banking standards, according to a new report on open banking payments issued by the trade association UK Finance. Get...

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KeyBank Buys B2B Digital Banking Platform XUP 
KeyBank Buys B2B Digital Banking Platform XUP 
November 22, 2021  |  Partnerships / Acquisitions

Cleveland-based financial service company KeyBank National Association has purchased B2B digital banking-as-a-service (BaaS) platform XUP Payments, according to a Monday (Nov. 22) press release. Financial...

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Consumers Ready To Look Past Passwords To Keep Digital Bank Accounts Secure
Consumers Ready To Look Past Passwords To Keep Digital Bank Accounts Secure
November 22, 2021  |  Authentication

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‘Banking is Exciting’ FinWise CEO Says as Stock Surges After IPO
‘Banking is Exciting’ FinWise CEO Says as Stock Surges After IPO
November 22, 2021  |  Digital-First Banking

“Banking is an exciting place to be right now. There’s a lot happening,” Kent Landvatter, CEO/president of FinWise, told PYMNTS CEO Karen Webster in a...

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N26 US Exit Renews Debate Over What Consumers Want From Digital Banking
N26 US Exit Renews Debate Over What Consumers Want From Digital Banking
November 18, 2021  |  Digital Banking

Announcing on Thursday (Nov. 18) that it is ceasing operations in North America starting in January 2022, Berlin-based neobank N26 has recharged the debate around...

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German Digital Bank N26 Shutting Down U.S. Operations 
German Digital Bank N26 Shutting Down U.S. Operations 
November 18, 2021  |  Banking

German digital bank N26 will close its U.S. operations as of Jan. 11, 2022, less than two-and-a-half years after it debuted in America and attracted...

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FinTechs Play Big Role in Helping Consumers Shop Across Latin America
FinTechs Play Big Role in Helping Consumers Shop Across Latin America
November 18, 2021  |  Digital Payments

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Kids’ App Revolut Junior Adds Apple Pay in UK, Europe
Kids’ App Revolut Junior Adds Apple Pay in UK, Europe
November 17, 2021  |  Digital Payments

Revolut has made Apple Pay available to Revolut Junior users in the United Kingdom and the European Economic Area (EEA), and will soon do the...

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