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)

Monzo Picks Cash App Vet Conor Walsh for US CEO
Monzo Picks Cash App Vet Conor Walsh for US CEO
October 04, 2023  |  Personnel

British digital bank Monzo has named Conor Walsh to head its U.S. operations. Walsh, a veteran of Cash App, was named the bank’s U.S. CEO on Wednesday (Oct. 4), according...

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The Great Connected Consumer Paradox
The Great Connected Consumer Paradox
October 03, 2023  |  Connected Economy

It has been reported that by 2010, cable television in the U.S. had sort of hit its stride. Analysts report that 90% of homes with...

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BIAN Bids to Sidestep Legacy Infrastructure With ‘Coreless Banking’
BIAN Bids to Sidestep Legacy Infrastructure With ‘Coreless Banking’
September 28, 2023  |  Digital Banking

Hans Tesselaar, executive director of BIAN, told PYMNTS that the digital transformation of banking hinges on innovation, on interoperability between financial institution and providers forged...

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Nearly 60% of US Consumers Want to Manage Savings via an Everyday App
Nearly 60% of US Consumers Want to Manage Savings via an Everyday App
September 27, 2023  |  Consumer Insights

With an overwhelming number of apps competing for user attention, consumers are experiencing app overload. As a result, the appeal of a unified platform or...

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New Technologies Needed to Stem the Rising Tide of Crypto Fraud
New Technologies Needed to Stem the Rising Tide of Crypto Fraud
September 26, 2023  |  Fraud Prevention

Advancements in digital banking and the proliferation of faster digital payment methods have accelerated the rise in sophisticated fraud and financial crime, with financial institutions...

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FinTechs Prioritize Convenience, but Customers Want Faster Payments and More Choice
FinTechs Prioritize Convenience, but Customers Want Faster Payments and More Choice
September 26, 2023  |  Consumer Insights

Today’s economy relies heavily on digitally oriented consumers, which makes moving money swiftly a crucial demand for financial service providers, particularly emerging FinTech issuers aiming...

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NCR Sets Previously Planned Spinoff of ATM Business for October
NCR Sets Previously Planned Spinoff of ATM Business for October
September 25, 2023  |  Business

NCR announced that its planned spinoff of its ATM business is weeks away. The technology services company said its board approved the timing of the...

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Revolut and Chime Vie for Top Spot in Provider Ranking of Digital Banking Apps
Revolut and Chime Vie for Top Spot in Provider Ranking of Digital Banking Apps
September 25, 2023  |  Mobile Applications

In this edition of PYMNTS’ Provider Ranking of Digital Banking Apps we see some movers and shakers changing ranks, but our tie for first keeps on as...

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Varo Unveils Instant Payments to Anyone With US Debit Card
Varo Unveils Instant Payments to Anyone With US Debit Card
September 21, 2023  |  Real-Time Payments

Varo Bank introduced Varo to Anyone, the digital bank’s free instant payment service. The service allows for payments from Varo Bank accounts insured up to...

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