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

Hong Kong FPS Averages $667.9M in Daily Transaction Volume  

Hong Kong FPS Averages $667.9M in Daily Transaction Volume  
Hong Kong FPS Averages $667.9M in Daily Transaction Volume  
November 03, 2021  |  Faster Payments

Three years after its launch, Hong Kong’s Faster Payment System (FPS) has reached nearly 750,000 daily transactions with a total volume of 5.2 billion Hong...

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Payment Firm Zelle’s YoY Sent Payment Values Increased by 51% for Q3
Payment Firm Zelle’s YoY Sent Payment Values Increased by 51% for Q3
November 03, 2021  |  Earnings

Early Warning Services, the parent company of FinTech payments firm Zelle, posted year-over-year (YOY) increases across Zelle Small Business and Disbursements with Zelle, according to...

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Latest Digital Banking App Provider Ranking Deposits Valuable New Information
Latest Digital Banking App Provider Ranking Deposits Valuable New Information
November 03, 2021  |  Digital Banking

It’s getting more difficult to picture life before banking apps. To think we used to make an actual phone call — or (gasp) go to...

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WU: On Track to Launch Digital Bank Pilot by Year’s End
WU: On Track to Launch Digital Bank Pilot by Year’s End
November 02, 2021  |  Earnings

The Western Union Company (WU) touted its upcoming Germany and Romania digital banking pilot in its third quarter earnings results, according to a press release....

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Bitcoin Daily: STAR Bank Offers Customers Bitcoin Trading Services on Alkami’s Platform
Bitcoin Daily: STAR Bank Offers Customers Bitcoin Trading Services on Alkami’s Platform
November 02, 2021  |  Bitcoin

STAR Bank will be Alkami Technology’s first client to use the company’s tech to offer crypto to customers, the companies announced in a joint press...

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VertoFX Teams With ClearBank for Enhanced SMB Cross-Border Payments
VertoFX Teams With ClearBank for Enhanced SMB Cross-Border Payments
November 02, 2021  |  B2B Payments

Business-to-business payments firm VertoFX is partnering with cloud-based clearing company ClearBank to bring comprehensive solutions for cross-border payments to underserved businesses in Europe. Get the...

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Western Union Launches WU Shop
Western Union Launches WU Shop
November 02, 2021  |  Retail

Western Union on Tuesday (Nov. 2) announced the launch of shopping platform WU Shop in Germany and Austria with plans to roll it out in...

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Bitcoin Miners, Neobanks File to Bring Shares Public
Bitcoin Miners, Neobanks File to Bring Shares Public
October 29, 2021  |  IPO

In evidence that the digital age has fully ensnared Wall Street, recent listings announcements — across special purpose acquisition companies (SPACs) and traditional initial public...

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Nubank IPO Filing, Valuation Spotlights Heady Neobank Growth Expectations  
Nubank IPO Filing, Valuation Spotlights Heady Neobank Growth Expectations  
October 29, 2021  |  IPO

Through the pandemic, amid a heady pace of FinTech-related listings activity on U.S. exchanges, Nubank is, to quote an old movie, readying for its closeup....

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