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

SWIFT Go Signs 100 Banks Since July’s Launch

SWIFT Go Signs 100 Banks Since July’s Launch
SWIFT Go Signs 100 Banks Since July’s Launch
October 14, 2021  |  Cross-border Payments

Since launching the offering in July, SWIFT has signed 100 banks to use its SWIFT Go money transfer product. Ten financial institutions have already gone...

READ MORE >
N26 Close to Getting $800M In Funding Round
N26 Close to Getting $800M In Funding Round
October 13, 2021  |  Investments

Germany-based N26 is about to close an $800 funding round after months of speculation, Business Insider reported. The capital infusion will more than double the...

READ MORE >
BluCurrent Credit Joins PSCU for Card Processing, Digital Banking
BluCurrent Credit Joins PSCU for Card Processing, Digital Banking
October 13, 2021  |  Credit Unions

BluCurrent Credit is partnering with the credit union service organization (CUSO) PSCU for debit and credit card processing, support services, and digital and mobile banking...

READ MORE >
UAE Digital-First Bank Mashreq NEO Debuts Facial Recognition
UAE Digital-First Bank Mashreq NEO Debuts Facial Recognition
October 12, 2021  |  Biometrics

Digital bank Mashreq NEO, based in the United Arab Emirates, is letting residents open bank accounts with facial recognition technology, the Khaleej Times reported. Get...

READ MORE >
Bottomline Unveils Bank Payments Tracking Service via Swift API
Bottomline Unveils Bank Payments Tracking Service via Swift API
October 12, 2021  |  Digital-First Banking

Bottomline, which provides financial technology to simplify business payments, has announced a new application programming interface (API)-based payments tracking service, according to a press release....

READ MORE >
Jack Henry Announces Partnership With Open Banking Firms
Jack Henry Announces Partnership With Open Banking Firms
October 12, 2021  |  Digital Banking

The payments processing service company Jack Henry & Associates says that three open banking platforms are the first in their industry to integrate into its...

READ MORE >
SMB Digital Banking Startup Open Closes $100M Funding At $500M Valuation
SMB Digital Banking Startup Open Closes $100M Funding At $500M Valuation
October 12, 2021  |  Digital Banking

Digital business banking startup Open raised $100 million in a funding round led by Temasek, with participation by existing investors Tiger Global and 3one4 Capital...

READ MORE >
Customers Cite Trust and Security as Restraining Factors in Adopting Digital-Only Banking Service
Customers Cite Trust and Security as Restraining Factors in Adopting Digital-Only Banking Service
October 11, 2021  |  Digital Banking

Banking customers have made it evident in a PYMNTS study that convenience and ease of use provided by technology-based services are of utmost value to...

READ MORE >
The Ten Year Reset: Highnote CEO Says Embedded Payments Need More Modern ‘Full-Stack’ Tech
The Ten Year Reset: Highnote CEO Says Embedded Payments Need More Modern ‘Full-Stack’ Tech
October 11, 2021  |  Banking

We are moving toward the age of the super app, toward payments being embedded within experiences rather than being separate from them.  For the smaller...

READ MORE >