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

Open Banking Firm Vyne Completes $15.5M Seed Round
Open Banking Firm Vyne Completes $15.5M Seed Round
September 23, 2021  |  Investments

Open banking firm Vyne on Thursday (Sept. 23) completed what’s being called the largest seed funding valuation for any U.K.-based platform of its kind at...

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MODO, Spreedly Join Forces to Bolster Digital Banking in Argentina
MODO, Spreedly Join Forces to Bolster Digital Banking in Argentina
September 23, 2021  |  Digital Banking

In an effort to help consumers in Argentina connect all of their bank accounts and cards in one location, payments integration platform Spreedly will support...

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Circle Partners With Plaid to Drive Bank Verifications for ACH Payments
Circle Partners With Plaid to Drive Bank Verifications for ACH Payments
September 23, 2021  |  Partnerships / Acquisitions

Global FinTech startup and stablecoin issuer Circle is partnering with financial data aggregator Plaid to ease and speed the verification process for ACH payments and...

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TrueLayer Joins ‘Unicorn Club’ as Fresh Funding Chases Open Banking Opps in Europe
TrueLayer Joins ‘Unicorn Club’ as Fresh Funding Chases Open Banking Opps in Europe
September 22, 2021  |  Investments

Global open banking platform TrueLayer joined the unicorn club this week, as its new $1 billion valuation points to both the opportunity and enthusiasm surrounding...

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UK Bank Lobby Group: Fraud Threatens National Security  
UK Bank Lobby Group: Fraud Threatens National Security  
September 22, 2021  |  Fraud Attack

Increasing incidents of fraud against online shoppers and digital banking newcomers across Britain since the start of the COVID-19 pandemic is “a national security threat”...

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Pakistan’s TAG Raises $12M in Seed Funding Round 
Pakistan’s TAG Raises $12M in Seed Funding Round 
September 22, 2021  |  Investments

Seeking to leverage the growing popularity of digital payments triggered by the pandemic, Pakistani FinTech startup TAG has raised $12 million and reached a valuation...

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Canada’s VersaBank Unveils Pricing for $55M IPO
Canada’s VersaBank Unveils Pricing for $55M IPO
September 22, 2021  |  IPO

VersaBank, the first digital-only bank in Canada, has announced the pricing for its previously announced initial public offering (IPO) of its common shares. Get the...

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JPMorgan Moves Across the Pond Into a Crowded Digital Banking Field 
JPMorgan Moves Across the Pond Into a Crowded Digital Banking Field 
September 22, 2021  |  Banking

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U.K. Digital Bank Monzo Enables Card Payments from Earmarked Savings
U.K. Digital Bank Monzo Enables Card Payments from Earmarked Savings
September 21, 2021  |  Digital-First Banking

London-based FinTech company Monzo, in an effort to simplify the bill-paying and household budgeting process, has made it possible for account holders to make card...

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