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

Copper Banking Raises $9M in Seed Funding

Copper Banking Raises $9M in Seed Funding
Copper Banking Raises $9M in Seed Funding
October 06, 2021  |  Investments

Teen-focused digital banking service Copper Banking on Wednesday (Oct. 6) announced it has raised a total of $13.3 million in seed funding after recently completing...

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Core10 Acquires Accrue to Advance Lending Tools 
Core10 Acquires Accrue to Advance Lending Tools 
October 06, 2021  |  Partnerships / Acquisitions

FinTech solutions startup Core10 is acquiring financial analytics firm Accrue Technologies to bring new configurable lending and banking applications to community banks and credit unions,...

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PSCU Unveils Prepaid Card Platform
PSCU Unveils Prepaid Card Platform
October 06, 2021  |  Credit Unions

Spurred by growing demand for prepaid cards, the payments credit union service PSCU has launched what it calls a “prepaid digital experience platform.” Get the...

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New Digital Banking App Provider Ranking Shows Who’s Boss — and Who’s Tossed
New Digital Banking App Provider Ranking Shows Who’s Boss — and Who’s Tossed
October 06, 2021  |  Digital Banking

We meet regularly in this space to sort out the rising and falling of digital banking apps, because it’s important to global commerce — and...

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49% of US Consumers Interested in Digital Banking Services from Larger Firms
49% of US Consumers Interested in Digital Banking Services from Larger Firms
October 05, 2021  |  Digital Banking

The report “Digital Banking: The Brewing Battle for Where We Will Bank,” a PYMNTS and Optherium collaboration, surveyed 2,225 U.S.-based consumers to gauge their impressions...

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Ribbit Capital Invests in Indonesian Digital Bank, Bank Jago 
Ribbit Capital Invests in Indonesian Digital Bank, Bank Jago 
October 04, 2021  |  Investments

Venture capital firm Ribbit Capital recently bought a minority stake in a Jakarta-based digital bank Bank Jago, the country’s first fully digital bank, according to...

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Security Breaches Underscore Questions on Open Banking’s Data Liability  
Security Breaches Underscore Questions on Open Banking’s Data Liability  
October 04, 2021  |  Security & Fraud

The chain of data protection – keeping the most sensitive information out of the hands of hackers and other bad actors – is only as...

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Challenger Bank Monzo Abandons US Banking License Application
Challenger Bank Monzo Abandons US Banking License Application
October 04, 2021  |  Digital-First Banking

London-based FinTech company Monzo has pulled back its application for a U.S. banking license, according to a Monday (Oct. 4) report from CNBC. Get the...

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Google Abandons Plans for Plex User Bank Accounts
Google Abandons Plans for Plex User Bank Accounts
October 01, 2021  |  Digital Banking

Google has jettisoned its plan to offer bank accounts to its users, The Wall Street Journal reported on Friday (Oct. 1). Get the Full Story...

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