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

APIs Enable Shortcuts for US and Brazilian Cross-Border Commerce

APIs Enable Shortcuts for US and Brazilian Cross-Border Commerce
APIs Enable Shortcuts for US and Brazilian Cross-Border Commerce
September 03, 2021  |  Cross-border Payments

As millions of consumers shifted their shopping activities online, businesses faced numerous barriers when meeting them there, particularly companies seeking to penetrate the United States...

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Federal Agencies Issue FinTech Guidance For Community Banks
Federal Agencies Issue FinTech Guidance For Community Banks
September 02, 2021  |  Bank Regulation

Guidance published in collaboration with several federal agencies was recently handed down to offer voluntary counsel for community banks launching partnerships with FinTechs, according to...

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Cross-Border CBDCs Being Piloted in Australia, Malaysia, Singapore, South Africa
Cross-Border CBDCs Being Piloted in Australia, Malaysia, Singapore, South Africa
September 02, 2021  |  Digital-First Banking

Central bank digital currencies (CBDC) are being trialed for cross-border payments in Australia, Malaysia, Singapore and South Africa, according to Reuters and other news outlets...

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Singapore: Binance Lacks License to Offer Services
Singapore: Binance Lacks License to Offer Services
September 02, 2021  |  Cryptocurrency

The Monetary Authority of Singapore said cryptocurrency exchange platform Binance Holdings Ltd. had been providing payment and business transaction services to Singapore’s residents without proper...

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Revolut CEO Sets Sights on Hiking Sales Before IPO
Revolut CEO Sets Sights on Hiking Sales Before IPO
September 02, 2021  |  Digital-First Banking

Banking FinTech company Revolut is still in need of billions of dollars in annual sales before it can go public, according to a Bloomberg report....

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The Secret Sauce for FIs to Retain Customers Is to Be Invisible, Fast and (Nearly) Free
The Secret Sauce for FIs to Retain Customers Is to Be Invisible, Fast and (Nearly)...
September 02, 2021  |  Digital-First Banking

“The notion of having a single financial relationship is really a thing of the past,” said Todd Clark, president and CEO of CO-OP Financial Services,...

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Extreme Makeover: Six in 10 Credit Unions Adding Digital Options to Branches
Extreme Makeover: Six in 10 Credit Unions Adding Digital Options to Branches
September 01, 2021  |  Digital Banking

Not unlike the “all of the above” answer on a multiple-choice test, when it comes to credit unions (CUs) deciding between investing in new digital...

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Revolut’s US Credit Card Strategy Puts NeoBank Up Against New Challengers 
Revolut’s US Credit Card Strategy Puts NeoBank Up Against New Challengers 
September 01, 2021  |  Digital Banking

In its bid to make more inroads into the United States and to differentiate itself from its digital banking peers, the U.K.’s Revolut is setting...

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FIs Must De-Clutter Online Banking to Enable Fast, Fluid Transactions Clients Demand
FIs Must De-Clutter Online Banking to Enable Fast, Fluid Transactions Clients Demand
September 01, 2021  |  Digital-First Banking

Customers today are demanding more compelling user experiences from their banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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