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

Fake Business, Real Problem: The Importance of KYC

Fake Business, Real Problem: The Importance of KYC
Fake Business, Real Problem: The Importance of KYC
January 06, 2022  |  Banking

About 1.4 million identity theft incidents were logged by the Federal Trade Commission in 2020, a figure that’s more than double the thefts from the...

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Chinese Payments Giant WeChat to Accept Digital Yuan 
Chinese Payments Giant WeChat to Accept Digital Yuan 
January 06, 2022  |  CBDC

China’s largest messaging app says it will begin accepting the country’s digital yuan.  Get the Full Story Complete the form to unlock this article and...

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Unifimoney Integrates With Q2 Digital Banking Platform
Unifimoney Integrates With Q2 Digital Banking Platform
January 05, 2022  |  Banking

Digital wealth management platform Unifimoney on Wednesday (Jan. 5) made its debut in the Q2 Innovation Studio by making its trading platform pre-enabled to more...

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Indonesia Digital Bank Rights Issue Attracts Grab Subsidiary Carro, Other Supporters
Indonesia Digital Bank Rights Issue Attracts Grab Subsidiary Carro, Other Supporters
January 05, 2022  |  Cross-border Payments

Car marketplace Carro, a subsidiary of food delivery platform Grab, is among several companies slated to participate in a 4.8-trillion-rupiah (about $334 million) rights issue...

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Rev Debuts Its App-Based X World Wallet With Loyalty, Travel Perks
Rev Debuts Its App-Based X World Wallet With Loyalty, Travel Perks
January 04, 2022  |  Banking

Payment products innovations company Rêv has debuted its X World Wallet, an app-based multi-currency debit account, nationwide in the United States, according to a Tuesday...

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What’s Ahead for Chinese Banks in 2022 
What’s Ahead for Chinese Banks in 2022 
January 04, 2022  |  News

Chinese banks are facing slowing loan growth, tightening margins and rising credit risks at the start of the new year as Beijing works to free...

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UK Tests Shared BankHubs in Communities With No Branches
UK Tests Shared BankHubs in Communities With No Branches
January 03, 2022  |  Banking

A pilot program between U.K. bank Cambuslang and the U.K. state-owned Post Office could help give more access to in-person banking for those in need,...

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Two Digital Banking Apps Achieve Maximum Score, Share Top Spot in Rankings
Two Digital Banking Apps Achieve Maximum Score, Share Top Spot in Rankings
January 03, 2022  |  Mobile

PYMNTS has tallied up the totals in the competition among digital banking apps, as it does every month, and ranked them according to their scores...

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