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

AirAsia’s BigPay Closes $100M Funding To Advance Challenger Bank Status

AirAsia’s BigPay Closes $100M Funding To Advance Challenger Bank Status
AirAsia’s BigPay Closes $100M Funding To Advance Challenger Bank Status
August 06, 2021  |  Investments

Malaysian FinTech BigPay, a division of AirAsia, wrapped up a $100 million funding round led by South Korean conglomerate SK Group, according to a press...

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S.Korean Digital Bank Kakao Soars To Biggest Lender In Epic Trading Debut
S.Korean Digital Bank Kakao Soars To Biggest Lender In Epic Trading Debut
August 06, 2021  |  Digital-First Banking

Digital lender Kakao Bank’s stock market debut in South Korea rocketed out of the starting gate with share prices up 62 percent at 11:10 a.m....

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FI Payments Modernization Requires Pushing The New While Supporting The Old
FI Payments Modernization Requires Pushing The New While Supporting The Old
August 06, 2021  |  Digital-First Banking

The modernization journey that banks and financial institutions (FIs) are on today always comes back to the same place: customer need. Get the Full Story...

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Bank Of America: Almost 48M Checks Deposited Digitally In Q2
Bank Of America: Almost 48M Checks Deposited Digitally In Q2
August 05, 2021  |  Digital Banking

The days of in-person interactions with bank tellers may be becoming a thing of the past as customers overwhelmingly opt for digital experiences. Get the...

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Indian Neobank Jupiter Raises $45M In New Funding Round
Indian Neobank Jupiter Raises $45M In New Funding Round
August 05, 2021  |  Investments

Indian neobank Jupiter has raised $45 million in a new funding round, its founder and CEO announced Thursday (Aug. 5). Get the Full Story Complete...

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Bank-Based Bill Pay Is Broken And Putting Direct Deposits At Risk
Bank-Based Bill Pay Is Broken And Putting Direct Deposits At Risk
August 05, 2021  |  Digital Banking

The bill pay technology that most banks offer their customers is broken. Consumers know it — and that’s why they’ve been fleeing it en masse...

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Digital Lending Platform Numerated Adds Automated Lending Features
Digital Lending Platform Numerated Adds Automated Lending Features
August 04, 2021  |  Loans

Numerated, a four-year-old FinTech digital lending platform, has added new features to automate processes for business lending products, the company announced on Wednesday (Aug. 4)....

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Scotiabank Launches Preset Payments For Credit Card Expenses
Scotiabank Launches Preset Payments For Credit Card Expenses
August 04, 2021  |  Credit Cards

Scotiabank is introducing a new product, Scotia SelectPay, that gives customers the power to turn their credit card balances into preset monthly installments. Get the...

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Digital Banking App Ranking A Jumble Of Challengers Versus Other Challengers
Digital Banking App Ranking A Jumble Of Challengers Versus Other Challengers
August 03, 2021  |  Mobile Applications

If we love anything here at PYMNTS besides all payments, we love digital payments, especially these days. And who better to help facilitate the rising...

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