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

Visa Invests in Open Banking Platform Basiq

Visa Invests in Open Banking Platform Basiq
Visa Invests in Open Banking Platform Basiq
November 24, 2021  |  Investments

Australia-based open banking platform Basiq will use an investment from Visa to step up its API efforts, according to a Wednesday (Nov. 24) blog post...

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Voice Assistants Give Banks a Powerful Digital Channel to Improve Customer Experience
Voice Assistants Give Banks a Powerful Digital Channel to Improve Customer Experience
November 23, 2021  |  Banking

“Alexa, bring banks customers.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Direct Credit Card Issuing Helps Small Banks, Credit Unions Compete With Larger FI Rivals
Direct Credit Card Issuing Helps Small Banks, Credit Unions Compete With Larger FI Rivals
November 23, 2021  |  Credit Unions

Long stuck with cookie-cutter credit issuing capabilities due to their size, staffing, partners and geographical limits, small financial institutions (FIs) have been at a distinct...

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UK Finance Calls for New Open Banking Standards
UK Finance Calls for New Open Banking Standards
November 22, 2021  |  Banking

The U.K. should develop new open banking standards, according to a new report on open banking payments issued by the trade association UK Finance. Get...

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KeyBank Buys B2B Digital Banking Platform XUP 
KeyBank Buys B2B Digital Banking Platform XUP 
November 22, 2021  |  Partnerships

Cleveland-based financial service company KeyBank National Association has purchased B2B digital banking-as-a-service (BaaS) platform XUP Payments, according to a Monday (Nov. 22) press release. Financial...

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Consumers Ready To Look Past Passwords To Keep Digital Bank Accounts Secure
Consumers Ready To Look Past Passwords To Keep Digital Bank Accounts Secure
November 22, 2021  |  Authentication

  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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‘Banking is Exciting’ FinWise CEO Says as Stock Surges After IPO
‘Banking is Exciting’ FinWise CEO Says as Stock Surges After IPO
November 22, 2021  |  Banking

“Banking is an exciting place to be right now. There’s a lot happening,” Kent Landvatter, CEO/president of FinWise, told PYMNTS CEO Karen Webster in a...

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N26 US Exit Renews Debate Over What Consumers Want From Digital Banking
N26 US Exit Renews Debate Over What Consumers Want From Digital Banking
November 18, 2021  |  Banking

Announcing on Thursday (Nov. 18) that it is ceasing operations in North America starting in January 2022, Berlin-based neobank N26 has recharged the debate around...

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