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

80% of Consumers Have a Third-Party Financial App Connected to Their Bank Account

80% of Consumers Have a Third-Party Financial App Connected to Their Bank Account
80% of Consumers Have a Third-Party Financial App Connected to Their Bank Account
November 10, 2021  |  Banking

As more U.S. consumers turn to financial apps in efforts to simplify banking and investment, earning their trust has become an increasingly important factor for...

READ MORE >
Credit Unions Must Digitalize Products, Services and Support To Re-engage Existing Members
Credit Unions Must Digitalize Products, Services and Support To Re-engage Existing Members
November 09, 2021  |  Credit Unions

Coming out of the pandemic, consumers are looking for a lot of digital-first experiences. When it comes to financial services, many are moving to FinTechs...

READ MORE >
Egypt’s Central Bank Approves Instant Payment Regulations
Egypt’s Central Bank Approves Instant Payment Regulations
November 08, 2021  |  Real-Time Payments

Egypt residents can now make instant electronic payments between bank accounts using their mobile phones, thanks to newly approved regulations by Egypt’s central bank, according...

READ MORE >
Hong Kong FPS Averages $667.9M in Daily Transaction Volume  
Hong Kong FPS Averages $667.9M in Daily Transaction Volume  
November 03, 2021  |  Real-Time Payments

Three years after its launch, Hong Kong’s Faster Payment System (FPS) has reached nearly 750,000 daily transactions with a total volume of 5.2 billion Hong...

READ MORE >
Payment Firm Zelle’s YoY Sent Payment Values Increased by 51% for Q3
Payment Firm Zelle’s YoY Sent Payment Values Increased by 51% for Q3
November 03, 2021  |  Earnings

Early Warning Services, the parent company of FinTech payments firm Zelle, posted year-over-year (YOY) increases across Zelle Small Business and Disbursements with Zelle, according to...

READ MORE >
Latest Digital Banking App Provider Ranking Deposits Valuable New Information
Latest Digital Banking App Provider Ranking Deposits Valuable New Information
November 03, 2021  |  Banking

It’s getting more difficult to picture life before banking apps. To think we used to make an actual phone call — or (gasp) go to...

READ MORE >
WU: On Track to Launch Digital Bank Pilot by Year’s End
WU: On Track to Launch Digital Bank Pilot by Year’s End
November 02, 2021  |  Earnings

The Western Union Company (WU) touted its upcoming Germany and Romania digital banking pilot in its third quarter earnings results, according to a press release....

READ MORE >
Bitcoin Daily: STAR Bank Offers Customers Bitcoin Trading Services on Alkami’s Platform
Bitcoin Daily: STAR Bank Offers Customers Bitcoin Trading Services on Alkami’s Platform
November 02, 2021  |  Bitcoin

STAR Bank will be Alkami Technology’s first client to use the company’s tech to offer crypto to customers, the companies announced in a joint press...

READ MORE >