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)

95 Million Consumers Say They Want One Digital Place to Bank and Shop
95 Million Consumers Say They Want One Digital Place to Bank and Shop
August 31, 2023  |  financial apps

With so many apps vying for attention, consumers are experiencing app fatigue. This fatigue is giving rise to the growing appeal of a single platform...

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Goldman’s GreenSky Sale Has Implications for FinTech ‘Exit Strategies’
Goldman’s GreenSky Sale Has Implications for FinTech ‘Exit Strategies’
August 30, 2023  |  Fintech Investments

Goldman Sachs’ sale of its FinTech lender, GreenSky, is reportedly close to being a done deal. As reported this week, the company is, per Bloomberg, drawing interest...

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SVB Appoints Former BofA and Amex Execs as Payments and Digital Solutions Heads
SVB Appoints Former BofA and Amex Execs as Payments and Digital Solutions Heads
August 22, 2023  |  Personnel

Silicon Valley Bank has named new heads of its payments and digital solutions divisions. The bank announced Tuesday (Aug. 22) that Martin Murrell had been named head of global...

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Nearly 60% of Consumers View Mobile Phones and Laptops as Equally Secure for Payments
Nearly 60% of Consumers View Mobile Phones and Laptops as Equally Secure for Payments
August 22, 2023  |  Digital Banking

Despite the growing perception that smartphones provide more security online, most banking consumers said they think smartphones and computers are equally secure for several select...

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Colendi Gets Approval to Launch Digital Bank in Turkey
Colendi Gets Approval to Launch Digital Bank in Turkey
August 21, 2023  |  Digital Banking

Turkish FinTech Colendi says it’s set to launch the country’s first digital deposit bank. That announcement came Monday (Aug. 21), after Colendi received approval from the Turkish Banking Regulation...

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Plaid Teams With Pinwheel for Direct Deposit Services
Plaid Teams With Pinwheel for Direct Deposit Services
August 17, 2023  |  Personal Finance

Plaid says it has added income and employment data platform Pinwheel to its partner network. The partnership, announced Thursday (Aug. 17), will see Pinwheel provide...

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How a Generation of Connected Multitaskers Is Shaping the Digital Economy
How a Generation of Connected Multitaskers Is Shaping the Digital Economy
August 16, 2023  |  Connected Economy

Many of you may be reading this article on your smartphone or tablet while sitting in the back of an Uber on the way to...

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Starling Bank to Expand into Asia-Pacific
Starling Bank to Expand into Asia-Pacific
August 11, 2023  |  Digital Banking

Starling Bank plans to make its first expansion outside of Europe, moving into the Asia-Pacific (APAC) region. The British neobank has been in talks with an...

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PYMNTS Intelligence: Why Credit Unions Are Merging to Sharpen Their Competitive Edge
PYMNTS Intelligence: Why Credit Unions Are Merging to Sharpen Their Competitive Edge
August 07, 2023  |  Digital Banking

The financial industry has become more competitive than ever as shifting economic conditions and the pandemic’s lingering effects make digital banking the primary means by...

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