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

Temenos Brings ‘Virtual COO’ To SMB Bank Clients
Temenos Brings ‘Virtual COO’ To SMB Bank Clients
June 01, 2021  |  B2B Payments

Temenos, the banking technology company, and Canadian Western Bank (CWB) have built out Temenos Virtual COO, an Explainable AI-driven (XAI) offering. Temenos has rolled out the offering...

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SoFi IPO Underscores The Rise Of The Purpose-Built Bank
SoFi IPO Underscores The Rise Of The Purpose-Built Bank
June 01, 2021  |  Digital Banking

With Wall Street’s newest FinTech darling, SoFi, trading higher and presumably off to greener pastures following its initial public offering (IPO), investor appetite clearly remains...

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Building The Business-Bank Relationship With An Industry-Centric Approach
Building The Business-Bank Relationship With An Industry-Centric Approach
June 01, 2021  |  B2B Payments

For decades, the competitive edge of community and regional banks is that these financial institutions (FIs) operate in the same neighborhoods as their clients. For...

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Deep Dive: What New Digital Bank Customers Expect From Their Onboarding Experiences
Deep Dive: What New Digital Bank Customers Expect From Their Onboarding Experiences
June 01, 2021  |  Digital Onboarding

Generation Z consumers are well-known as tastemakers when it comes to pop culture, music and fashion, and their influence is quickly expanding to the financial...

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OakNorth On Balancing Security And Convenience In Customer Onboarding
OakNorth On Balancing Security And Convenience In Customer Onboarding
May 31, 2021  |  Authentication

Machine learning (ML) can help digital banks do much of the heavy lifting during customer onboarding — especially if applicants have common names. In the...

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Today In Digital-First Banking: MotoRefi Lands $45 Million; Stash Mulls Options For Possible Market Listing
Today In Digital-First Banking: MotoRefi Lands $45 Million; Stash Mulls Options For Possible Market Listing
May 28, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, MotoRefi has notched $45 million in a Series B funding round, while Stash is mulling over options for...

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Machine Learning Helps FIs Identify Account Holders’ Fraudster Twins
Machine Learning Helps FIs Identify Account Holders’ Fraudster Twins
May 28, 2021  |  Digital Onboarding

Digital banking has become the new normal over the past year, with 71 percent of all financial institution (FI) customers now regularly banking online. Many...

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Today In Digital-First Banking: BNY Mellon Debuts E-Bill Tool On RTP Network; Banks Express Caution Over Digital Currency
Today In Digital-First Banking: BNY Mellon Debuts E-Bill Tool On RTP Network; Banks Express Caution Over...
May 27, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, BNY Mellon debuted a digital billing tool on the RTP network, while large banks are expressing caution over digital...

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Latest Digital Banking App Provider Ranking Rewards Some, But Not All
Latest Digital Banking App Provider Ranking Rewards Some, But Not All
May 27, 2021  |  Mobile Applications

Any digital banking app fans out there? Rhetorical question. We know for a fact there are millions. Based on our tireless tracking of the apps...

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