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

FIs Need Flexible Online-Offline ‘Digital Everywhere’ Strategy

FIs Need Flexible Online-Offline ‘Digital Everywhere’ Strategy
FIs Need Flexible Online-Offline ‘Digital Everywhere’ Strategy
June 17, 2021  |  Digital-First Banking

When the pandemic is finally in the rearview mirror, the shift to digital banking will stick. Get the Full Story Complete the form to unlock...

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CitiBusiness Small Business Banking Services Closing In Singapore
CitiBusiness Small Business Banking Services Closing In Singapore
June 16, 2021  |  B2B Payments

Small businesses banking with Citi’s CitiBusiness unit won’t have the option in Singapore by mid-August as the U.S. giant shutters that division, the company said,...

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Today In Digital-First Banking: Novo Lands $40.7 Million; FamPay Notches $38 Million
Today In Digital-First Banking: Novo Lands $40.7 Million; FamPay Notches $38 Million
June 16, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Novo has notched $40.7 million in venture capital, while India’s FamPay has landed $38 million in venture capital....

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Societe Generale Taps Temenos To Modernize Corporate Banking
Societe Generale Taps Temenos To Modernize Corporate Banking
June 16, 2021  |  B2B Payments

Societe Generale has tapped banking software firm Temenos to update the account management and payment infrastructures for its global transaction banking operations in Asia and...

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Morgan Stanley Estimates 8 Pct Of Bank Deposits Could Be Impacted By A Digital Euro
Morgan Stanley Estimates 8 Pct Of Bank Deposits Could Be Impacted By A Digital Euro
June 16, 2021  |  Cryptocurrency

Morgan Stanley analysts have said a digital euro might preclude a decline of 8 percent of consumer deposits from euro zone banks, Reuters writes. Get...

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Today In Payments: Web Inventor Will Auction Source Code As NFT; Shop Pay Available To Facebook, Google Merchants
Today In Payments: Web Inventor Will Auction Source Code As NFT; Shop Pay Available To...
June 16, 2021  |  News

In today’s top news, the inventor of the World Wide Web is auctioning off its source code through an NFT, and Shop Pay will be...

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Digital Bank FamPay Pulls in $38 Million For Teen-Focused Products
Digital Bank FamPay Pulls in $38 Million For Teen-Focused Products
June 16, 2021  |  Investments

India’s FamPay, a startup that is building a digital bank aimed at teenagers, has collected $38 million in venture capital. In a blog post, Bengaluru-based...

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FinTech Novo Grabs $40.7 Million To Fuel Growth
FinTech Novo Grabs $40.7 Million To Fuel Growth
June 16, 2021  |  Investments

Novo, a financial technology company, has pulled in $40.7 million in venture capital. The FinTech focuses on digital banking for small to medium-sized businesses (SMBs)....

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Mexican FinTech Credijusto Buys Bank To Serve X-Border SMBs
Mexican FinTech Credijusto Buys Bank To Serve X-Border SMBs
June 15, 2021  |  B2B Payments

Mexican financial technology firm Credijusto has purchased Banco Finterra, a bank that is geared toward financial offerings for small companies and the agriculture industry, according...

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