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

Square Preps Savings, Checking Account Offers For Consumers, SMBs
Square Preps Savings, Checking Account Offers For Consumers, SMBs
May 24, 2021  |  Banking

Square is said to be getting ready to provide savings accounts and checking accounts to small- to medium-sized business (SMB) customers, Bloomberg reported Monday (May...

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Zeta Closes $250 Million SoftBank Funding At $1.5 Billion Valuation
Zeta Closes $250 Million SoftBank Funding At $1.5 Billion Valuation
May 24, 2021  |  Investments

Banking technology platform Zeta has raised $250 million in a Series C funding round backed by SoftBank Vision Fund 2, giving the startup a valuation...

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Why The Bring It To Me Economy Now Includes Financial Services
Why The Bring It To Me Economy Now Includes Financial Services
May 24, 2021  |  Digital-First Banking

The typical guiding principle behind banking has been “by the bank, for the bank” — where financial institutions (FIs) have focused on selling products rather...

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Positive Developments In Retail And Digital Banking
Positive Developments In Retail And Digital Banking
May 21, 2021  |  Today In Data

Kohl’s reported that its store sales soared during its most recent quarter, while the retailer’s digital sales climbed year over year. In other retail earnings, Petco reported that its net...

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SAFE Credit Union On How Member Involvement Impacts Product Innovations And Investments
SAFE Credit Union On How Member Involvement Impacts Product Innovations And Investments
May 21, 2021  |  Credit Unions

Digital-first and customer-first credit unions are laser-focused on integrating member feedback into their innovation agendas. In the latest Credit Union Tracker, SAFE Credit Union’s Gina...

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Customers Bank To Use Tassat’s B2B Payments Network
Customers Bank To Use Tassat’s B2B Payments Network
May 20, 2021  |  B2B Payments

Customers Bank will harness the TassatPay Network from Tassat, which includes in-the-moment corporate payments and connection of digital and traditional payment rails, according to a Thursday...

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Prelim Upgrades Biz Banking Onboarding Platform For FIs
Prelim Upgrades Biz Banking Onboarding Platform For FIs
May 20, 2021  |  B2B Payments

Prelim, which helps financial institutions (FIs) automate the customer experience from onboarding to servicing, upgraded digital account opening (DAO) functionalities for corporate banking accounts, according...

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Revolut Business Introduces FX Forwards In The UK
Revolut Business Introduces FX Forwards In The UK
May 20, 2021  |  Digital Banking

Revolut Business, the business account from the FinTech super app Revolut, has rolled out currency forward contracts (FX forwards) in Great Britain, according to a...

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UK And US Tell Tale Of Two Open Banking Journeys
UK And US Tell Tale Of Two Open Banking Journeys
May 20, 2021  |  Digital-First Banking

The differences in open banking — here and across the pond — stand in stark relief. In the U.K., it’s mandated. In the U.S., it...

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