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

Wealth Tech Firm Envestnet Buys FinTech Startup Harvest Savings
Wealth Tech Firm Envestnet Buys FinTech Startup Harvest Savings
April 08, 2021  |  Acquiring

Wealth management technology firm Envestnet has acquired FinTech startup Harvest Savings & Wealth Technologies for an undisclosed amount.  Get the Full Story Complete the form...

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Credit Unions Leverage APIs In Quest for Innovation
Credit Unions Leverage APIs In Quest for Innovation
April 08, 2021  |  Credit Unions

In the age of digital-first banking, the application programming interface (API) is where it all happens. APIs can help financial institutions (FIs) introduce new products...

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FinTech Avant Snaps Up Zero Financial And Digital Banking App Level
FinTech Avant Snaps Up Zero Financial And Digital Banking App Level
April 07, 2021  |  Partnerships / Acquisitions

FinTech Avant, which works to give underserved consumers access to credit, has acquired Zero Financial along with its neobank, Level, according to a press release....

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JPMorgan’s Dimon’s Letter: Big Tech, FinTech Present Competitive Threat To Banks
JPMorgan’s Dimon’s Letter: Big Tech, FinTech Present Competitive Threat To Banks
April 07, 2021  |  Banking

J.P. Morgan Chase’s CEO Jamie Dimon said in his annual shareholder’s letter that banks are facing a slew of competitive challenges from tech-nimble, non-traditional financial...

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Today In Digital-First Banking: Plaid Lands $425 Million In Series D; PSCU Grows Reach In Hawaii
Today In Digital-First Banking: Plaid Lands $425 Million In Series D; PSCU Grows Reach In...
April 07, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Plaid has raised $425 million via a Series D funding round, while PSCU has expanded its reach in...

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Bank-FinTech Tie-Ups Eye Open Banking Adoption
Bank-FinTech Tie-Ups Eye Open Banking Adoption
April 06, 2021  |  B2B Payments

Bank-FinTech tie-ups continue to emerge, with an eye on driving open banking adoption. As the U.K.’s Tide considers a new way to encourage banks to...

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What FIs Don’t Get About The Underbanked Consumer
What FIs Don’t Get About The Underbanked Consumer
April 06, 2021  |  Digital-First Banking

By the official numbers, there are 33 million unbanked and underbanked consumers in the United States. Get the Full Story Complete the form to unlock...

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Service Credit Union On Overcoming Digital Speed Bumps To Win Younger Consumers
Service Credit Union On Overcoming Digital Speed Bumps To Win Younger Consumers
April 05, 2021  |  Credit Unions

Credit unions are eager to attract younger members, but they must stand out among a host of digitally savvy competitors to do so. In the...

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Bank Dispute Leaves Nigeria’s Biggest Telco In Dark
Bank Dispute Leaves Nigeria’s Biggest Telco In Dark
April 05, 2021  |  Mobile

Most Nigerian lenders have cut off telco MTN Nigeria from their banking platforms following MTN reducing its commission it pays lenders for subscribers payment platforms...

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