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

UAE’s Neobank Debuts Country’s First Digital Banking Platform
UAE’s Neobank Debuts Country’s First Digital Banking Platform
March 07, 2021  |  Digital Banking

YAP, the first independent digital banking platform in the United Arab Emirates, has launched as of Sunday (March 7), Reuters writes. Get the Full Story...

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Bank Jago To Offer Some Banking Services Early
Bank Jago To Offer Some Banking Services Early
March 05, 2021  |  Digital-First Banking

Bank Jago plans to start offering some banking services in mobile apps ahead of its rollout of full-fledged products, Bloomberg reports. Get the Full Story...

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Today In Digital-First Banking: Plaid Rolls Out Income Verification Tool; Revolut Grows To Additional European Nations
Today In Digital-First Banking: Plaid Rolls Out Income Verification Tool; Revolut Grows To Additional European...
March 04, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Plaid is introducing Plaid Income in an effort to streamline the income verification process, while Revolut Bank has...

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Revolut Expands Its Digital-Only Banking To 10 More European Countries
Revolut Expands Its Digital-Only Banking To 10 More European Countries
March 04, 2021  |  Digital-First Banking

Banking industry upstart Revolut Bank said Thursday (March 4) that it has rolled its services out to 10 more European countries. The London-based company said...

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Today In Digital-First Banking: PNC Signs Onto TCH’s CHIPS Network; UK’s FCA Increases Caps On Contactless Payments
Today In Digital-First Banking: PNC Signs Onto TCH’s CHIPS Network; UK’s FCA Increases Caps On...
March 03, 2021  |  Digital Banking

In today’s top news in digital-first banking, PNC Bank has joined The Clearing House’s CHIPS network, while the U.K.’s Financial Conduct Authority (FCA) is increasing the limits...

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Five Star Mobile Banking Apps Give Banks A False Sense of Security
Five Star Mobile Banking Apps Give Banks A False Sense of Security
March 03, 2021  |  Digital-First Banking

The digital shift has spurred a mass epiphany about physical bank branches. Get the Full Story Complete the form to unlock this article and enjoy...

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Data: Credit Unions Look To Close The Touchless Payments Gap
Data: Credit Unions Look To Close The Touchless Payments Gap
March 03, 2021  |  Credit Unions

It has been almost a year since United States credit unions (CUs) first closed their brick-and-mortar branches to help slow the pandemic’s spread, and there...

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MercadoLibre’s Net Revenues Rise To $1.3 Billion As Open Banking Picks Up
MercadoLibre’s Net Revenues Rise To $1.3 Billion As Open Banking Picks Up
March 02, 2021  |  eCommerce

MercadoLibre said that net revenues rose to $1.3 billion — in U.S. dollars, up nearly double from the same quarter a year ago. However, the...

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China’s FinTechs Will Be Subject To New Capital Requirements
China’s FinTechs Will Be Subject To New Capital Requirements
March 02, 2021  |  Bank Regulation

Chinese regulators continue to tighten rules for financial technology companies. On Tuesday (March 3), a top official said that FinTechs will be required to meet...

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