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

Korean Digital Lender Kakao Bank Sets Sights On Raising $2.3B In IPO

Korean Digital Lender Kakao Bank Sets Sights On Raising $2.3B In IPO
Korean Digital Lender Kakao Bank Sets Sights On Raising $2.3B In IPO
June 28, 2021  |  IPO

South Korea’s Kakao Bank is forging ahead with plans for an initial public offering (IPO) of stock. Bloomberg reported on Monday (June 28) that the...

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Voyager Nabs $167M, Prepares To Launch Digital Bank in Philippines
Voyager Nabs $167M, Prepares To Launch Digital Bank in Philippines
June 28, 2021  |  Banking

Philippines’ Voyager Innovations, a payments startup, has raised $167 million in venture funding, according to a news release. The company plans to build up its...

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The Creative Destruction Of Banking: Aspiration Or Ultimatum?
The Creative Destruction Of Banking: Aspiration Or Ultimatum?
June 28, 2021  |  Banking

The economic principle of replacing existing business processes and models with innovative and more efficient ones is nothing new. In banking, it’s more recently become...

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Underbanked Consumers Primed To Move Beyond Basic DDAs
Underbanked Consumers Primed To Move Beyond Basic DDAs
June 28, 2021  |  Banking

Have phone, will bank. At least that’s the theory given the right set of financial products and services. Get the Full Story Complete the form...

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Galileo CEO: The Bank Of The Future Will Feel As Different As Paper Maps Of The Past
Galileo CEO: The Bank Of The Future Will Feel As Different As Paper Maps Of...
June 28, 2021  |  Banking

As banks move from closed to open platforms, Galileo CEO Derek White tells PYMNTS those that want to survive — and thrive — will need...

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Today In Digital-First Banking: Fifth Third Bird Rolls Out Early Pay; Raisin, Deposit Solutions To Merge
Today In Digital-First Banking: Fifth Third Bird Rolls Out Early Pay; Raisin, Deposit Solutions To...
June 25, 2021  |  Banking

In today’s top news in digital-first banking, Fifth Third Bank introduced an offering that provides early access to paychecks, while Deposit Solutions and Raisin plan...

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Fed Stress Tests: Large Banks Have Enough Capital To Lend During ‘Severe’ Recession
Fed Stress Tests: Large Banks Have Enough Capital To Lend During ‘Severe’ Recession
June 24, 2021  |  Bank Regulation

If a severe recession happens, the Federal Reserve‘s new annual stress tests shows large banks could continue lending to both households and businesses, a press...

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Today In Digital-First Banking: Big Banks Endorse SWIFT’s New Transaction Platform; USALLIANCE To Modernize Cards With FIS System
Today In Digital-First Banking: Big Banks Endorse SWIFT’s New Transaction Platform; USALLIANCE To Modernize Cards...
June 24, 2021  |  Banking

In today’s top news in digital-first banking, SWIFT’s new transaction management system received an endorsement from six global financial institutions (FIs), while USALLIANCE Financial has...

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