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

Wells Fargo’s Provision For Credit Losses Drops $823 Million
Wells Fargo’s Provision For Credit Losses Drops $823 Million
January 15, 2021  |  Earnings

Wells Fargo reported on Friday (Jan. 15) as part of its Q4 2020 earnings that its provision for credit losses fell $823 million. The bank...

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JPMorgan’s Mobile Customers Surge 10 Pct; Management Cautious On Economic Environment
JPMorgan’s Mobile Customers Surge 10 Pct; Management Cautious On Economic Environment
January 15, 2021  |  Earnings

J.P. Morgan Chase posted fourth-quarter earnings results on Friday (Jan. 15) that showed the impact from the pandemic and economic headwinds were not as bad...

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Today In Digital-First Banking: Goldman Sachs Taps Marqeta To Fuel Marcus Checking; X1 Card Notches $12 Million In Funding
Today In Digital-First Banking: Goldman Sachs Taps Marqeta To Fuel Marcus Checking; X1 Card Notches...
January 14, 2021  |  Digital Banking

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup...

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HSBC Unveils Cash Flow Management Tool As Pandemic Scrambles Balance Sheets 
HSBC Unveils Cash Flow Management Tool As Pandemic Scrambles Balance Sheets 
January 14, 2021  |  B2B Payments

As small businesses and other companies struggle with cash flow management amid the coronavirus pandemic, HSBC wants to help. Get the Full Story Complete the...

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Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation
Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation
January 14, 2021  |  International

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Get the Full Story...

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Marqeta Teams With Goldman Sachs To Power Marcus Checking
Marqeta Teams With Goldman Sachs To Power Marcus Checking
January 14, 2021  |  Digital Banking

FinTech startup Marqeta has been tapped by Goldman Sachs to power digital checking accounts for Marcus. Get the Full Story Complete the form to unlock...

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NEW DATA: Relevance Test: Majority Of Consumers Find Bank Web Content Lacking
NEW DATA: Relevance Test: Majority Of Consumers Find Bank Web Content Lacking
January 14, 2021  |  Digital Banking

Since the onset of the pandemic, banking activities like opening new accounts and applying for loans are now being done virtually to socially distance and...

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Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv
Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv
January 13, 2021  |  Digital Banking

In today’s top digital-first banking news, Singapore tech startup Sea has reportedly bought Indonesia’s PT Bank Kesejahteraan Ekonomi (Bank BKE), while credit union service organization...

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Paytm, Nubank Could Soon Swing To Profit Amid Surging Demand For Digital Banking
Paytm, Nubank Could Soon Swing To Profit Amid Surging Demand For Digital Banking
January 13, 2021  |  Digital Payments

India’s Paytm and Brazil’s Nubank could soon turn the corner to profitability thanks to surging demand for digital payment services in India and Brazil amid...

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