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

AlignBooks, ICICI Bank Team For Streamlined SMB Banking

AlignBooks, ICICI Bank Team For Streamlined SMB Banking
AlignBooks, ICICI Bank Team For Streamlined SMB Banking
January 17, 2021  |  B2B Payments

Cloud-based accounting software solution provider AlignBooks will be working with ICICI Bank, a private-sector bank, to deliver a new, simple digital banking experience for small-...

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Q4 Earnings Show Big Banks Fared Better Than Expected In 2020
Q4 Earnings Show Big Banks Fared Better Than Expected In 2020
January 15, 2021  |  Earnings

In the first wave of Q4 earnings reports, J.P. Morgan Chase, Citigroup and Wells Fargo showed the pandemic’s impact on critical lending and spending, and...

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Citi Q4 Earnings Show Digital Banking Growth, Drop In Card Spending
Citi Q4 Earnings Show Digital Banking Growth, Drop In Card Spending
January 15, 2021  |  Earnings

Citigroup reported stronger than expected Q4 earnings Friday (Jan. 15) that showed a solid digital business, but fell short on expected revenue. Earnings fell by...

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Today In Payments: Poshmark More Than Doubles Valuation In Nasdaq Debut; Goldman Taps Marqeta To Power Marcus Digital Checking
Today In Payments: Poshmark More Than Doubles Valuation In Nasdaq Debut; Goldman Taps Marqeta To...
January 15, 2021  |  News

In today’s top news, Poshmark has more than doubled its valuation after its IPO on Thursday, and Goldman Sachs is teaming with Marqeta to power...

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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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