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

Neobank Starling Gets £50 Million Goldman Backing 

Neobank Starling Gets £50 Million Goldman Backing 
Neobank Starling Gets £50 Million Goldman Backing 
April 19, 2021  |  Banking

Goldman Sachs backed British FinTech Starling Bank with £50 million in an oversubscribed Series D funding round that valued the startup in excess of £1.1...

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Global Consumer Saving Stockpile Reaches $5.4 Trillion
Global Consumer Saving Stockpile Reaches $5.4 Trillion
April 18, 2021  |  Consumer Finance

Global consumers have been doing well at saving during this past year of the pandemic, with a total of $5.4 trillion now stockpiled, Financial Times...

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Why Banks Must Embrace End-to-End BaaS As The Invisible Engine of Innovation
Why Banks Must Embrace End-to-End BaaS As The Invisible Engine of Innovation
April 17, 2021  |  Banking

Consumers take a somewhat binary view of the features and functions that come packaged as innovative: They either believe they solve a problem and embrace...

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Digital Banks And AI Firms Target IPOs  
Digital Banks And AI Firms Target IPOs  
April 16, 2021  |  IPO

One might be forgiven for thinking that the public listing activity this week was all about Coinbase. The cryptocurrency exchange went public through a direct...

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Banking Security Needs Upgrade for API Era
Banking Security Needs Upgrade for API Era
April 16, 2021  |  Cybersecurity

Established financial services firms have not typically led the charge when it comes to the adoption of new technology. But as they go digital, and...

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Stash Banks On Biometrics, Machine Learning To Support Digital-First ID Verification
Stash Banks On Biometrics, Machine Learning To Support Digital-First ID Verification
April 16, 2021  |  Digital Identity

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Truist First-Quarter Financials Show $1.3 Billion Net Income
Truist First-Quarter Financials Show $1.3 Billion Net Income
April 15, 2021  |  Earnings

Truist Financial Corporation has reported its earnings for the first quarter, with the net income available to common shareholders being $1.3 billion, according to a...

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Bank of America’s Profits Double; 40.3 Million Customers Use Digital Banking
Bank of America’s Profits Double; 40.3 Million Customers Use Digital Banking
April 15, 2021  |  Earnings

With the pandemic economic crisis fading, Bank of America said on Thursday (April 15) that it had released $2.7 billion of the cash it had...

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