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

FinTech Revolut’s Losses Triple

FinTech Revolut’s Losses Triple
FinTech Revolut’s Losses Triple
August 11, 2020  |  Earnings

Revolut’s website promises to deliver “All your money needs in one app.” With its losses mounting, the London-based digital bank may need to tap into...

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CIH Bank Digitizing Processes With Help From Finastra
CIH Bank Digitizing Processes With Help From Finastra
August 11, 2020  |  Digital Banking

Moroccan commercial bank CIH Bank is going live with new automated banking services with the help of Finastra, a press release states. Get the Full...

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RecargaPay: From Mobile Top-Ups To Mobile Financial Services Ecosystem
RecargaPay: From Mobile Top-Ups To Mobile Financial Services Ecosystem
August 11, 2020  |  Digital Payments

A decade ago, when Brazil’s RecargaPay first debuted, a glance around the global payments ecosystem would have shown a similar pattern. The world’s largest digital...

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Agora Services Debuts New Tools For SMB Banking
Agora Services Debuts New Tools For SMB Banking
August 10, 2020  |  B2B Payments

Challenger bank Agora Services wants to address challenges with banking for small businesses with a new solution called Agora SMB, which will help them compete...

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Digital Banking Apps Cashing In
Digital Banking Apps Cashing In
August 07, 2020  |  Mobile Applications

Whatever nomenclature you prefer — neobank, challenger bank, digital bank — the common denominator is app-based convenience and the power of algorithms to help manage...

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Deutsche Bank On Accelerating Payments In The Digital Age
Deutsche Bank On Accelerating Payments In The Digital Age
August 07, 2020  |  Payments Innovation

Immediacy has become the name of the game for vendors and suppliers facing crumbling revenue streams. But banks can find themselves struggling to facilitate faster...

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Goldman Sachs Appoints New Global Digital Asset Leader
Goldman Sachs Appoints New Global Digital Asset Leader
August 06, 2020  |  Personnel

Goldman Sachs has named Matthew McDermott its new global head of digital assets, in a move signaling the bank’s renewed commitment to that area of...

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Fed Says FedNow On Track For 2023-24 Rollout
Fed Says FedNow On Track For 2023-24 Rollout
August 06, 2020  |  Payments Innovation

The Federal Reserve Board on Thursday (Aug. 6) announced details of a 24/7 year-round interbank settlement service to accelerate the time it takes to process...

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Credit Unions Tackle Tech On Multiple Fronts
Credit Unions Tackle Tech On Multiple Fronts
August 06, 2020  |  credit union tracker

Credit unions (CUs) are shaking off the last vestiges of their image problem (in a word: outdated) by embracing digital-first products and services at an...

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