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

Monzo CEO Hopes New Accounts Can Blunt Pandemic’s Impact

Monzo CEO Hopes New Accounts Can Blunt Pandemic’s Impact
Monzo CEO Hopes New Accounts Can Blunt Pandemic’s Impact
July 30, 2020  |  Digital Banking

New Monzo CEO TS Anil said the U.K. company, badly damaged by the pandemic, is hinging on new products to survive, the Financial Times (FT)...

READ MORE >
Bank Of England To Revamp Payments, Eyes Digital Currency
Bank Of England To Revamp Payments, Eyes Digital Currency
July 30, 2020  |  Digital-First Banking

The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. Get the Full...

READ MORE >
Digital Shifts In eCommerce And Online Banking
Digital Shifts In eCommerce And Online Banking
July 30, 2020  |  Today In Data

eBay’s CEO outlined his vision for growth in its Q2 earnings call, as the company benefited from the pandemic-driven digital shift. Shopify also reported earnings that reflected the expanding...

READ MORE >
Betterment Debuts Cash Goals Feature To Help Users Save
Betterment Debuts Cash Goals Feature To Help Users Save
July 30, 2020  |  Banking

To assist its banking users in putting aside funds for set aims, Betterment is rolling out a new Betterment Cash Goals feature. Users can see...

READ MORE >
Are ATMs The ‘Mini-Branch’ Of The Future?
Are ATMs The ‘Mini-Branch’ Of The Future?
July 30, 2020  |  Digital-First Banking

The ATM isn’t living up to its full potential, a fact that’s really starting to come into focus for financial institutions (FIs) under COVID-19. The days...

READ MORE >
Deep Dive: Embracing A Multicloud Strategy For Staying Atop Changing Financial Needs
Deep Dive: Embracing A Multicloud Strategy For Staying Atop Changing Financial Needs
July 29, 2020  |  Cloud Banking

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

READ MORE >
Credit Union Innovation Gets A Big Rethink
Credit Union Innovation Gets A Big Rethink
July 28, 2020  |  Credit Unions

The cellphone is an invention; the smartphone is an innovation. That gap between creating something and putting it to ingenious use is where innovation does...

READ MORE >
How Up Is Tapping Cloud Solutions For Flexible, Technology Oriented Banking
How Up Is Tapping Cloud Solutions For Flexible, Technology Oriented Banking
July 28, 2020  |  Cloud Banking

Financial institutions are embracing cloud technologies to roll out innovative tools and services, but selectively upgrading infrastructure isn’t enough, says Michael Morris, chief technology officer...

READ MORE >
CEO Davies Exits Revolut After One Year
CEO Davies Exits Revolut After One Year
July 27, 2020  |  Personnel

Banking veteran Richard Davies is leaving his role as CEO of banking at digital-banking shop Revolut, one year after coming aboard to bring his seasoned...

READ MORE >