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

Why Now Is The Time For CUs’ Digital Transformation

Why Now Is The Time For CUs’ Digital Transformation
Why Now Is The Time For CUs’ Digital Transformation
May 22, 2020  |  Credit Unions

For credit unions (CUs), the shift to digital banking is here — and depending on how you look at it, the pivot, by necessity, took...

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FinTechs Aid Banks In Their Own Open Banking Initiatives
FinTechs Aid Banks In Their Own Open Banking Initiatives
May 21, 2020  |  B2B Payments

Open banking initiatives and bank-FinTech collaborations continue to expand in an effort to improve financial services offerings for small and medium-sized businesses (SMBs). This week’s...

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Ecobank Group Teams With Google To Help African SMBs
Ecobank Group Teams With Google To Help African SMBs
May 20, 2020  |  B2B Payments

The Pan-African Ecobank Group aims to help African small and medium-sized businesses (SMBs) to adapt to the new, always-shifting digital landscape, according to CNBC, and...

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NEW DATA: How Credit Unions Fare Against Challenger Banks
NEW DATA: How Credit Unions Fare Against Challenger Banks
May 20, 2020  |  Credit Unions

Brick-and-mortar presence used to give credit unions (CUs) a competitive edge over digital-only challenger banks. PYMNTS research shows that 41.5 percent of CU members believe...

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Plaid API Platform Gives Banks Access To Data Tools, 2,600 Apps
Plaid API Platform Gives Banks Access To Data Tools, 2,600 Apps
May 19, 2020  |  API

More individuals and businesses than anticipated are turning to FinTechs for their financial needs, as the demand is possibly accelerated by the coronavirus pandemic. As...

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Fighting CNP Fraud With ‘Data Collaboration’
Fighting CNP Fraud With ‘Data Collaboration’
May 18, 2020  |  Credit Unions

There’s nothing new under the sun, goes the saying — but when it comes to payments fraud, there are new ways to do it. Get...

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Green Dot’s Dan Henry And Daniel Eckert On Building A Bank for The Mass Market
Green Dot’s Dan Henry And Daniel Eckert On Building A Bank for The Mass Market
May 18, 2020  |  Banking

Many firms have been navigating a lot of change of late given the small matter of the international health crisis, but even by recent standards,...

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Building A Better Banking App Means Offering Control
Building A Better Banking App Means Offering Control
May 15, 2020  |  Digital Banking

The old idea about community and regional banks generally being behind the tech adoption curve is just that: old. Financial institutions (FIs) that lack a...

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Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
May 15, 2020  |  Investments

London FinTech unicorn Monzo is closing in on a new funding round as it faces a near 40 percent drop in valuation due to coronavirus...

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