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

Nigeria’s Challenger Bank Kuda Raises $10M For Its Mobile-First Services

Nigeria’s Challenger Bank Kuda Raises $10M For Its Mobile-First Services
Nigeria’s Challenger Bank Kuda Raises $10M For Its Mobile-First Services
November 10, 2020  |  Investments

Nigeria-based Kuda, which operates its own mobile-first challenger bank, now has $10 million after a funding round in what TechCrunch reported is the biggest seed...

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MercadoLibre Granted License From Brazil’s Central Bank
MercadoLibre Granted License From Brazil’s Central Bank
November 10, 2020  |  Cross-border Payments

After gaining a new license to operate as a financial institution in Latin America’s largest economy of Brazil, MercadoLibre will work on expanding its portfolio of...

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Today In Digital-First Banking: Banks Set Stricter Loan Rules In Q3; FSB Warns Outsourcing Bank Tech Could Present ‘Systemic Risk’
Today In Digital-First Banking: Banks Set Stricter Loan Rules In Q3; FSB Warns Outsourcing Bank...
November 10, 2020  |  Banking

In today’s top news in digital-first banking, banks have tightened their loan standards per a survey from the Federal Reserve, while a watchdog organization warned...

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PSCU Unveils Enhanced Fraud Services To Help Protect Credit Unions
PSCU Unveils Enhanced Fraud Services To Help Protect Credit Unions
November 10, 2020  |  Cybersecurity

PSCU, which is billed as the nation’s premier payments credit union service organization (CUSO), has announced its new Enhanced Fraud Services system, which the company...

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New Report: Banking-As-A-Service Takes Friction Out Of Remittances
New Report: Banking-As-A-Service Takes Friction Out Of Remittances
November 10, 2020  |  Smarter Payments

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Just Cashflow Partners With Railsbank On SMB Accounts
Just Cashflow Partners With Railsbank On SMB Accounts
November 09, 2020  |  B2B Payments

U.K.-based specialist lender Just Cashflow, working with FinTech Railsbank, is rolling out its own business banking account program for small- to medium-sized businesses (SMBs), according...

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Phlatbed CEO: How Mobile Tools Keep On-Demand Wages Moving
Phlatbed CEO: How Mobile Tools Keep On-Demand Wages Moving
November 09, 2020  |  Disbursements

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An Open Road For Open Banking?
An Open Road For Open Banking?
November 09, 2020  |  Banking

In banking, collaboration — between the traditional players like banks and the tech savvy FinTechs bringing a slew of new apps to market — is...

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