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

Malaysia Gov’t To Pay Citizens To Use Digital Payments

Malaysia Gov’t To Pay Citizens To Use Digital Payments
Malaysia Gov’t To Pay Citizens To Use Digital Payments
January 15, 2020  |  Digital Payments

Malaysia is launching a program on Wednesday (Jan. 15), according to reports, to give out 450 million ringgit (more than $110 million USD) to half...

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JPMorgan Points To Healthy Consumer Spending, Card Transactions Jump 10 Pct.
JPMorgan Points To Healthy Consumer Spending, Card Transactions Jump 10 Pct.
January 14, 2020  |  Earnings

The consumer is doing just fine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Earnings Season To Shine Light On Banks’ Take On The US Consumer
Earnings Season To Shine Light On Banks’ Take On The US Consumer
January 13, 2020  |  Earnings

Like clockwork, earnings season is here. Every three months, Wall Street takes stock (no pun intended) of how companies’ bottom lines are faring and whether top...

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Hong Kong’s First Neobank Lures Consumers With High Deposit Rates
Hong Kong’s First Neobank Lures Consumers With High Deposit Rates
January 13, 2020  |  Digital Banking

The first in a new line-up of 10 digital-only banks in Hong Kong has sweetened its consumer appeal with a 6 percent introductory rate for...

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Goldman Launches Mobile App For Marcus — Three Years Later
Goldman Launches Mobile App For Marcus — Three Years Later
January 13, 2020  |  Digital Banking

Goldman Sachs Group introduced its long-awaited app last week, according to Reuters. It will integrate with the financial giant’s digital bank Marcus. Get the Full...

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Wells’ Growth Reportedly Hampered By Old Systems, Tech Failures
Wells’ Growth Reportedly Hampered By Old Systems, Tech Failures
January 12, 2020  |  Bank Regulation

Wells Fargo is striving to revamp its approach to technology to ensure systems stay online, satisfy regulators and block cybercriminals, the Wall Street Journal (WSJ)...

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Goldman’s Reporting Revamp Spotlights Its Consumer Focus
Goldman’s Reporting Revamp Spotlights Its Consumer Focus
January 07, 2020  |  Banking

If you can’t beat ’em, join ’em — at least when it comes to reporting structure. Get the Full Story Complete the form to unlock...

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ADVANCE.AI Consortium Seeks Singaporean Digital Banking License
ADVANCE.AI Consortium Seeks Singaporean Digital Banking License
January 07, 2020  |  Digital Banking

Yet another business consortium vies for a lucrative, wholesale digital banking license, according to reports. Singapore’s FinTech firm ADVANCE.AI, Hong Kong’s financial services company Sheng...

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Top News In Payments: JPMorgan Blocks FinTechs From Passwords; Ant, Razer Join Rally For Singapore eBank Licenses
Top News In Payments: JPMorgan Blocks FinTechs From Passwords; Ant, Razer Join Rally For Singapore...
January 02, 2020  |  News

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one...

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