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

Experian API Enables Faster OCBC Business Account Opening
Experian API Enables Faster OCBC Business Account Opening
November 04, 2019  |  B2B Payments

Singapore bank OCBC is accelerating the bank account opening process for startups through a collaboration with Experian. Get the Full Story Complete the form to...

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South Korea Starts Pilot-Launch Of Open Banking System
South Korea Starts Pilot-Launch Of Open Banking System
November 01, 2019  |  Banking

South Korea has started a pilot-testing program for open banking, according to a release. The company started testing on Wednesday (Oct. 30). Get the Full...

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Commonwealth Trade Bank Overhauls Infrastructure
Commonwealth Trade Bank Overhauls Infrastructure
October 31, 2019  |  B2B Payments

The U.K.’s Commonwealth Trade Bank is planning to overhaul its trade finance infrastructure and has announced a new partner to support the initiative. Get the...

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Are Mobile Card Apps Small FI’s Killer App?
Are Mobile Card Apps Small FI’s Killer App?
October 30, 2019  |  Mobile Applications

The need is pretty clear in the world of payments: Apps can potentially be game-changers, but only if they are seamless and bring more convenience...

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Jack Henry’s Payments Hub Connects 15 FIs To RTP Network
Jack Henry’s Payments Hub Connects 15 FIs To RTP Network
October 29, 2019  |  Banking

The Clearing House (TCH) reported that 15 Jack Henry & Associates financial institutions (FIs) will use JHA PayCenter to connect to the RTP network, TCH...

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Russia’s Sberbank To Acquire Part Of Mail.ru Internet Firm
Russia’s Sberbank To Acquire Part Of Mail.ru Internet Firm
October 29, 2019  |  Digital Banking

Russia’s Sberbank, which is trying to become more digitally inclined as a financial institution, said it is buying Gazprombank’s holding stake in Mail.ru, a Russian...

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Discover Launches P2P Payments
Discover Launches P2P Payments
October 28, 2019  |  Digital Payments

Discover Bank has announced that customers of its savings and money market accounts can now use the Zelle network for person-to-person (P2P) money transfers, according...

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Canada’s CIBC Enables Mobile Account Opening For Businesses
Canada’s CIBC Enables Mobile Account Opening For Businesses
October 25, 2019  |  B2B Payments

Canadian financial institution (FI) CIBC announced it now supports the opening of digital accounts for its business clients. Get the Full Story Complete the form...

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Neo-Bank Current Lands $20M In Funding, Surpasses Half-Million Accounts
Neo-Bank Current Lands $20M In Funding, Surpasses Half-Million Accounts
October 25, 2019  |  Investments

Current announced that it has closed a $20 million Series B round, bringing its fundraising total to $45 million. Get the Full Story Complete the...

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