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

Lumin Digital To Power Banking, Bill Pay For University Of Illinois Credit Union

Lumin Digital To Power Banking, Bill Pay For University Of Illinois Credit Union
Lumin Digital To Power Banking, Bill Pay For University Of Illinois Credit Union
December 04, 2019  |  Digital Banking

Lumin Digital has signed a multi-year contract with the University of Illinois Community Credit Union (UICCU) that will have Lumin’s cloud-based platform serve as the...

READ MORE >
Eika Group Teams Up With EedenBull On Payment Solutions
Eika Group Teams Up With EedenBull On Payment Solutions
December 02, 2019  |  B2B Payments

Norwegian banking group Eika Group has invested in FinTech EedenBull to help its banks with new and innovative payment solutions to serve customers, according to...

READ MORE >
Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
Zopa P2P Lender To Land 12th-Hour Investment To Become Bank
December 01, 2019  |  Investments

Peer-to-peer (P2P) lender Zopa will secure a £130 million ($1.67 million USD) investment that it needs to become a challenger bank. The news comes days...

READ MORE >
Nigeria Turns To FinTechs To Boost Financial Inclusion
Nigeria Turns To FinTechs To Boost Financial Inclusion
December 01, 2019  |  Digital Banking

In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on...

READ MORE >
Teen-Focused Digital Bank Pixpay Raises $3.4M
Teen-Focused Digital Bank Pixpay Raises $3.4M
December 01, 2019  |  Payment Methods

French startup Pixpay is the first challenger bank to cater to teens, offering a debit Mastercard for cashless payments, news outlets reported on Friday (Nov....

READ MORE >
Banking-As-A-Service Has Its Own ‘Build Vs Buy’ Conundrum
Banking-As-A-Service Has Its Own ‘Build Vs Buy’ Conundrum
November 27, 2019  |  B2B Payments

Banks’ digitization journeys have been a rocky road, to say the least. The spark of FinTech innovation in recent history has set off a catalyst...

READ MORE >
What The UAE Is Teaching Global FinTechs About SMB Banking
What The UAE Is Teaching Global FinTechs About SMB Banking
November 27, 2019  |  SMBs

It’s not easy being small — especially in business, and often when it comes to banking and payments. The bigger players take up more space...

READ MORE >
How Credit Unions Can Win The FinServ Innovation Game
How Credit Unions Can Win The FinServ Innovation Game
November 27, 2019  |  Banking

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be...

READ MORE >
Bank Branch Closings Take Toll On Rural Communities 
Bank Branch Closings Take Toll On Rural Communities 
November 26, 2019  |  Banking

More than half of the 3,114 counties in the U.S. lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the...

READ MORE >