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

French FinTech Lemon Way Gets $28M For API Expansion
French FinTech Lemon Way Gets $28M For API Expansion
October 17, 2019  |  Investments

The French payment processor Lemon Way has announced a near-$28 million (€25 million) investment round by the multi-asset fund management firm Toscafund, Aithority reported on...

READ MORE >
Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
October 16, 2019  |  Earnings

Zelle P2P payments increased 76 percent year-over-year (YoY) in the third quarter of 2019, Bank of America said on Wednesday (Oct. 16), signaling the latest burst of...

READ MORE >
AML Compliance Controls Can Be Costly
AML Compliance Controls Can Be Costly
October 16, 2019  |  Digital Banking

Recent scandals involving Deutsche Bank and Swedbank have made consumers reconsider their trust in financial institutions, many of which are scrambling to keep fraudsters out...

READ MORE >
Citi On Simplifying Cross-Border Payments
Citi On Simplifying Cross-Border Payments
October 16, 2019  |  Digital Payments

The buyer is in Canada. The seller is in Singapore. The transaction wends its way across borders, in the middle of the night, settling instantly. Get...

READ MORE >
Revolut Taps JPMC To Raise $1.5B For Global Expansion
Revolut Taps JPMC To Raise $1.5B For Global Expansion
October 14, 2019  |  Investments

U.K. FinTech company Revolut wants to raise as much as $1.5 billion so that it can expand globally. Get the Full Story Complete the form...

READ MORE >
Nubank FinTech Grows Client Base By 25 Pct Since August
Nubank FinTech Grows Client Base By 25 Pct Since August
October 13, 2019  |  Digital Banking

The largest FinTech startup in Latin America — Brazil’s Nubank — is reporting a 25 percent increase in the number of clients since August, Reuters...

READ MORE >
How Technology And Market Trends Spawn Innovation
How Technology And Market Trends Spawn Innovation
October 11, 2019  |  Today In Data

Direct-to-consumer (DTC) brands are putting a new spin on athleisure wear, inspired by the CBD-based wellness trend. In restaurant technology, cloud kitchens have emerged as a new model driven...

READ MORE >
How Synchrony Financial Is Upgrading Its AML Strategy
How Synchrony Financial Is Upgrading Its AML Strategy
October 11, 2019  |  Digital Banking

Lax anti-money laundering (AML) systems have cost FIs more than $8 billion in fines this year alone — and maintaining compliance without compromising the user...

READ MORE >
LendingClub Offers Same-Day Loan Settlements
LendingClub Offers Same-Day Loan Settlements
October 10, 2019  |  Loans

LendingClub, an online marketplace that connects borrowers and investors, has launched a new marketplace called LCX with the intention of drawing a larger swath of...

READ MORE >