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

Why Merchant Services Are Key To Small FI Deposit Growth

Why Merchant Services Are Key To Small FI Deposit Growth
Why Merchant Services Are Key To Small FI Deposit Growth
October 22, 2019  |  Digital Banking

This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks –...

READ MORE >
Fiserv: Two-Thirds Of Loans Originated Online In Last Two Years
Fiserv: Two-Thirds Of Loans Originated Online In Last Two Years
October 21, 2019  |  Loans

Fiserv’s consumer trends survey, Expectations & Experiences, shows that the majority of loans over the past two years were done online, the company said on...

READ MORE >
Santander Rolls Out US Digital Deposits To Rival Goldman
Santander Rolls Out US Digital Deposits To Rival Goldman
October 21, 2019  |  Digital Banking

Spanish lender Santander is planning to launch an online deposit platform in the U.S., the Financial Times (FT) reported on Sunday (Oct. 20). Get the...

READ MORE >
SunTrust Beats Revenue Forecast Ahead Of BB&T Merger
SunTrust Beats Revenue Forecast Ahead Of BB&T Merger
October 17, 2019  |  Earnings

SunTrust Banks Inc. reported results on Thursday (Oct. 17) that surpassed revenue expectations but fell in line with analysts’ earnings estimates for the third quarter. Get...

READ MORE >
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 >