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

Credit Unions Tackle Tech On Multiple Fronts

Credit Unions Tackle Tech On Multiple Fronts
Credit Unions Tackle Tech On Multiple Fronts
August 06, 2020  |  Credit Unions

Credit unions (CUs) are shaking off the last vestiges of their image problem (in a word: outdated) by embracing digital-first products and services at an...

READ MORE >
Bank Of England Ups Monzo’s Capital Requirements
Bank Of England Ups Monzo’s Capital Requirements
August 06, 2020  |  Banking

Monzo Bank Ltd,  the London-based online bank, must now have a capital worth of 13.6 percent of its risk-weighted assets to guard against potential losses....

READ MORE >
This Week In Payments: Vulcan Capital’s Rick Roberts Talks Overcoming Inertia, Stabilizing SMBs and Contextualizing Finance
This Week In Payments: Vulcan Capital’s Rick Roberts Talks Overcoming Inertia, Stabilizing SMBs and Contextualizing...
August 06, 2020  |  News

It’s been another busy week in the world of payments and commerce as the U.S. recovery shifts into rockier territory amid an uptick in infections...

READ MORE >
Western Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift
Western Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift
August 05, 2020  |  Earnings

Western Union (WU) reported Tuesday (Aug. 4) that while second-quarter revenues fell for much of its business, WesternUnion.com’s average monthly active customers shot up 45...

READ MORE >
Today In Payments: Amex Grows BNPL Options; Facebook Unveils Commerce Accelerator Plans
Today In Payments: Amex Grows BNPL Options; Facebook Unveils Commerce Accelerator Plans
August 04, 2020  |  News

In today’s top news, American Express has unveiled a new payment option, and Facebook has revealed plans for a Commerce Accelerator. Plus, six additional U.S....

READ MORE >
It’s Time For Cloud Banking
It’s Time For Cloud Banking
August 04, 2020  |  Banking

Financial institutions (FIs) and every other manner of business is right now learning a lesson in resiliency, for good or ill. As reports of how...

READ MORE >
BBVA On Google, Digital Banking And The Rise Of The ‘Everyday App’
BBVA On Google, Digital Banking And The Rise Of The ‘Everyday App’
August 04, 2020  |  Banking

When the story of the coronavirus is written, when it comes to financial services, the key chapters will focus on the pace at which innovation...

READ MORE >
What Digital Banks Are Doing Right
What Digital Banks Are Doing Right
August 04, 2020  |  Banking

The past several years have been good times for digital banking players popping up to challenge traditional brick-and-mortar financial institutions for market share, but recent...

READ MORE >