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

Wells Fargo Teams With Plaid On API-Supported Data Exchange

Wells Fargo Teams With Plaid On API-Supported Data Exchange
Wells Fargo Teams With Plaid On API-Supported Data Exchange
September 19, 2019  |  Digital Banking

Financial institution Wells Fargo is partnering with data platform Plaid to offer customers the option of managing their finances in one place using an application...

READ MORE >
Tide Targets SMB Customer Support With Paid Account Option
Tide Targets SMB Customer Support With Paid Account Option
September 19, 2019  |  B2B Payments

U.K. challenger bank Tide is planning to roll out a paid tier of its banking services for small businesses, connecting users of its upgraded offering...

READ MORE >
How Banks Are Using AI, ML To Fight Account Opening Fraud
How Banks Are Using AI, ML To Fight Account Opening Fraud
September 19, 2019  |  Digital Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
How US Bank Is Using Machine Learning To Tackle Fraud
How US Bank Is Using Machine Learning To Tackle Fraud
September 18, 2019  |  Digital Banking

For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic Venturo, executive vice...

READ MORE >
Mobile Banking Users Want More Control — But At What Cost?
Mobile Banking Users Want More Control — But At What Cost?
September 17, 2019  |  Digital Banking

Impending 5G technology holds a great deal of promise for many industries, especially for financial institutions. A 5G network could markedly improve mobile banking apps’...

READ MORE >
FairMoney Raises VC To Use Mobile Data For SMB Loans
FairMoney Raises VC To Use Mobile Data For SMB Loans
September 17, 2019  |  B2B Payments

France’s FairMoney, a small business and consumer micro-lending technology company operating in Nigeria, has announced $11 million in venture capital funding. Get the Full Story...

READ MORE >
U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud
U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud
September 17, 2019  |  Digital Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Google’s AG Onslaught A Big Fizzle For Tech
Google’s AG Onslaught A Big Fizzle For Tech
September 13, 2019  |  Sizzle/Fizzle

In many cases, unity is a good thing. Banding together for a common cause, perhaps a charitable one, or rooting all together for a home...

READ MORE >
Neobank Northmill Gets Swedish Banking License
Neobank Northmill Gets Swedish Banking License
September 13, 2019  |  Digital Banking

The FinTech Northmill, which offers cloud-based financial services, was awarded a banking license from the Swedish Financial Supervisory Authority (SFSA) on Friday (Sept. 13), according...

READ MORE >