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

Challenger Banks Raise Record Funds To Take On Traditional FIs
Challenger Banks Raise Record Funds To Take On Traditional FIs
August 13, 2019  |  Digital Banking

Digital challenger banks are hoarding money to take on traditional banking competitors and have raised a total of $2 billion from eager investors, The Financial...

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India’s AU Bank Enables Account Opening Through WhatsApp
India’s AU Bank Enables Account Opening Through WhatsApp
August 08, 2019  |  B2B Payments

India’s AU Small Finance Bank is rolling out an integration with WhatsApp, allowing small business customers to open an account on the messaging app. Get...

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Bottomline Launches Open Banking API
Bottomline Launches Open Banking API
August 07, 2019  |  B2B Payments

Business payments technology firm Bottomline Technologies has rolled out a suite of services for banks to elevate their customer engagement with corporate services. Get the...

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Monzo Security Flaw Affects 500K Customers
Monzo Security Flaw Affects 500K Customers
August 05, 2019  |  Banking

Monzo, one of the world’s largest digital banks, discovered a security flaw and is now asking half-million of its customers to change their personal identification...

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What Check Fraud Can Teach Banks About Preparing For The Instant Payments Future
What Check Fraud Can Teach Banks About Preparing For The Instant Payments Future
August 05, 2019  |  Security & Fraud

If there was a handbook for how to become a successful fraudster, the first sentence of the first chapter would go something like this: “Go...

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Singapore’s OCBC Bank Customers Can Use QR Codes At ATMs
Singapore’s OCBC Bank Customers Can Use QR Codes At ATMs
July 31, 2019  |  Digital Banking

In an effort to make Singapore’s three million monthly cash withdrawals more digital, OCBC Bank has rolled out QR codes that customers can use at...

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dLocal Expands Cross-Border Payments To New Markets
dLocal Expands Cross-Border Payments To New Markets
July 31, 2019  |  Payment Methods

FinTech dLocal, which specializes in cross-border payments for emerging markets, has announced its expanded its payments network to include Indonesia, Ecuador and Bolivia. Get the...

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Stackin’ Scores $4M In Funding, Adds Digital Banking Features
Stackin’ Scores $4M In Funding, Adds Digital Banking Features
July 30, 2019  |  Investments

Startup Stackin’ announced it has raised $4 million in Series A funding and is also launching no-fee checking and savings in conjunction with the virtual...

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Taiwan Grants Trio Of Virtual Banking Licenses As Asia Trends Digital
Taiwan Grants Trio Of Virtual Banking Licenses As Asia Trends Digital
July 30, 2019  |  Digital Banking

Three consortiums led by Taiwan and Japanese investors are getting the first virtual banking licenses issued by Taiwan’s Financial Service Commission (FSC), Reuters reported on...

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