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

Virgin Money, Lloyds To Cut 1,200 Jobs

Virgin Money, Lloyds To Cut 1,200 Jobs
Virgin Money, Lloyds To Cut 1,200 Jobs
February 27, 2020  |  Personnel

Virgin Money is laying off a quarter of its branch network, shedding 500 jobs. Meanwhile, Lloyds Banking Group has announced plans to cut 780 more...

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How One Nevada Credit Union Secures Its Self-Service Innovations
How One Nevada Credit Union Secures Its Self-Service Innovations
February 27, 2020  |  Credit Unions

Credit union members are increasingly placing emphasis on self-services like mobile and online banking for their seamlessness and convenience. And while many CUs are undergoing...

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RBS Fund Takes Back £50M From Metro Bank
RBS Fund Takes Back £50M From Metro Bank
February 26, 2020  |  B2B Payments

After Metro Bank recently pulled back from plans to expand and decided to move away from lending for mortgages, the bank said it will return £50...

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PSCU’s Lumin Teams With Vermont Credit Union To Provide Digital Banking
PSCU’s Lumin Teams With Vermont Credit Union To Provide Digital Banking
February 26, 2020  |  Credit Unions

PSCU’s Lumin Digital has signed the Vermont State Employees Credit Union (VSECU) to a multi-year digital banking and cloud computing agreement, Lumin announced on Wednesday...

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How One Nevada Credit Union Secures Its Self-Service Innovations
How One Nevada Credit Union Secures Its Self-Service Innovations
February 26, 2020  |  Credit Unions

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Challenger Bank Battle In Full Swing In UK
Challenger Bank Battle In Full Swing In UK
February 25, 2020  |  Banking

In banking, in the jockeying and jousting for consumers’ attention (and deposits, of course), will it be a case of anarchy in the U.K.? Get...

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Digital Banking Apps Vs The Establishment
Digital Banking Apps Vs The Establishment
February 25, 2020  |  Banking

Dubbed “challenger banks” for shaking up the status quo of banking as we’ve always known it, digital banks with awesome apps are the FinTech alternative...

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Mobile Cards Key To Winning Bank Accounts
Mobile Cards Key To Winning Bank Accounts
February 25, 2020  |  Banking

Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV,...

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