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

The Path To Consumers’ Digital Hearts Is Paved With Alerts

The Path To Consumers’ Digital Hearts Is Paved With Alerts
The Path To Consumers’ Digital Hearts Is Paved With Alerts
June 18, 2018  |  Security & Fraud

Data collection is vital. So are mobile and fraud alerts. However, for banks and credit unions still trying to do more to meet the demands...

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FinTech Partnerships With FI Marked By Global Scope
FinTech Partnerships With FI Marked By Global Scope
June 15, 2018  |  B2B Payments

Partnerships between traditional FIs and nimble FinTechs have become more global in scope, with an eye on speeding payments throughout the supply chain.  In the...

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Alior, solarisBank, Raisin And Mastercard Partner On European Digital Bank
Alior, solarisBank, Raisin And Mastercard Partner On European Digital Bank
June 14, 2018  |  Partnerships / Acquisitions

The Poland-based Alior Bank is teaming up with solarisBank, Raisin and Mastercard to roll out a digital bank in Europe open to all European Union...

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RBC To Spend More Than $3B On Advanced Technology
RBC To Spend More Than $3B On Advanced Technology
June 14, 2018  |  Artificial Intelligence

Royal Bank of Canada (RBC) is gearing up to spend $3.2 billion on technology with a focus on artificial intelligence, digital products and social media....

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Retail Banking’s Use Of Tech Improves Margins, Customer Services
Retail Banking’s Use Of Tech Improves Margins, Customer Services
June 12, 2018  |  Digital Banking

For banks, beyond the vagaries of interest rates, income depends in part on managing costs. Manage them well, and margins get a boost. The converse is also...

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In FinServ’s World Of Strict Rules, Data Management Flexibility Is Key
In FinServ’s World Of Strict Rules, Data Management Flexibility Is Key
June 11, 2018  |  B2B Payments

Far-reaching data protection regulations like PSD2 are both a consequence and catalyst of change in how financial service providers store, manage and use data. As...

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Despite Demonetization, Cash Still Thrives In India
Despite Demonetization, Cash Still Thrives In India
June 08, 2018  |  Cash

In November 2016, the Indian government issued a ban on the nation’s higher denomination 500- and 1000-rupee notes, essentially deeming 86 percent of its currency...

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The Changing Face Of Trust For Treasurer-Bank Relationships
The Changing Face Of Trust For Treasurer-Bank Relationships
June 05, 2018  |  B2B Payments

Trust is key for any transaction, particularly when it comes to dealings between a customer and a financial institution. A mix of factors – from...

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Citigroup To Market Digital Bank To Credit Card Customers
Citigroup To Market Digital Bank To Credit Card Customers
May 29, 2018  |  Digital Banking

Citigroup said on Tuesday (May 29) that it won’t use high deposit rates to lure new customers to its digital bank – instead, it will go...

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