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

Revolut Aims to Become New Zealand’s First Global Digital Bank

Revolut Aims to Become New Zealand’s First Global Digital Bank
Revolut Aims to Become New Zealand’s First Global Digital Bank
December 09, 2024  |  Banking

Revolut’s ongoing expansion efforts have the U.K. FinTech focused on New Zealand. While Revolut already provides services to customers in the island nation, it now...

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UK Digital Bank Zopa Raises $85 Million for Expansion and GenAI
UK Digital Bank Zopa Raises $85 Million for Expansion and GenAI
December 06, 2024  |  Investments

British digital bank Zopa has raised 80 million euros (about $85 million) in an equity funding round to accelerate its growth and launch new products....

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Can Community Banks Out-Innovate Big Banks? The Tech Says Yes
Can Community Banks Out-Innovate Big Banks? The Tech Says Yes
December 05, 2024  |  Banking

If banks can’t give their customers the financial services they want or the experiences they expect, those customers will go and look for them elsewhere....

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nCino Sees Vendor Fatigue as Tailwind for Multi-Solution Growth
nCino Sees Vendor Fatigue as Tailwind for Multi-Solution Growth
December 04, 2024  |  Earnings

In the evolving world of financial services, the growing imperative to modernize infrastructure has created a fertile ground for innovation. That fertile ground has also...

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Suit Against Synapse Partner Banks Spotlights Risks of Commingled Funds
Suit Against Synapse Partner Banks Spotlights Risks of Commingled Funds
December 02, 2024  |  Bank Regulation

The eventual resolution of the key question in the wake of the Synapse bankruptcy — namely, where the money went — will take time. And...

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Trustee Report Sheds New Light on Synapse Bankruptcy
Trustee Report Sheds New Light on Synapse Bankruptcy
November 26, 2024  |  Partnerships

A reevaluation of risk management and regulatory oversight is transforming the bank-FinTech partnership model. At the center of this shift is the April collapse of...

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Deutsche Bank Wins New Business Thanks to Commerzbank Uncertainty
Deutsche Bank Wins New Business Thanks to Commerzbank Uncertainty
November 26, 2024  |  Banking

Germany’s Deutsche Bank is reportedly benefitting from uncertainty surrounding a possible takeover of rival Commerzbank. Commerzbank’s customers are increasingly turning to Deutsche Bank for funding,...

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Exclusive: BNPL, Mobile Banking Embraced by Low-Income Consumers
Exclusive: BNPL, Mobile Banking Embraced by Low-Income Consumers
November 22, 2024  |  Consumer Insights

PYMNTS Intelligence’s long-standing chronicling of the paycheck-to-paycheck economy has revealed shifts in how consumers conduct their daily financial lives and pay. Given that the paycheck-to-paycheck...

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