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

Banks, Merchants Turn To Behavioral Biometrics To Fight Fraud

Banks, Merchants Turn To Behavioral Biometrics To Fight Fraud
Banks, Merchants Turn To Behavioral Biometrics To Fight Fraud
August 14, 2018  |  Fraud Prevention

In an effort to prevent fraud, an increasing number of banks and merchants have been monitoring visitors to their websites and apps. Get the Full...

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Canada’s Twist On The Digital Banking Model
Canada’s Twist On The Digital Banking Model
August 13, 2018  |  Banking

Oh, Canada?  A good market to be in for FIs seeking to create digital only banks, if you get the rates right, the timing right...

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Postbank Kenya Rolls Out Mobile Banking Platform
Postbank Kenya Rolls Out Mobile Banking Platform
August 10, 2018  |  Banking

In an effort to take advantage of mobile phone penetration, Postbank Kenya has launched a new banking service. The mobile offering, which is called M-Chama,...

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Cash Remains Central To India’s Economy, But Competition Is Growing
Cash Remains Central To India’s Economy, But Competition Is Growing
August 08, 2018  |  Cash

Two years in, India is seemingly undergoing “remonetization,” with cash usage growing 10.5 percent and returning to pre-demonetization levels. In fact, use of cash is...

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NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021
NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021
August 07, 2018  |  Cash

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

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Monzo Extends Its Bank Accounts To UK Residents Aged 16, 17
Monzo Extends Its Bank Accounts To UK Residents Aged 16, 17
August 06, 2018  |  Banking

Monzo, the digital bank, announced Monday (Aug. 6) that it is making its bank accounts open to anyone in the U.K. between the ages of...

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İşbank Launches API Portal, VTB Bank Rolls Out Mobile Banking
İşbank Launches API Portal, VTB Bank Rolls Out Mobile Banking
July 27, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes how Turkey’s İşbank rolled out an application programming interface (API) portal. In...

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Why State Street Wants To Use AI On “Almost Everything”
Why State Street Wants To Use AI On “Almost Everything”
July 20, 2018  |  Banking

FIs' investment in artificial intelligence (AI) and machine learning (ML) is expected to reach $57.6 billion by 2021. In the latest Digital Banking Tracker, PYMNTS...

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