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

Chime’s Free Overdraft Feature Extended $30 Billion to Users
Chime’s Free Overdraft Feature Extended $30 Billion to Users
October 01, 2024  |  Banking

FinTech firm Chime says it has covered billions in overdrafts for its users. Through SpotMe, the banking app’s free overdraft feature, Chime’s members have received a...

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NCR Voyix Finalizes $2.4 Billion Digital Banking Sale to Veritas Capital; Rebrands as Candescent
NCR Voyix Finalizes $2.4 Billion Digital Banking Sale to Veritas Capital; Rebrands as Candescent
September 30, 2024  |  Banking

NCR Voyix has completed the sale of its digital banking unit, the company said in a Monday (Sept. 30) news release. The unit was sold...

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LatAm Draws FinTechs Seeking to Transform Digital Banking
LatAm Draws FinTechs Seeking to Transform Digital Banking
September 25, 2024  |  Banking

Digitally savvy, younger consumers with mobile devices in hand. Underbanked and even unbanked populations ripe for financial inclusion. A regulatory environment conducive to digital innovation....

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Mercado Pago Applies for Banking License in Mexico
Mercado Pago Applies for Banking License in Mexico
September 25, 2024  |  Banking

Mercado Pago, the FinTech arm of MercadoLibre, reportedly applied for a banking license in Mexico earlier this month. The firm sent the application to the Mexican...

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September to Remember for Tokenized Deposits?
September to Remember for Tokenized Deposits?
September 24, 2024  |  Digital Payments

The last days of the third quarter are upon us, the waning days of the month, too. And it’s shaping up to be a September...

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69% of Consumers Prioritize Fraud Protection When Picking a Bank
69% of Consumers Prioritize Fraud Protection When Picking a Bank
September 24, 2024  |  Cybersecurity

Banks and financial institutions (FIs) face challenges in balancing the convenience of digital banking with the need for robust security measures. Economic impacts from fraud...

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Priority Debuts Enhancements to Its Banking and Treasury Passport
Priority Debuts Enhancements to Its Banking and Treasury Passport
September 23, 2024  |  Banking

Priority has introduced enhancements to the Passport product within its banking and treasury solutions platform. Among the changes announced by the unified commerce company Monday (Sept. 23) is...

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Nasdaq Extends Partnership With Nubank to Grow Latam Banking Presence
Nasdaq Extends Partnership With Nubank to Grow Latam Banking Presence
September 23, 2024  |  Partnerships

Nasdaq wants to expand its digital bank FinTech presence in Latin America. The tech company agreed to provide its AxiomSL regulatory reporting tool to Nubank,...

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Report: JPMorgan Chase Trials UK Credit Card on Mobile App
Report: JPMorgan Chase Trials UK Credit Card on Mobile App
September 20, 2024  |  Banking

JPMorgan Chase is reportedly testing a credit card product in the United Kingdom. The bank has been working on the product for over a year...

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