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

Digital Shift Helps Banks Tailor Credit Offers to Consumers
Digital Shift Helps Banks Tailor Credit Offers to Consumers
March 28, 2024  |  Digital-First Banking

For decades, consumer expectations around the convenience and always-on capabilities of their financial services could not be met. The typical Monday-through-Friday banking hours and 4...

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Ally Financial Names Discover Chief Michael Rhodes as CEO
Ally Financial Names Discover Chief Michael Rhodes as CEO
March 27, 2024  |  Personnel

Ally Financial has announced that Michael G. Rhodes will become its new CEO and will be appointed to the board of directors on April 29. Get the Full...

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LendingTree Secures $175 Million in Financing to ‘Navigate Current Market Environment’
LendingTree Secures $175 Million in Financing to ‘Navigate Current Market Environment’
March 27, 2024  |  Digital Banking

LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. Get the Full Story Complete the form to unlock this article and enjoy...

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Western Union Connects Digital Wallets to eSIM Mobile Service
Western Union Connects Digital Wallets to eSIM Mobile Service
March 27, 2024  |  Digital Payments

eSIM company eSIM Go has added Western Union’s digital wallets to its mobile data service. Get the Full Story Complete the form to unlock this...

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Banks Need to Copy eCommerce’s ‘Friction-Free’ Experiences
Banks Need to Copy eCommerce’s ‘Friction-Free’ Experiences
March 27, 2024  |  Banking

Eric Foust, VP of Banking Partnerships, North America at Trustly, said that in the wake of the pandemic, consumers are looking toward banks to deliver the...

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Banks Embrace the Digital Age to Become Financial Service Aggregators and Platforms
Banks Embrace the Digital Age to Become Financial Service Aggregators and Platforms
March 27, 2024  |  Banking

Jim McCarthy, CEO of Thredd, said in a recent interview that banks have to break down their walled gardens to give customers what they truly...

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Bank of America: Digital Evolution Demands ‘High-Tech and High-Touch’ Approach
Bank of America: Digital Evolution Demands ‘High-Tech and High-Touch’ Approach
March 27, 2024  |  Digital Banking

Rich Clow, managing director and head of innovation and strategy, Global Payments Solutions, Bank of America, told PYMNTS that omnichannel demands are pointing banks toward a...

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Nu Lowers Yield on Savings Accounts in Mexico
Nu Lowers Yield on Savings Accounts in Mexico
March 26, 2024  |  Digital Banking

Digital bank Nu Holdings will lower the yield on its high-yield savings accounts in Mexico after the country’s central bank cut its key rate for...

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TD Bank Provides Customers Faster Access to Wages With ‘Early Pay’
TD Bank Provides Customers Faster Access to Wages With ‘Early Pay’
March 26, 2024  |  Disbursements

TD Bank introduced a tool that lets customers get direct deposits two days early. Get the Full Story Complete the form to unlock this article and...

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