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

Neobank N26 Anticipates Breaking Even in Face of Losses

Neobank N26 Anticipates Breaking Even in Face of Losses
Neobank N26 Anticipates Breaking Even in Face of Losses
October 11, 2022  |  Digital Banking

German neobank N26 said it has enough cash until it breaks even, although its finance chief is not ready to say when that will happen....

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Youth-Focused Finance Platform Step Raises $300M
Youth-Focused Finance Platform Step Raises $300M
October 11, 2022  |  Investments

Step, a financial platform aimed at teens and young adults, has raised $300 million in debt funding, bringing the company’s total raised capital to $500...

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Bank of America Expands CashPro API Services
Bank of America Expands CashPro API Services
October 11, 2022  |  Digital Banking

Bank of America (BofA) has announced an expansion of its digital banking platform CashPro’s Payment API capabilities, letting clients access hundreds of more payment types...

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Why Goldman’s Marcus May Have Missed the Mark
Why Goldman’s Marcus May Have Missed the Mark
October 10, 2022  |  Digital-First Banking

The best-laid plans, wrote the poet Robert Burns, oft go astray. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Goldman Dials Back Retail Banking Focus
Goldman Dials Back Retail Banking Focus
October 10, 2022  |  Banking

Goldman Sachs could be reorganizing for the fourth time in three years as it rolls up the welcome mat on consumer banking for all and...

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BofA Extends ‘Pay by Bank’ to Euro Payments
BofA Extends ‘Pay by Bank’ to Euro Payments
October 10, 2022  |  Digital-First Banking

Bank of America has made its Pay by Bank payment solution available for euro currency payments, the bank announced Monday (Oct. 10). Get the Full...

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FinTechs Foster Digital Transformation in Smaller, Overlooked African Markets
FinTechs Foster Digital Transformation in Smaller, Overlooked African Markets
October 06, 2022  |  Digital-First Banking

In the technological transformation of payments, it is often the smallest economies that are the last to modernize. At the same time, international payment rails...

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Digital Lenders Flood UK Mortgage Market as Battle Against Incumbents Grows
Digital Lenders Flood UK Mortgage Market as Battle Against Incumbents Grows
October 06, 2022  |  Digital-First Banking

As U.K. consumers become ever-more open to digital banking, the range of services offered by digital-first banks has been expanding to meet that demand. But...

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FinTech Partnerships Pave Path for Branchless Banking
FinTech Partnerships Pave Path for Branchless Banking
October 06, 2022  |  Digital Banking

The successful digital bank offers more than banking cloaked in an online wrapper. Get the Full Story Complete the form to unlock this article and...

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