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

Financial Super App Revolut Adds Pay Later Product in Ireland 

Financial Super App Revolut Adds Pay Later Product in Ireland 
Financial Super App Revolut Adds Pay Later Product in Ireland 
September 20, 2022  |  BNPL

Global financial super app Revolut has launched its Pay Later product in Ireland, a country in which it has 1.9 million accountholders. Get the Full...

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As MENA FIs Adopt Open Banking, EU’s Mistakes Loom Large
As MENA FIs Adopt Open Banking, EU’s Mistakes Loom Large
September 20, 2022  |  Digital Banking

Unlike the United Kingdom and Europe, the use of application programming interfaces (APIs) by third parties to access consumers’ financial data with their consent —...

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EMEA Daily: Last-Mile Delivery Firms Instabox, Budbee to Combine Into Instabee
EMEA Daily: Last-Mile Delivery Firms Instabox, Budbee to Combine Into Instabee
September 19, 2022  |  International

Today in Europe, the Middle East and Africa (EMEA) news, two Swedish delivery firms plan to merge, while Indian AgriTech startup Ninjacart launches a platform...

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Data Brief: Fewer Than 1 in 10 US Consumers Use FinTechs as Primary Bank
Data Brief: Fewer Than 1 in 10 US Consumers Use FinTechs as Primary Bank
September 19, 2022  |  Digital Banking

The corner bank branch — the brick-and-mortar kind — may be giving way to a digital one embedded in our phones. Get the Full Story...

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US FinTech WayaPay Launches Digital Bank, Transfer App Aimed at African Immigrants
US FinTech WayaPay Launches Digital Bank, Transfer App Aimed at African Immigrants
September 18, 2022  |  Digital-First Banking

WayaPay, which describes itself as a Kenyan FinTech based in the United States, says it has launched its full-service digital bank and money-transfer app tailored...

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Fear, Skepticism Drive Weird Relationship With New Tech
Fear, Skepticism Drive Weird Relationship With New Tech
September 16, 2022  |  Payments Innovation

While panning PYMNTS’ weekly stream of research and surveys, an unexpected thread of mistrust, misperception and misuse emerged, involving both consumers and businesses, that wove...

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NCR Splitting Into 2 Distinct Companies
NCR Splitting Into 2 Distinct Companies
September 16, 2022  |  Business

Bank, retail and restaurant enterprise technology provider NCR is splitting into two distinct publicly traded companies, with one focused exclusively on ATMs and the other...

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Financial Services Firm Truist Deploys AI-Enhanced Virtual Assistant
Financial Services Firm Truist Deploys AI-Enhanced Virtual Assistant
September 15, 2022  |  Digital Banking

Aiming to combine innovative technology with human touch, financial services company Truist Financial has added an artificial intelligence (AI)-enhanced virtual assistant to its mobile banking...

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Majority Raises $37.5M to Further Serve Banking Needs of US Migrants
Majority Raises $37.5M to Further Serve Banking Needs of US Migrants
September 14, 2022  |  Banking

Mobile bank for migrants Majority raised $37.5 million in a Series B funding round for expanding its suite of essential services as it continues its...

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