Digital Banking

Digital Banking
Today in FinTech: PiggyVest Earns Nigerians’ Trust With High Interest Rates
February 24, 2022

In today’s FinTech news, PiggyVest brings a new type of digital savings and investing to Nigerians, while the underbanked in Pakistan get a new option with NayaPay. France’s Finary is moving to build a private bank and HandCash app is making top-offs easier with two...

Digital Banking
Hong Kong’s Virtual Banks Woo Customers With Cash Prizes, Numberless Credit Cards
February 23, 2022

Several virtual banks have been gaining advantage in Hong Kong by luring consumers to leave brick-and-mortar lenders, The Wall Street Journal reported Wednesday (Feb. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Digital Banking
UK Digital Bank Zopa Introduces Hybrid Savings
February 23, 2022

Digital bank Zopa is introducing a hybrid savings account with multiple stash “pots” and the opportunity for boosted interest rates based on length of deposit time and withdrawal notice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Digital Banking
French Neobank Qonto Targets SMBs, Burgeoning Pool of Freelancers
February 21, 2022

Jump-starting a new business as an entrepreneur or solopreneur can be challenging no matter where an individual is based, but in Europe, business banking can be a nightmare as more established, traditional lenders often neglect individuals who do not have the typical 9-5 worker profile...

Digital Banking
Neobank Weekly: Atom Bank Contracts With Insurance Firm Gallagher
February 18, 2022

United Kingdom-based Atom Bank signed a deal with Gallagher, the insurance firm also based in the U.K., to provide the businesses with insurance and risk management advice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Digital Banking
Lawmaker Urges Philippines Central Bank to Push for Lower Fees
February 18, 2022

Philippines’ Sen. Grace Poe is turning to the country’s central bank to request that it help appeal to financial institutions to lower digital and eWallet fees as one way to assist the many people in the country that rely on these services but have not...

Digital Banking
BoA Confirms Digital Banking Engagement as Consumers, Clients Flock Online
February 17, 2022

Debatably slow on takeoff, digital banking is soaring with the eagles now, standing as one of the biggest success stories yet to emerge from the great digital shift the pandemic caused. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
FinTech Galileo Powers H&R Block’s Spruce Mobile Banking
February 15, 2022

Galileo announced Tuesday (Feb. 15) that its financial technology now powers Spruce, H&R Block’s mobile banking platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Digital Banking
Most Consumers Expect Digital Banking to Be Personal Banking
February 14, 2022

Thanks to the acceleration of digital interactions during the pandemic, consumers now expect more than half of their banking business — 61% — to be digital-only by 2024. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...