Digital Banking

Digital Banking
Consortium Of Singapore Businesses Apply For Digital Banking License
January 06, 2020

Another group of Singaporean businesses, Beyond Consortium, has thrown its hat in the ring to apply for the country’s digital bank licenses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Digital Banking
The Race For Singapore’s Digital Banking Licenses
January 03, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Get the Full Story Complete the form to unlock this article and...

Digital Banking
Ant, Razer Join Rally For Singapore eBank Licenses
January 02, 2020

Gaming company Razer is going after a Singapore digital banking license, along with China’s largest online monetary platform Ant Financial, according to reports on Wednesday (Jan. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Digital Banking
Singtel, Grab Team Up To Launch Digital Bank In Singapore
December 30, 2019

Singtel and Grab are looking to consolidate their powers to create a new digital bank for the people of Singapore, they announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Digital Banking
Monzo’s Cash Burn Sets Stage For Big Capital Raise In 2020
December 29, 2019

As online banking continues rapidly evolving, ahead of another anticipated round of funding next year, digital challenger bank Monzo remains in discussions to secure as much as £100m in upcoming weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Digital Banking
Credit Unions Unite Behind Digital Banking
December 27, 2019

The Rochdale Society of Equitable Pioneers. The Shore Porters Society. Fenwick Weavers’ Society. These and other 19th-century proto-cooperatives were the forerunners of today’s credit union (CU) community. Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of...

Digital Banking
Central Bank Of Bahamas To Introduce Digital Currency
December 26, 2019

The Central Bank of the Bahamas is planning to start a rollout of its new digital currency on Friday (Dec. 27) in Exuma. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Digital Banking
i2c Introduces Digital Banking To Aid Colorblind Individuals
December 23, 2019

Digital banking and payments firm i2c is introducing a banking website and mobile app designed to assist those with colorblindness, the company announced Monday (Dec. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Digital Banking
Payrailz Partners With Mastercard For Real-Time Bill Payments
December 18, 2019

Digital payments company Payrailz is teaming with Mastercard to launch a pilot of the Mastercard Bill Pay Exchange, a real-time payment solution that works directly with digital banking apps, Payrailz said in a press release on Wednesday (Dec. 18). Get the Full Story Complete the...