Digital Banking

Digital Banking
Today In Digital-First Banking: Step Lands $50 Million Investment; EWS, TCH Enable Zelle Payments Via...
February 25, 2021

In today’s top news in digital-first banking, Step has notched $50 million in a Series B funding round, while Early Warning Services and The Clearing House (TCH) announced that Zelle transactions can now be cleared as well as settled through the RTP network. Plus, Affirm...

Digital Banking
Today In Digital First Banking: Central Banks Of UAE, China Join CBDC Effort; State Bank...
February 24, 2021

In today’s top news in digital-first banking, the central banks of China and the United Arab Emirates (UAE) are joining a digital currency initiative for cross-border payments, while the State Bank of India (SBI) is reportedly signing onto a blockchain network. Plus, Citibank has announced it...

Digital Banking
Citibank Brings Hong Kong Digital Banking Platform Out Of Beta
February 23, 2021

Citibank has announced that it is rolling out Citi Plus, its Hong Kong project which it recently brought out of beta, according to a press release. The company touts the project as a new way to get people into digital banking. Get the Full Story...

Digital Banking
Old Guard vs. Vanguard: Banks, FinTechs, Big Tech Duke It Out Over Digital-First
February 17, 2021

Digital-first is the mantra of the moment in commerce. Payments are being reconfigured and rewired, creating commerce ecosystems that move with consumers across channels. In a sense, the industry is witnessing a head-to-head matchup amid the scramble to digital-first on a crowded field. Get the...

Digital Banking
Partner Or Compete? Banks Can Take Hybrid Approach With FinTech Innovation
February 17, 2021

In a mid-January conference call with analysts, J.P. Morgan Chase CEO Jamie Dimon told analysts that his firm, and other banks, should be scared “s—tless” by FinTechs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Digital Banking
Today In Digital-First Banking: BNY Mellon Creates Digital Assets Division; Northmill Bank Pulls In Venture...
February 11, 2021

In today’s top digital-first banking news, BNY Mellon is introducing a new division focused on advancing the growth of bitcoin, crypto and other digital assets, while Sweden’s Northmill Bank has carried out a capital round. Plus, Corporate Spending Innovations (CSI) has collaborated with Bank of the West...

Digital Banking
Credit Unions Embrace ‘Curbside Delivery’ Mindset For Digital Financial Services
February 11, 2021

The digital-first economy doesn’t have a monopoly on digital-first phrasing. For example, ask the cable or network programming engineer about “multichannel,” and he or she will have a very different answer than a retailer. Ask someone in the public transportation business about hyperlinks, and the...

Digital Banking
Today In Digital-First Banking: Klarna Provides German Bank Account; PSCU To Offer BNPL Installment Payment...
February 10, 2021

In today’s top digital-first banking news, Klarna is now offering consumer banking accounts in Germany, while PSCU will offer a new installment payments offering in the near future. Plus, Nymbus has raised $53 million in a Series C funding round. Get the Full Story Complete...

Digital Banking
Today In Digital-First Banking: China To Pilot Digital Yuan In Third Test Run; Goldman Consumer...
February 09, 2021

In today’s top digital-first banking news, the central bank of China is planning another test run of its digital currency, while Goldman Sachs has hired two executives to leadership positions. Plus, WEX has come to a multi-year deal for its fleet card offering with NASPO...