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

FTC Accuses Digital Banking Platform Dave of Charging Undisclosed Fees to Users
FTC Accuses Digital Banking Platform Dave of Charging Undisclosed Fees to Users
November 06, 2024  |  Regulation

The name of online banking platform Dave suggests a dependable friend. But after fielding consumer complaints, a regulator says Dave’s cash advance app is not...

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Earnings Spotlight FinTech Platforms’ Progress in Speeding Banking’s Digital Shift
Earnings Spotlight FinTech Platforms’ Progress in Speeding Banking’s Digital Shift
November 05, 2024  |  Digital Banking

Digital transformation holds promise for banks, but it could also give them pause. The traditional route, upgrading legacy systems and on-premise technology — going it...

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IBC Integrates Finata Commercial Lending Offering to Bolster Digital Banking
IBC Integrates Finata Commercial Lending Offering to Bolster Digital Banking
November 05, 2024  |  Partnerships

IBC Bank has launched a partnership with commercial lending FinTech Finanta. “By integrating Finanta’s advanced commercial lending platform, IBC Bank will accelerate its digital transformation in commercial...

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VyStar’s ‘Dysfunctional’ System Switch Reveals Risks, Lessons in FinTech Partnerships
VyStar’s ‘Dysfunctional’ System Switch Reveals Risks, Lessons in FinTech Partnerships
November 05, 2024  |  Banking

Successful collaborations between traditional financial institutions (FIs) and FinTechs rest on one shared goal: offering end-users the best of both worlds. FinTechs bring speed and...

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FIS Sees ‘Expanding Pipeline’ for Core Banking Solutions
FIS Sees ‘Expanding Pipeline’ for Core Banking Solutions
November 04, 2024  |  Earnings

Fidelity National Information Services (FIS) reported results that showed momentum across what management has termed “the money lifecycle,” where funds might be “at rest, “in...

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CFPB: VyStar Hurt Customers With ‘Botched’ Online Banking Rollout
CFPB: VyStar Hurt Customers With ‘Botched’ Online Banking Rollout
October 31, 2024  |  Regulation

Federal regulators have taken action against VyStar Credit Union following a “botched” online banking launch. As the Consumer Financial Protection Bureau (CFPB) said in its...

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Pinwheel and Candescent Launch Direct Deposit Switching Partnership
Pinwheel and Candescent Launch Direct Deposit Switching Partnership
October 30, 2024  |  Partnerships

FinTech Pinwheel teamed with account opening solutions firm Candescent, formerly Terafina. The partnership brings Pinwheel’s direct deposit switching solution to Candescent’s bank and credit union...

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Paysafe and Deutsche Bank to Enable Cash Services at Retailers
Paysafe and Deutsche Bank to Enable Cash Services at Retailers
October 29, 2024  |  Digital Banking

Paysafe and Deutsche Bank have partnered to enable the bank’s customers in Germany to deposit and withdraw cash to and from their bank accounts at...

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Self-Service Banking Gets Boost From New Digital Channels
Self-Service Banking Gets Boost From New Digital Channels
October 28, 2024  |  Banking

It wasn’t long ago that self-service banking meant punching a keypad on an ATM located at a bank vestibule — after banking hours, perhaps —...

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