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

Russia’s TCS Acquires Swiss Crypto Startup Aximetria

Russia’s TCS Acquires Swiss Crypto Startup Aximetria
Russia’s TCS Acquires Swiss Crypto Startup Aximetria
January 12, 2022  |  Partnerships

TCS Group Holding, the parent company of Russian bank Tinkoff, now owns a majority share in Swiss-based cryptocurrency startup Aximetria, according to a CoinDesk report...

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French Neobank Qonto Accelerates European Growth With $550M Round
French Neobank Qonto Accelerates European Growth With $550M Round
January 11, 2022  |  Investments

Qonto, the Paris-based neobank for small- to medium-sized businesses (SMBs) and freelancers, has raised 486 million euros ($552 million) in Series D funding, the Paris-based...

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Brazilian Bank Topaz Buys Majority Stake in Cobiscorp
Brazilian Bank Topaz Buys Majority Stake in Cobiscorp
January 11, 2022  |  Partnerships

The Brazilian FinTech Stefanini Group has acquired a majority stake in Cobiscorp, an American core banking software maker, as part of a larger plan to...

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EMEA Daily: Ankorstore Becomes Latest French Unicorn, Delivery Hero Sells $150M Share in Rappi
EMEA Daily: Ankorstore Becomes Latest French Unicorn, Delivery Hero Sells $150M Share in Rappi
January 10, 2022  |  Cross-border Payments

In today’s top Europe, Middle East and Africa news, French wholesale marketplace Ankorstore gets unicorn status and Germany’s Delivery Hero sells its $150 million share...

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Standard Chartered Emphasizing Digital With Nigerian Branch Closures
Standard Chartered Emphasizing Digital With Nigerian Branch Closures
January 10, 2022  |  Banking

Standard Chartered Plc will close about half of its Nigeria branches as the company emphasizes digital banking, people familiar with the matter told Bloomberg for its...

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Digital Banking has Arrived in Turkey With New Regulations
Digital Banking has Arrived in Turkey With New Regulations
January 10, 2022  |  Banking

New rules that govern digital banks in Turkey went into effect on Jan. 1, Mondaq.com reported. Get the Full Story Complete the form to unlock...

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UK Neobanks Show Potential for 2022 with Major Fundraising and Expansion Plans
UK Neobanks Show Potential for 2022 with Major Fundraising and Expansion Plans
January 07, 2022  |  Banking

Despite the legal and pandemic-related business challenges that have plagued neobanks in the United Kingdom in recent months, the challenger bank space in Europe is...

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New Year, New Purpose Sees Credit Unions Pick Up Pace of Innovation
New Year, New Purpose Sees Credit Unions Pick Up Pace of Innovation
January 07, 2022  |  Credit Unions

It’s tough to boil down a massive, 12-month-long digital pivot that transformed the credit union (CU) landscape into one word. Get the Full Story Complete...

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