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

China’s Tencent Takes Stake in UK Challenger Bank Monzo

China’s Tencent Takes Stake in UK Challenger Bank Monzo
China’s Tencent Takes Stake in UK Challenger Bank Monzo
January 02, 2022  |  Banking

Tencent, the Chinese-based tech group, has a new stake in Monzo, which shows a big recovery in Monzo’s fortunes as it’s now valued at $4.5...

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7 in 10 Microbusinesses Cite Link Between Instant Payouts and Loyalty
7 in 10 Microbusinesses Cite Link Between Instant Payouts and Loyalty
December 31, 2021  |  B2B Payments

As businesses have turned to online channels during the pandemic, swift digital disbursements have become increasingly important. Companies, particularly small- to medium-sized businesses (SMBs), are...

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Digital Bank Mercobank Wants to Enter the Metaverse 
Digital Bank Mercobank Wants to Enter the Metaverse 
December 29, 2021  |  Blockchain

The digital bank Mercobank says it plans to enter the NFT market, while also beginning to explore the metaverse.  Get the Full Story Complete the...

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Thermic Science Adds Hybrid Banking Platform VIPOnline
Thermic Science Adds Hybrid Banking Platform VIPOnline
December 29, 2021  |  Partnerships

Hemp-based health and wellness firm Thermic Science International Corporation, formerly known as Omnicanna Health Solutions, Inc., on Wednesday (Dec. 29) announced it has acquired an...

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Reserve Bank of India’s Acceptance of Digital Rupee Highlights Privacy Concerns
Reserve Bank of India’s Acceptance of Digital Rupee Highlights Privacy Concerns
December 29, 2021  |  CBDC

If you look deeper at the news of India’s central bank accepting a “basic” digital rupee as “a safe, robust, and convenient alternative to physical...

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EDB Banking App Backs 500+ UAE Firms Since September
EDB Banking App Backs 500+ UAE Firms Since September
December 29, 2021  |  Cross-border Payments

The Emirates Development Bank said Wednesday (Dec. 29) that since the bank launched its Business Banking App in September, more than 500 United Arab Emirates-based...

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Bahamas Central Bank Looks to Phase Out Checks 
Bahamas Central Bank Looks to Phase Out Checks 
December 28, 2021  |  Cross-border Payments

The days of paying for things by check in the Bahamas could be coming to an end.  Get the Full Story Complete the form to...

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How APIs Improve Consumer Experience 
How APIs Improve Consumer Experience 
December 28, 2021  |  API

In the competitive world of the payments sector, a number of leading companies are leveraging APIs (application payment interfaces) to improve consumer experiences.  Get the...

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