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

Cloud-Native Banking Presents Opportunities for Core Banking Innovation
Cloud-Native Banking Presents Opportunities for Core Banking Innovation
May 24, 2024  |  Cloud Banking

The modernization of back-end systems represents an ongoing challenge for banks, especially as they seek to introduce new digital-first services. The options used to be stark:...

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FIS Adds Biometrics, Money Movement Capabilities to Mobile Banking App
FIS Adds Biometrics, Money Movement Capabilities to Mobile Banking App
May 22, 2024  |  Digital Banking

FIS has launched a new version of its mobile banking application for financial institutions. With the new FIS Digital One Flex Mobile 6.0, financial institutions can enable their...

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Atomic Launches Subscription Management Tech for Banking Apps
Atomic Launches Subscription Management Tech for Banking Apps
May 21, 2024  |  Subscription Commerce

Atomic has launched a subscription management technology that can be added to banking apps. With the addition of PayLink Manage, financial institutions can enable their account holders to view...

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MercadoLibre Joins Discussions to Apply for Mexican Banking License
MercadoLibre Joins Discussions to Apply for Mexican Banking License
May 21, 2024  |  Banking

MercadoLibre is reportedly in talks to get a banking license in Mexico. The Latin American eCommerce/FinTech is in discussions with Mexico’s central bank, finance ministry and banking regulators...

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Q1 Earnings Show Lending Platforms’ Digital Path to Financial Wellness
Q1 Earnings Show Lending Platforms’ Digital Path to Financial Wellness
May 20, 2024  |  Personal Finance

Over the last several months, PYMNTS Intelligence data has revealed in separate reports that tens of millions of consumers would opt for a single point...

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Self-Serve and Digital-First Channels Can Populate ‘Banking Deserts’
Self-Serve and Digital-First Channels Can Populate ‘Banking Deserts’
May 17, 2024  |  Financial Inclusion

Banks have been fine-tuning their branch efforts as the pandemic recedes, shuttering locations in some markets and building new outposts in others. The Federal Reserve...

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Grab’s Path to Profitability Paved by Operating Leverage and AI
Grab’s Path to Profitability Paved by Operating Leverage and AI
May 16, 2024  |  Earnings

In a dynamic operating environment, the path to profitability requires focus and discipline. It also frequently requires cutting costs and finding new efficiencies by using technology. Singaporean...

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Basel Committee Warns Against Banking Digitalization Risks
Basel Committee Warns Against Banking Digitalization Risks
May 16, 2024  |  Banking

A global financial watchdog is warning against the risks of digitalization in the financial world. The Bank for International Settlements’ Basel Committee on Banking Supervision issued a report Thursday (May...

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Lydia Launches European Banking Super App Called Sumeria
Lydia Launches European Banking Super App Called Sumeria
May 15, 2024  |  Digital-First Banking

French payments app Lydia has launched a European banking super app called Sumeria. The company will invest more than €100 million and hire 400 people in...

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