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

UK FinTech Thought Machine Raises $200M at $1B Valuation

UK FinTech Thought Machine Raises $200M at $1B Valuation
UK FinTech Thought Machine Raises $200M at $1B Valuation
November 29, 2021  |  Investments

U.K. FinTech startup Thought Machine raised $200 million in a Series C funding round at a valuation estimated in excess of $1 billion to bring...

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Indonesians Can Open Bank Account with GoJek App
Indonesians Can Open Bank Account with GoJek App
November 29, 2021  |  Banking

Digital wallet GoPay is teaming with Bank Jago, the technology bank from Indonesia, to work on more streamlined digital banking to help the vast number...

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Visa Invests in Open Banking Platform Basiq
Visa Invests in Open Banking Platform Basiq
November 24, 2021  |  Investments

Australia-based open banking platform Basiq will use an investment from Visa to step up its API efforts, according to a Wednesday (Nov. 24) blog post...

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Voice Assistants Give Banks a Powerful Digital Channel to Improve Customer Experience
Voice Assistants Give Banks a Powerful Digital Channel to Improve Customer Experience
November 23, 2021  |  Banking

“Alexa, bring banks customers.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Direct Credit Card Issuing Helps Small Banks, Credit Unions Compete With Larger FI Rivals
Direct Credit Card Issuing Helps Small Banks, Credit Unions Compete With Larger FI Rivals
November 23, 2021  |  Credit Unions

Long stuck with cookie-cutter credit issuing capabilities due to their size, staffing, partners and geographical limits, small financial institutions (FIs) have been at a distinct...

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UK Finance Calls for New Open Banking Standards
UK Finance Calls for New Open Banking Standards
November 22, 2021  |  Banking

The U.K. should develop new open banking standards, according to a new report on open banking payments issued by the trade association UK Finance. Get...

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KeyBank Buys B2B Digital Banking Platform XUP 
KeyBank Buys B2B Digital Banking Platform XUP 
November 22, 2021  |  Partnerships

Cleveland-based financial service company KeyBank National Association has purchased B2B digital banking-as-a-service (BaaS) platform XUP Payments, according to a Monday (Nov. 22) press release. Financial...

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Consumers Ready To Look Past Passwords To Keep Digital Bank Accounts Secure
Consumers Ready To Look Past Passwords To Keep Digital Bank Accounts Secure
November 22, 2021  |  Authentication

  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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