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

Citi Says Mobile Customers Have Grown 24% in 2 Years

Citi Says Mobile Customers Have Grown 24% in 2 Years
Citi Says Mobile Customers Have Grown 24% in 2 Years
October 14, 2021  |  Earnings

Citigroup said the bank’s digital strategy is causing more customers to interact with it over digital and mobile devices than ever before, a transformation it plans to continue. Get the Full Story Complete...

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Bank of America Says Zelle Users Have Grown 24% YoY
Bank of America Says Zelle Users Have Grown 24% YoY
October 14, 2021  |  Earnings

Bank of America’s third-quarter earnings results showed a continued increase in customers using digital and mobile channels for their banking needs, while $1.1 billion in...

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Hungary’s Perfinal Launches CBDC-ready Platform That Creates Digital Banks
Hungary’s Perfinal Launches CBDC-ready Platform That Creates Digital Banks
October 14, 2021  |  Banking

Perfinal, the Hungarian core banking provider, says its new platform will be ready for central bank digital currencies (CBDCs), a press release says. Get the...

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SWIFT Go Signs 100 Banks Since July’s Launch
SWIFT Go Signs 100 Banks Since July’s Launch
October 14, 2021  |  Cross-border Payments

Since launching the offering in July, SWIFT has signed 100 banks to use its SWIFT Go money transfer product. Ten financial institutions have already gone...

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N26 Close to Getting $800M In Funding Round
N26 Close to Getting $800M In Funding Round
October 13, 2021  |  Investments

Germany-based N26 is about to close an $800 funding round after months of speculation, Business Insider reported. The capital infusion will more than double the...

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BluCurrent Credit Joins PSCU for Card Processing, Digital Banking
BluCurrent Credit Joins PSCU for Card Processing, Digital Banking
October 13, 2021  |  Credit Unions

BluCurrent Credit is partnering with the credit union service organization (CUSO) PSCU for debit and credit card processing, support services, and digital and mobile banking...

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UAE Digital-First Bank Mashreq NEO Debuts Facial Recognition
UAE Digital-First Bank Mashreq NEO Debuts Facial Recognition
October 12, 2021  |  Biometrics

Digital bank Mashreq NEO, based in the United Arab Emirates, is letting residents open bank accounts with facial recognition technology, the Khaleej Times reported. Get...

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Bottomline Unveils Bank Payments Tracking Service via Swift API
Bottomline Unveils Bank Payments Tracking Service via Swift API
October 12, 2021  |  Banking

Bottomline, which provides financial technology to simplify business payments, has announced a new application programming interface (API)-based payments tracking service, according to a press release....

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