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

Will Virtual Card Numbers Spark a Rush to Spend Apple Cash?
Will Virtual Card Numbers Spark a Rush to Spend Apple Cash?
April 10, 2024  |  Apple

For Apple — and as been seen already with Block (formerly Square) — the drive is to get consumers to spend the cash, rather than...

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Virtual Banks Forge Ahead in Defining Banking’s Digital Future
Virtual Banks Forge Ahead in Defining Banking’s Digital Future
April 10, 2024  |  Digital Banking

The banking landscape is undergoing a digital transformation, as traditional financial institutions (FIs) race to keep pace with evolving consumer preferences and technological advancements.  Santander’s...

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Trustly and Light & Wonder Team on Cashless Casino Deposits
Trustly and Light & Wonder Team on Cashless Casino Deposits
April 10, 2024  |  Partnerships

Trustly launched a payments partnership with games company Light & Wonder. The collaboration is designed to bring cashless, in-person deposits to casino floors using Light & Wonder’s...

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Santander to Launch Openbank Digital Bank in US, Mexico
Santander to Launch Openbank Digital Bank in US, Mexico
April 09, 2024  |  Digital-First Banking

Santander will launch its digital bank, Openbank, in the United States and Mexico in the second half of 2024. Currently, Openbank serves 2 million customers in four...

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Bank Earnings May Highlight Volatile Consumer Spending
Bank Earnings May Highlight Volatile Consumer Spending
April 09, 2024  |  Earnings

Friday marks the beginning of earnings season. And, as is always the case, every three months, the big banks will give a glimpse into the...

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Keytom Launches Digital Asset-Focused Neobank
Keytom Launches Digital Asset-Focused Neobank
April 09, 2024  |  Cryptocurrency

Keytom, a neobank centered around digital assets, has announced its launch. The Dubai-based company said its goal is to introduce “a new era of financial...

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Bank of America’s Virtual Assistant Reaches 2 Million Interactions Per Day
Bank of America’s Virtual Assistant Reaches 2 Million Interactions Per Day
April 08, 2024  |  Artificial Intelligence

Bank of America’s virtual financial assistant, Erica, is now engaging with clients 2 million times per day. Clients’ use of the virtual assistant has accelerated since...

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Finzly Helps Banks of All Sizes Enter Embedded Banking Market
Finzly Helps Banks of All Sizes Enter Embedded Banking Market
April 04, 2024  |  Digital Banking

Finzly has launched a new solution designed to help banks of all sizes participate in the embedded banking market. The new Account Galaxy includes virtual account and virtual...

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Apple Accused of Limiting Russian Users’ Banking Options
Apple Accused of Limiting Russian Users’ Banking Options
April 04, 2024  |  Apple

Russia says the country’s Apple users don’t have full access to payments and banking services. As Reuters reported Thursday (April 4), Russia’s antitrust regulator, the Federal Antimonopoly Service...

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