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

NCR Voyix Says Open Banking Will Gain Wide Embrace in the US
NCR Voyix Says Open Banking Will Gain Wide Embrace in the US
April 03, 2024  |  Banking

Shadi Saifan, vice president of engineering at NCR Voyix, told PYMNTS in an interview that bridging the gap between the promise of open banking and making...

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FDIC Consent Orders Highlight FinTech Risk in Financial Supply Chains
FDIC Consent Orders Highlight FinTech Risk in Financial Supply Chains
April 01, 2024  |  Digital Banking

It’s been well-documented that banks and FinTechs have been collaborating together on financial services innovation, where they once were mainly competitors. But for the banks...

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Block Gains Flexibility With Latest Amendment to Revolving Credit Agreement
Block Gains Flexibility With Latest Amendment to Revolving Credit Agreement
April 01, 2024  |  Consumer Finance

Block has entered into the eighth amendment to its revolving credit agreement with its lenders and the administrative agent, Goldman Sachs Bank USA. This amends a revolving...

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Bank Branches Evolve Into Financial Education ‘Magnets’
Bank Branches Evolve Into Financial Education ‘Magnets’
March 29, 2024  |  Financial Inclusion

Last year, banks shuttered 2,300 branches. The move should come as no surprise, given the fact that banks, like any other business, have been examining...

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i2c President Says Banks Have Reset Their Go-to-Market Strategies
i2c President Says Banks Have Reset Their Go-to-Market Strategies
March 29, 2024  |  Banking

Jacqueline White, president of i2c, told PYMNTS in an interview that financial services have undergone a seismic shift in recent years. When the pandemic hit, banks...

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For Banks to Compete With FinTechs, They Need to Act Like One
For Banks to Compete With FinTechs, They Need to Act Like One
March 28, 2024  |  Banking

The financial services landscape is an inherently customer-centric one. Within it, the winds of change around customer behavior and expectations about their banking relationships and...

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Digital Shift Helps Banks Tailor Credit Offers to Consumers
Digital Shift Helps Banks Tailor Credit Offers to Consumers
March 28, 2024  |  Digital-First Banking

For decades, consumer expectations around the convenience and always-on capabilities of their financial services could not be met. The typical Monday-through-Friday banking hours and 4...

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Ally Financial Names Discover Chief Michael Rhodes as CEO
Ally Financial Names Discover Chief Michael Rhodes as CEO
March 27, 2024  |  Personnel

Ally Financial has announced that Michael G. Rhodes will become its new CEO and will be appointed to the board of directors on April 29. Rhodes has just...

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LendingTree Secures $175 Million in Financing to ‘Navigate Current Market Environment’
LendingTree Secures $175 Million in Financing to ‘Navigate Current Market Environment’
March 27, 2024  |  Digital Banking

LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. The company, which operates online financial services marketplace LendingTree.com, will draw $125 million of...

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