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

Truist First-Quarter Financials Show $1.3 Billion Net Income

Truist First-Quarter Financials Show $1.3 Billion Net Income
Truist First-Quarter Financials Show $1.3 Billion Net Income
April 15, 2021  |  Earnings

Truist Financial Corporation has reported its earnings for the first quarter, with the net income available to common shareholders being $1.3 billion, according to a...

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Bank of America’s Profits Double; 40.3 Million Customers Use Digital Banking
Bank of America’s Profits Double; 40.3 Million Customers Use Digital Banking
April 15, 2021  |  Earnings

With the pandemic economic crisis fading, Bank of America said on Thursday (April 15) that it had released $2.7 billion of the cash it had...

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German Neo Bank N26 Gets Ready To Take On Big Insurance
German Neo Bank N26 Gets Ready To Take On Big Insurance
April 15, 2021  |  Banking

German digital bank N26 is getting into the insurance business and has its sights set on tackling some of the industry’s biggest players, CNBC reported...

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CUs Cement Loyalty By Helping Members With Financial Wellness
CUs Cement Loyalty By Helping Members With Financial Wellness
April 14, 2021  |  Credit Unions

Loyalty is the lifeblood of financial services, paying dividends for credit card networks, FinTechs, big banks and credit unions (CUs). Initiating, and maintaining, a sticky...

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Today In Digital-First Banking: CitiConnect Processes 1 Billion Calls Since Rollout; NY Fed: Consumers Bolster Spending Expectations
Today In Digital-First Banking: CitiConnect Processes 1 Billion Calls Since Rollout; NY Fed: Consumers Bolster...
April 13, 2021  |  Banking

In today’s top news in digital-first banking, Citi announced that its application programming interface (API) connectivity platform has processed more than 1 billion API calls...

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Corporate One’s Funding Management Service Now Live For CUs On RTP Network
Corporate One’s Funding Management Service Now Live For CUs On RTP Network
April 13, 2021  |  Credit Unions

Corporate One Federal Credit Union, a wholesale provider of financial services for credit unions (CUs), said that its funding agent service is now available for...

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Digital Bank Brings Special Treatment To Debt-Strapped Doctors
Digital Bank Brings Special Treatment To Debt-Strapped Doctors
April 13, 2021  |  Banking

Physician, heal thyself — financially. Student debt in times of financial stress can be a crushing burden. That’s especially true for individuals who have chosen...

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AppZone Announces $10 Million Series A Toward Finance Digitization
AppZone Announces $10 Million Series A Toward Finance Digitization
April 12, 2021  |  Fintech Investments

Pan-African software provider AppZone has announced the closure of a $10 million Series A round, a press release said on Monday (April 12). Get the...

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