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

Tyme Raises $110 Million To Grow Digital Bank For Underserved In South Africa, Asia

Tyme Raises $110 Million To Grow Digital Bank For Underserved In South Africa, Asia
Tyme Raises $110 Million To Grow Digital Bank For Underserved In South Africa, Asia
February 23, 2021  |  Investments

After raising $110 million in a Series B capital raise, Tyme plans to expand its digital bank for the underserved into Asia and Southeast Asia,...

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Credit Unions Find Debit, Digital Issuance Trends Are Here To Stay
Credit Unions Find Debit, Digital Issuance Trends Are Here To Stay
February 23, 2021  |  Credit Unions

In recent months, we’ve seen debit emerge as a clear payment choice among consumers, where data shows double-digit percentage increases. During the 2020 holiday season,...

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Mizuho, LINE Increase Investments In Bid To Launch ‘Smartphone Bank’
Mizuho, LINE Increase Investments In Bid To Launch ‘Smartphone Bank’
February 22, 2021  |  Banking

LINE Corp. and Mizuho Financial Group have agreed to increase their investment in LINE Bank Preparatory Co. and to make changes to its management structure...

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MYBank, Backed By Ant Group, Signs Up For Digital Yuan Test Drives
MYBank, Backed By Ant Group, Signs Up For Digital Yuan Test Drives
February 22, 2021  |  Cross-border Payments

Ant Group’s MYBank is getting in on China’s moves toward launching a digital currency. The online bank said it will now be one of the...

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Digital Banking Apps Play Chutes And Ladders In Latest Provider Ranking
Digital Banking Apps Play Chutes And Ladders In Latest Provider Ranking
February 22, 2021  |  Mobile

Automation, personalization and the promise of real-time (or at least near real-time) payments all add to the gravitational pull that banking apps exert on the...

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Today In Digital-First Banking: Bank Of America Inventors File Record Number Of Patents; Klarna Teams With Crypto Exchange Safello
Today In Digital-First Banking: Bank Of America Inventors File Record Number Of Patents; Klarna Teams...
February 19, 2021  |  Banking

In today’s top digital-first banking news, Bank of America inventors filed a record number of patents, while Klarna is collaborating with cryptocurrency exchange Safello. Plus,...

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Today In Digital-First Banking: Revolut Business Debuts QR Codes For Payments; Credit-Building Platform SeedFi Lands Funding
Today In Digital-First Banking: Revolut Business Debuts QR Codes For Payments; Credit-Building Platform SeedFi Lands Funding
February 18, 2021  |  Banking

In today’s top digital-first banking news, Revolut Business is launching quick-response (QR) codes to facilitate socially distanced payments, while SeedFi has notched $65 million in...

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Subscription Models Begin To Explore Financial Services Arena
Subscription Models Begin To Explore Financial Services Arena
February 18, 2021  |  Subscriptions

The landscape has changed remarkably for financial institutions (FIs) over the last decade. Since the Great Recession, interest rates have been close to zero or...

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