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

Chime Adds Cash-Back Feature to Debit, Credit Cards
Chime Adds Cash-Back Feature to Debit, Credit Cards
March 04, 2024  |  Digital Banking

Chime has partnered with Upside to launch a fee-free cash-back feature. The new Chime Deals allows Chime members to take advantage of cash-back opportunities on everyday spending on...

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Hank Payments and FinWise Partner on Consumer Banking Solutions
Hank Payments and FinWise Partner on Consumer Banking Solutions
March 04, 2024  |  Partnerships

Hank Payments has partnered with FinWise Bank to enhance consumer financial services, including lending, savings and payments.  This collaboration brings together Hank Payments’ banking platform with FinWise’s...

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Santander Slashes Jobs as Banking’s Digital Shift Continues
Santander Slashes Jobs as Banking’s Digital Shift Continues
March 04, 2024  |  Banking

Santander is reportedly cutting 320 jobs as it continues to embrace digital banking. The Spain-based bank has laid off a little under 3% of its American staff in...

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NCR Voyix: Digital Banking Growth Leads Software and Services Segment Higher
NCR Voyix: Digital Banking Growth Leads Software and Services Segment Higher
February 29, 2024  |  Earnings

NCR Voyix’s most recent results show that, in the wake of the division of NCR into two companies, demand for point-of-sale (POS) solutions in the retail...

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Mastercard to Launch New Open Banking-Powered Digital Account Opening Experience
Mastercard to Launch New Open Banking-Powered Digital Account Opening Experience
February 28, 2024  |  Digital Banking

Mastercard is preparing to launch a new digital account opening experience for select U.S. debit and prepaid products. The program will use open banking solutions...

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FIS Eyes Recurring Banking Solutions Growth After Sale of Worldpay Stake
FIS Eyes Recurring Banking Solutions Growth After Sale of Worldpay Stake
February 26, 2024  |  Digital Banking

Fidelity National Information Systems (FIS) reported fourth-quarter earnings results that showed momentum in recurring revenue metrics as financial institutions expand their digital banking initiatives and...

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Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
Block Sees 20% Jump in Cash App Card Monthly Active Users in December 
February 22, 2024  |  Earnings

Block’s latest earnings show more users opting to use Cash App Cards, an on-ramp to other financial services and products. As noted in the company’s shareholder...

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Grab Users Boost Digital Bank Adoption as Delivery, Ride-Hailing Businesses Recover
Grab Users Boost Digital Bank Adoption as Delivery, Ride-Hailing Businesses Recover
February 22, 2024  |  Earnings

Singapore’s Grab reported its first-ever quarterly profit on Thursday (Feb. 22). This, despite a cautious outlook for annual sales as its ridesharing and food delivery...

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Green Dot Partners With Dayforce for On-Demand Wage Access
Green Dot Partners With Dayforce for On-Demand Wage Access
February 21, 2024  |  Partnerships

Digital bank and FinTech firm Green Dot has announced a partnership with Dayforce to power its on-demand pay solution Dayforce Wallet. This collaboration will allow Green Dot to serve...

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