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

Kani Payments and Pismo Partner on Data Reconciliation, Reporting Platform
Kani Payments and Pismo Partner on Data Reconciliation, Reporting Platform
February 21, 2024  |  Partnerships

Kani Payments, a global data reconciliation and reporting platform, has formed a strategic partnership with Pismo, an issuer processing and core banking platform. This partnership extends...

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BVNK Gets Electronic Money License to Expand Operations and Customer Support
BVNK Gets Electronic Money License to Expand Operations and Customer Support
February 21, 2024  |  B2B Payments

B2B payments platform BVNK announced that its electronic money institution (EMI) license is now live in Europe. The move is expected to enhance the company’s...

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Prizeout Launches Cash-Back Products for Credit Unions
Prizeout Launches Cash-Back Products for Credit Unions
February 21, 2024  |  Gift Cards

Prizeout has introduced a new white-label solution that enables credit unions to offer their members a suite of cash-back products. The new CashBack+ helps credit...

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PSCU/Co-Op Solutions Combination Creates Innovation ‘Aggregator’ for Credit Unions
PSCU/Co-Op Solutions Combination Creates Innovation ‘Aggregator’ for Credit Unions
February 21, 2024  |  Credit Unions

Mergers are born of the principle that a combination of enterprises is greater than the sum of the respective parts. Chuck Fagan, president and CEO...

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Report: FairMoney Looking to Acquire Umba, Expand in Kenya
Report: FairMoney Looking to Acquire Umba, Expand in Kenya
February 20, 2024  |  Digital Banking

FairMoney, a digital bank based in Lagos and headquartered in Paris, is reportedly in talks to acquire Umba, a digital bank operating in Nigeria and...

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FinTechs Believe CFPB’s 1033 Rule Will Bring ‘Clarity’ to Data Sharing and Foster Financial Services Innovation
FinTechs Believe CFPB’s 1033 Rule Will Bring ‘Clarity’ to Data Sharing and Foster Financial Services...
February 14, 2024  |  Regulation

Matt Janiga, legal counsel and director of regulatory and public affairs at Trustly, told PYMNTS that the Consumer Financial Protection Bureau’s open banking rule, commonly...

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American Express Taps NCR Atleos for Surcharge-Free ATM Access
American Express Taps NCR Atleos for Surcharge-Free ATM Access
February 13, 2024  |  Cash

American Express has selected NCR Atleos’ Allpoint ATM Network to deliver surcharge-free cash access in the United States to its business and consumer checking customers....

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Finom Raises $54 Million to Expand Digital Business Banking Solution
Finom Raises $54 Million to Expand Digital Business Banking Solution
February 13, 2024  |  Investments

Finom has raised 50 million euros ($53.6 million) in Series B financing to expand its digital business banking solution in the European Union (EU). The...

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EU Bank Watchdog Warns Lenders of Once ‘Inconceivable’ Risks
EU Bank Watchdog Warns Lenders of Once ‘Inconceivable’ Risks
February 12, 2024  |  Banking

Europe’s new top bank regulator wants lenders to beef up plans for dealing emerging risks. “Many of the issues dominating today’s headlines were inconceivable a decade ago,”...

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