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

Wells Fargo Targets Gen Z With Low-Cost Digital Account

Wells Fargo Targets Gen Z With Low-Cost Digital Account
Wells Fargo Targets Gen Z With Low-Cost Digital Account
September 01, 2020  |  Banking

Wells Fargo is launching a new, low-cost bank account — with access as well to a new digital payments service — in its latest move...

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How The Smartphone’s Evolution Drives The SMB Banking Experience
How The Smartphone’s Evolution Drives The SMB Banking Experience
September 01, 2020  |  B2B Payments

The mobile device has been providing small business owners with a quick, convenient way to check balances and initiate payments – the same way they’ve...

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Credit Unions Are Betting On Microbusinesses
Credit Unions Are Betting On Microbusinesses
August 31, 2020  |  Credit Unions

Microbusinesses, from food trucks to housepainters, tend to be sole proprietorships pulling in $250,000 to $1 million per year top-line. In the developing world, financing...

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Cloud Banking Next Step In FI Modernization
Cloud Banking Next Step In FI Modernization
August 31, 2020  |  Banking

With estimates that over 500 billion real-time payments will be processed over the next five years, the race is on for upgrades and integrations that...

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ING On The Use Of AI And ML In Financial Crime Prevention
ING On The Use Of AI And ML In Financial Crime Prevention
August 31, 2020  |  Fraud Prevention

Fraudsters aren't just posing a threat to retail banking, but are now also targeting corporate accounts with large scale schemes that combine phishing and malware...

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Blend CEO: Why Mortgage Lending Needs More Data, Not More Documents
Blend CEO: Why Mortgage Lending Needs More Data, Not More Documents
August 31, 2020  |  Real Estate

The great digital shift might upend the way we get mortgages, transforming a $2.1 trillion industry weighed down by time-consuming processes to one that is...

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Chinese Bank Shuts Public Access To eWallet For Digital Yuan
Chinese Bank Shuts Public Access To eWallet For Digital Yuan
August 30, 2020  |  Cryptocurrency

One of the four largest Chinese banks swiftly disabled its new soft launch for a digital yuan wallet after its quiet rollout got mass attention,...

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