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

Monzo Launches New Premium Consumer Banking Accounts

Monzo Launches New Premium Consumer Banking Accounts
Monzo Launches New Premium Consumer Banking Accounts
July 16, 2020  |  Banking

U.K. digital bank Monzo is taking another crack at offering premium online consumer banking accounts with features designed to help account holders create — and...

READ MORE >
Wells Fargo Shuts Millennial-Friendly App ‘Greenhouse’ To New Clients
Wells Fargo Shuts Millennial-Friendly App ‘Greenhouse’ To New Clients
July 15, 2020  |  Banking

Wells Fargo has quietly stopped accepting new users for its Greenhouse mobile-first banking app, which the bank unveiled less than three years ago. Get the...

READ MORE >
NYMBUS Partnership With Payrailz Could Help Banks Digitize Faster
NYMBUS Partnership With Payrailz Could Help Banks Digitize Faster
July 13, 2020  |  B2B Payments

Financial services platform NYMBUS announced a partnership with digital payments company Payrailz to help more financial institutions (FIs) quickly transition to digital banking services, according...

READ MORE >
The Digital Shift
The Digital Shift
July 13, 2020  |  Payments Innovation

“FIs will need to take a hard look at their digital strategy and service capabilities and focus on ways to deliver the same level of...

READ MORE >
Deep Dive: Why Leveraging Biometrics Can Ease FIs’ $4B ATO Problem
Deep Dive: Why Leveraging Biometrics Can Ease FIs’ $4B ATO Problem
July 13, 2020  |  Fraud Prevention

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Combating ATOs With Multifactor Authentication, Behaviors Analysis And Customer Education
Combating ATOs With Multifactor Authentication, Behaviors Analysis And Customer Education
July 10, 2020  |  Fraud Prevention

Much has been said about the viability of biometrics for guarding against bad actors, but financial institutions (FIs) cannot simply assume that all of their...

READ MORE >
Digital IDs Help Open Banking Reach Its Fullest Potential
Digital IDs Help Open Banking Reach Its Fullest Potential
July 10, 2020  |  Banking

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen, chief operating officer...

READ MORE >
Deutsche Bank, Google Join Forces For Cloud Services Offering
Deutsche Bank, Google Join Forces For Cloud Services Offering
July 07, 2020  |  Banking

Deutsche Bank has agreed to an alliance with Google to provide the German lender with access to cloud services and to offer technology-based financial products...

READ MORE >