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

UK Neobanks Try Business Rewards Accounts to Win Over Small Businesses

UK Neobanks Try Business Rewards Accounts to Win Over Small Businesses
UK Neobanks Try Business Rewards Accounts to Win Over Small Businesses
May 17, 2023  |  Banking

From high fees to complex applications and an impersonal service, the business current accounts offered by traditional banks still leave a lot to be desired,...

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Neobank N26 Debuts Interest-Bearing Savings Account in Spain
Neobank N26 Debuts Interest-Bearing Savings Account in Spain
May 16, 2023  |  Banking

Neobank N26 has launched a savings account in Spain as it weathers a turbulent period. Get the Full Story Complete the form to unlock this article and...

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Pay.UK Says Controlling UK’s Payments Fraud Epidemic Needs More than AI
Pay.UK Says Controlling UK’s Payments Fraud Epidemic Needs More than AI
May 16, 2023  |  Cybersecurity

Over £1.2 billion ($1.5 billion) in the U.K. was stolen through authorized and unauthorized financial fraud in 2022, according to a recently published UK Finance report....

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Nigerian Mobile Companies Block Banks From Text Service Over Unpaid Bill
Nigerian Mobile Companies Block Banks From Text Service Over Unpaid Bill
May 15, 2023  |  Mobile Payments

Nigerian mobile companies are reportedly halting text services to banks over a $259 million bill.  Get the Full Story Complete the form to unlock this...

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FinTechs’ Latest Profitability Challenge Is Finding Business Models Beyond Interchange
FinTechs’ Latest Profitability Challenge Is Finding Business Models Beyond Interchange
May 12, 2023  |  Banking

FinTechs are facing an existential crisis now that the age of easy access to capital is over. Get the Full Story Complete the form to...

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Revolut CFO Resigns Citing ‘Personal Reasons’
Revolut CFO Resigns Citing ‘Personal Reasons’
May 11, 2023  |  Personnel

Revolut’s chief financial officer has stepped down two years after joining the British FinTech. Get the Full Story Complete the form to unlock this article...

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Plaid Signs Agreements to Migrate Traffic to Financial Institutions’ APIs
Plaid Signs Agreements to Migrate Traffic to Financial Institutions’ APIs
May 11, 2023  |  Banking

Plaid is expanding its application programming interface (API)-based data sharing network. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Banks Turn to Service to Close Consumer Trust Gap
Banks Turn to Service to Close Consumer Trust Gap
May 10, 2023  |  Banking

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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