mobile banking

Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.).

Wells Fargo to Release AI-Powered Virtual Assistant, Updated Mobile App in 2022 
Wells Fargo to Release AI-Powered Virtual Assistant, Updated Mobile App in 2022 
October 26, 2021  |  Mobile Applications

Wells Fargo & Company will begin launching its updated mobile app in early 2022 and will release an all-new artificial intelligence-powered virtual assistant, Fargo, later...

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Kakao Pay’s Seoul IPO Raises $1.3B at Top of Range
Kakao Pay’s Seoul IPO Raises $1.3B at Top of Range
October 22, 2021  |  IPO

South Korea’s biggest digital payments platform Kakao Pay raised $1.28 billion in an initial public offering (IPO) priced at the top of its range, according...

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Digital Bank Lunar Snags Payments Platform Paylike 
Digital Bank Lunar Snags Payments Platform Paylike 
October 19, 2021  |  Partnerships / Acquisitions

Danish digital bank Lunar announced Tuesday (Oct. 19) it has acquired payments platform Paylike for an undisclosed amount, according to a Fintech Futures report, in...

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Citi Says Mobile Customers Have Grown 24% in 2 Years
Citi Says Mobile Customers Have Grown 24% in 2 Years
October 14, 2021  |  Earnings

Citigroup said the bank’s digital strategy is causing more customers to interact with it over digital and mobile devices than ever before, a transformation it plans to continue. Officially, the fourth largest U.S. bank...

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Bank of America Says Zelle Users Have Grown 24% YoY
Bank of America Says Zelle Users Have Grown 24% YoY
October 14, 2021  |  Earnings

Bank of America’s third-quarter earnings results showed a continued increase in customers using digital and mobile channels for their banking needs, while $1.1 billion in...

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Report: Data Security Concerns Keep Nearly Half of US Consumers From Switching to Digital Only Banks
Report: Data Security Concerns Keep Nearly Half of US Consumers From Switching to Digital Only...
September 27, 2021  |  Digital Banking

Bank customers have made it clear for years that they like the convenience and ease of use provided by technology-based services. This preference has always...

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Emirates Development Bank Launches SMB Banking App
Emirates Development Bank Launches SMB Banking App
September 21, 2021  |  B2B Payments

Emirates Development Bank, which is important for Dubai’s industrial transformation agenda, has rolled out an app to help small- to medium-sized businesses (SMBs) in the...

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Deep Dive: How Banks Can Personalize Services Amid The Digital Migration
Deep Dive: How Banks Can Personalize Services Amid The Digital Migration
September 20, 2021  |  Digital-First Banking

Health concerns and reduced access to brick-and-mortar locations prompted a large portion of consumers to shift their banking from in-person to online in 2020, with...

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Simmons Bank on Pairing Digital Tools With a Human Touch to Satisfy Digital-First Customers
Simmons Bank on Pairing Digital Tools With a Human Touch to Satisfy Digital-First Customers
September 17, 2021  |  Digital-First Banking

Mobile and online banking options have been available for years, but health and safety concerns over the past 18 months have pushed many technology-hesitant consumers...

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