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

Ingo Payments’ Edwards: 2025 Will Change the Rules for Bank-FinTech Partnerships
Ingo Payments’ Edwards: 2025 Will Change the Rules for Bank-FinTech Partnerships
December 20, 2024  |  Partnerships

As the banking and payments sector stands on the cusp of 2025 on a new regulation-averse government worldview, one of the issues that bears watching...

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Nubank Helps Digital Lender Tyme Reach $1.5 Billion Valuation
Nubank Helps Digital Lender Tyme Reach $1.5 Billion Valuation
December 17, 2024  |  Investments

South Africa-based digital bank Tyme has achieved unicorn status with the help of fellow FinTech Nubank. The company announced Tuesday (Dec. 17) that it had raised $250 million in a...

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Revolut Introduces Fraud Protection for Crypto Customers
Revolut Introduces Fraud Protection for Crypto Customers
December 17, 2024  |  Cryptocurrency

Revolut will reportedly offer new anti-fraud security measures to its cryptocurrency customers starting next year. “In the crypto space, there’s a little bit of an issue with...

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Santander Appoints PayPal Veteran to Head Digital Consumer Bank
Santander Appoints PayPal Veteran to Head Digital Consumer Bank
December 11, 2024  |  Personnel

Banco Santander has appointed PayPal veteran Nitin Prabhu as its global head of Digital Consumer Bank (DCB). In this role as head of one of the bank’s five...

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MercadoLibre and Nubank Get More Aggressive in LatAm Digital Banking Race
MercadoLibre and Nubank Get More Aggressive in LatAm Digital Banking Race
December 10, 2024  |  Latin America

Who will become Latin America’s dominant digital banking force, MercadoLibre or Nubank? It’s a question posed Tuesday (Dec. 10) in a report by Bloomberg News,...

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Newly Flush With Capital, Challenger Banks Face New Challenges
Newly Flush With Capital, Challenger Banks Face New Challenges
December 10, 2024  |  Security & Fraud

A wave of funding rounds over the past several months is giving challenger banks fresh financial firepower to position themselves as alternatives to traditional banks,...

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BofA’s CashPro App Milestone Spotlights Treasury’s Digital Evolution
BofA’s CashPro App Milestone Spotlights Treasury’s Digital Evolution
December 10, 2024  |  B2B Payments

The days of chief financial officers and treasury teams being tethered to desktops or waiting for approvals via email are over. By the end of...

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Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes
December 10, 2024  |  Security & Fraud

As digital transactions play a role in the financial landscape, financial institutions invest heavily in fraud prevention tools. Efforts to combat fraud in routine digital...

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Revolut Aims to Become New Zealand’s First Global Digital Bank
Revolut Aims to Become New Zealand’s First Global Digital Bank
December 09, 2024  |  Digital Banking

Revolut’s ongoing expansion efforts have the U.K. FinTech focused on New Zealand. While Revolut already provides services to customers in the island nation, it now...

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