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

BitoGroup and Bankee Partner on Crypto-Friendly Bank Accounts
BitoGroup and Bankee Partner on Crypto-Friendly Bank Accounts
June 21, 2024  |  Cryptocurrency

Cryptocurrency exchange BitoGroup and Far Eastern International Bank Bankee have partnered to launch a dedicated “crypto-friendly bank account.” With this collaboration between the crypto exchange and...

READ MORE >
Traditional Banks Must Innovate Their B2B Solutions to Stay Competitive
Traditional Banks Must Innovate Their B2B Solutions to Stay Competitive
June 21, 2024  |  B2B Payments

Both the banking and business landscape are being reshaped by next-generation behavioral expectations. In order to meet these emerging end-user expectations, which tend to center...

READ MORE >
Report: Revolut Planning Share Sale at $40 Billion Valuation
Report: Revolut Planning Share Sale at $40 Billion Valuation
June 21, 2024  |  Digital Banking

Revolut is reportedly planning a share sale and seeking a valuation that would be close to that of Lloyds Banking Group. The British FinTech is...

READ MORE >
Microservices Are at the Core of Core Banking’s Appeal
Microservices Are at the Core of Core Banking’s Appeal
June 20, 2024  |  Banking

For traditional financial services players, core banking beckons as a way to enable other financial firms — banks and FinTechs included — to set up...

READ MORE >
Treasury Prime Partner Marketplace Adds FS Vector’s Compliance Training Resources
Treasury Prime Partner Marketplace Adds FS Vector’s Compliance Training Resources
June 18, 2024  |  Digital Banking

The Treasury Prime Partner Marketplace now includes FS Vector’s regulatory compliance training platform Headmaster. This addition comes as part of a newly formalized relationship between...

READ MORE >
Making Sense of For Benefit Accounts (FBOs) and FinTech’s Future
Making Sense of For Benefit Accounts (FBOs) and FinTech’s Future
June 17, 2024  |  Legal

The recent Synapse bankruptcy represents one of the biggest implosions in the FinTech sector’s history. The ongoing mess at the banking-as-a-service (BaaS) platform has affected...

READ MORE >
Elder Scams Spike as More Boomers Move Online
Elder Scams Spike as More Boomers Move Online
June 14, 2024  |  Security & Fraud

As more baby boomers and seniors go online to get their banking done — making payments, investing and paying bills or taxes — the fraudsters...

READ MORE >
Why Banks Are Starting to Care About MACH Architecture
Why Banks Are Starting to Care About MACH Architecture
June 14, 2024  |  Digital-First Banking

Financial institutions (FIs) can’t meet the evolving needs of digital-first customers with traditional solutions and infrastructure.  That’s why the finance industry must continually modernize the...

READ MORE >
How Credit Unions Are Playing David Against Industry Goliaths
How Credit Unions Are Playing David Against Industry Goliaths
June 13, 2024  |  Credit Unions

Regardless of a credit union’s size, members expect digital-first capabilities that can compete with what for-profit financial institutions (FIs) offer. While many CUs are rising...

READ MORE >