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

Candescent Names US Bank Vet Gareth Gaston as Product Chief
Candescent Names US Bank Vet Gareth Gaston as Product Chief
February 04, 2025  |  Personnel

Digital banking platform Candescent has named a new chief product officer. Gareth Gaston, described by Candescent as an “industry powerhouse,” is joining the firm after...

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Santander’s US Digital Bank Platform Marks $2 Billion in Deposits
Santander’s US Digital Bank Platform Marks $2 Billion in Deposits
February 03, 2025  |  Digital Banking

Santander’s American digital banking platform has surpassed $2 billion in deposits four months after launch. “This achievement represents a significant milestone in the Santander US business...

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Santander Picks Christiana Riley as US CEO Amid Companywide Reorganization
Santander Picks Christiana Riley as US CEO Amid Companywide Reorganization
January 31, 2025  |  Personnel

Banking giant Santander has reportedly chosen a new U.S. CEO amid a larger reshuffle. Christiana Riley will succeed Tim Wennes as the bank’s lead in...

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Lloyds Shuttering 136 Branches Amid Digital Banking Shift
Lloyds Shuttering 136 Branches Amid Digital Banking Shift
January 29, 2025  |  Banking

British lender Lloyds is closing 136 branches as its customers choose digital financing services. The closures will affect 61 Lloyds branches as well as 61 Halifax and...

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KeyCorp Eyes Embedded Banking Expansion as Deposits Climb in Q4
KeyCorp Eyes Embedded Banking Expansion as Deposits Climb in Q4
January 21, 2025  |  Earnings

In its fourth-quarter results released Tuesday (Jan. 21), financial institution KeyCorp, noted growth in its deposits. Management stated on a conference call with analysts that...

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Paytm CEO Expects Digital Bank Recovery Following Regulatory Suspension
Paytm CEO Expects Digital Bank Recovery Following Regulatory Suspension
January 21, 2025  |  Digital-First Banking

The founder of Paytm expects the company’s banking unit to spring back to life. Last year, the Reserve Bank of India (RBI) all but shuttered...

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Banking and BNPL Shifts in Limbo as Trump’s Executive Order Pauses Pending Regulations 
Banking and BNPL Shifts in Limbo as Trump’s Executive Order Pauses Pending Regulations 
January 21, 2025  |  Politics

Amid the blizzard of executive orders that marked the first day of the Trump administration, there was widespread speculation that the new president would take...

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Monzo CEO and Board Reportedly at Odds on IPO Location
Monzo CEO and Board Reportedly at Odds on IPO Location
January 21, 2025  |  Digital Banking

While Monzo wants to go public, its leadership reportedly can’t agree on where to list. That’s according to a report Tuesday (Jan. 21) by the...

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Nubank Parent Company Considers Moving Legal Domicile to Britain
Nubank Parent Company Considers Moving Legal Domicile to Britain
January 20, 2025  |  Business

Nubank’s parent company is reportedly considering moving its legal domicile to Britain before beginning a planned global expansion. Nu Holdings is currently domiciled in the Cayman...

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