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

PSCU Backs Subsidiary Lumin Digital With Additional $35M 
PSCU Backs Subsidiary Lumin Digital With Additional $35M 
November 21, 2019  |  Credit Unions

PSCU, a credit union service organization (CUSO), is backing its subsidiary Lumin Digital, a cloud-based banking platform, with an additional $35 million, bringing the total...

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Deep Dive: How Emerging AI Data-Driven Models Influence The Fraud Fight
Deep Dive: How Emerging AI Data-Driven Models Influence The Fraud Fight
November 21, 2019  |  Digital Banking

Bank and credit card fraud losses are likely to reach $44 billion by 2025, and new fraud types — like attacks from false mobile banking...

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Barclays Enhances Biometric Authentication For Corporates
Barclays Enhances Biometric Authentication For Corporates
November 20, 2019  |  B2B Payments

Barclays is collaborating with Hitachi on a biometric scanner designed to accelerate and boost the security of corporate transactions. Get the Full Story Complete the...

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How Scotiabank Manages Fraud Protection For A Data-Driven Future
How Scotiabank Manages Fraud Protection For A Data-Driven Future
November 20, 2019  |  Digital Banking

With more than 4.1 billion user credentials exposed in the first half of 2019 alone, financial institutions (FIs) are rushing to artificial intelligence (AI) to...

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PSCU To Invest $100M To Advance Credit Union Solutions
PSCU To Invest $100M To Advance Credit Union Solutions
November 19, 2019  |  Digital Banking

Payments credit union service organization (CUSO) PSCU has announced it will invest $100 million over the next few years to focus on improving solutions for...

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Scotiabank: Slow But Steady Wins the AI Fraud Race
Scotiabank: Slow But Steady Wins the AI Fraud Race
November 19, 2019  |  Digital Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Why Google’s Deal With Citi Isn’t About Becoming A Bank (But Is Still A Big Deal)
Why Google’s Deal With Citi Isn’t About Becoming A Bank (But Is Still A Big...
November 18, 2019  |  Payments Innovation

It was the gasp heard ‘round the world last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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CIT Bank Rolls Out Digital Checking Product
CIT Bank Rolls Out Digital Checking Product
November 15, 2019  |  Digital Banking

National direct bank CIT Bank is introducing eChecking, a new digital checking account with a wide variety of electronic transfer and payment solutions, the company...

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Deep Dive: The Many Roads To Digital-First Banking
Deep Dive: The Many Roads To Digital-First Banking
November 15, 2019  |  Banking

PYMNTS’ Where Will We Bank Next? Survey found that banking customers are increasingly placing a higher value on convenience, personal data security and appealing products....

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