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)

Plaid Adds Products, Partnerships Aimed at Serving Enterprise Customers
Plaid Adds Products, Partnerships Aimed at Serving Enterprise Customers
July 02, 2024  |  Digital Banking

Plaid has been rolling out new products and partnerships in recent months, offering additional resources to a broader range of customers, including enterprises. For example,...

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Revolut Revenues Jump 95% With Addition of 12 Million Customers
Revolut Revenues Jump 95% With Addition of 12 Million Customers
July 02, 2024  |  Digital Banking

Revolut’s revenues jumped 95% last year as it continues to pursue a British banking license. The London-based FinTech released its 2023 annual report Tuesday (July...

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Trovata Introduces Embedded Banking Solution for Corporate Bank Accounts
Trovata Introduces Embedded Banking Solution for Corporate Bank Accounts
June 26, 2024  |  Digital Banking

Trovata has introduced an embedded banking solution designed for corporate bank accounts. The new Multibank Connector includes an extensive library of direct-to-bank application programming interfaces...

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Nubank Accelerates AI-First Strategy With Hyperplane Acquisition
Nubank Accelerates AI-First Strategy With Hyperplane Acquisition
June 26, 2024  |  Acquisitions

Digital banking platform Nubank has acquired data intelligence company Hyperplane, saying this move will accelerate its artificial intelligence (AI)-first strategy. With the addition of Hyperplane’s...

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How the World Does Digital: A Deep Dive Into Global Digital Engagement
How the World Does Digital: A Deep Dive Into Global Digital Engagement
June 25, 2024  |  Consumer Insights

It’s time to take stock of global digital engagement. The pandemic has finally faded into memory and the flurry of consequential payments innovation has given...

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New Digital Wealth Advisor Evergreen Money Launches High-Yield Checking Account
New Digital Wealth Advisor Evergreen Money Launches High-Yield Checking Account
June 25, 2024  |  Digital Banking

Evergreen Money introduced a high-yield checking account that offers the functionality of a traditional checking account. Deposits in the new Liquid Treasuries account are automatically...

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Trending: Banking-as-a-Service Upheaval Will Stabilize
Trending: Banking-as-a-Service Upheaval Will Stabilize
June 25, 2024  |  Digital Banking

One of the themes in PYMNTS’ monthly “What’s Next in Payments” series is that the Banking-as-a-Service (BaaS) model is under pressure right now. Synapse declared...

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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...

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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...

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