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

Bank Of America’s Zelle P2P Transactions Increased 97 Pct In Q4
Bank Of America’s Zelle P2P Transactions Increased 97 Pct In Q4
January 16, 2019  |  Earnings

Zelle P2P payments increased 97 percent in the fourth quarter of 2018, Bank of America said Wednesday (Jan. 16), signaling the latest burst of growth...

READ MORE >
N26 Has $2.7B Valuation After Latest Funding Round
N26 Has $2.7B Valuation After Latest Funding Round
January 10, 2019  |  Digital Banking

N26, the European mobile bank operator, announced Thursday (January 10) that it has raised $300 million in venture funding, led by Insight Venture Partners. In a press...

READ MORE >
Affirm Joins The High-Yield Savings Account Crowd
Affirm Joins The High-Yield Savings Account Crowd
January 09, 2019  |  Consumer Finance

Affirm, a company founded by entrepreneur Max Levchin to provide fair alternative credit, has launched a new free saving account that offers a 2 percent...

READ MORE >
Chime’s Expanding Banking Services Menu
Chime’s Expanding Banking Services Menu
January 08, 2019  |  Digital Banking

When Chime’s Co-founders Chris Britt (CEO) and Ryan King (CTO) first set out to start a web bank, it was with one idea in mind:...

READ MORE >
Why ‘Knowing More Up Front’ Means Knowing Credit Unions’ Digital Future
Why ‘Knowing More Up Front’ Means Knowing Credit Unions’ Digital Future
December 28, 2018  |  Credit Unions

It may come as no surprise to readers that, when asked about what influences the use of one payment method over another, credit union (CU)...

READ MORE >
KPMG: 2018 Was The Year of Democratization
KPMG: 2018 Was The Year of Democratization
December 26, 2018  |  Payments Innovation

Daniel Houseman, partner at KPMG, contributed the following piece as part of the PYMNTS 2018 year-end eBook.  Payments innovation in 2018 has leveled the playing field,...

READ MORE >
Radius Bank Goes Mobile For Micro-Businesses
Radius Bank Goes Mobile For Micro-Businesses
December 18, 2018  |  B2B Payments

Virtual bank Radius Bank — which services small businesses (SMBs), micro-firms and consumers — is rolling out a revamped digital banking platform and a mobile banking app,...

READ MORE >
How Digital Will Change Brick-and-Mortar In 2019
How Digital Will Change Brick-and-Mortar In 2019
December 11, 2018  |  Retail

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019...

READ MORE >
Credit Unions Jump On The FI-FinTech Collaboration Train
Credit Unions Jump On The FI-FinTech Collaboration Train
December 06, 2018  |  B2B Payments

One of the biggest ways FinTech firms have been able to gain a competitive edge on traditional banks, for small business (SMB) customers, is through...

READ MORE >