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

Canada’s Twist On The Digital Banking Model
Canada’s Twist On The Digital Banking Model
August 13, 2018  |  Digital Banking

Oh, Canada?  A good market to be in for FIs seeking to create digital only banks, if you get the rates right, the timing right...

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Postbank Kenya Rolls Out Mobile Banking Platform
Postbank Kenya Rolls Out Mobile Banking Platform
August 10, 2018  |  Banking

In an effort to take advantage of mobile phone penetration, Postbank Kenya has launched a new banking service. The mobile offering, which is called M-Chama,...

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Cash Remains Central To India’s Economy, But Competition Is Growing
Cash Remains Central To India’s Economy, But Competition Is Growing
August 08, 2018  |  Cash

Two years in, India is seemingly undergoing “remonetization,” with cash usage growing 10.5 percent and returning to pre-demonetization levels. In fact, use of cash is...

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NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021
NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021
August 07, 2018  |  Cash

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a...

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Monzo Extends Its Bank Accounts To UK Residents Aged 16, 17
Monzo Extends Its Bank Accounts To UK Residents Aged 16, 17
August 06, 2018  |  Digital Banking

Monzo, the digital bank, announced Monday (Aug. 6) that it is making its bank accounts open to anyone in the U.K. between the ages of...

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İşbank Launches API Portal, VTB Bank Rolls Out Mobile Banking
İşbank Launches API Portal, VTB Bank Rolls Out Mobile Banking
July 27, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes how Turkey’s İşbank rolled out an application programming interface (API) portal. In...

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Why State Street Wants To Use AI On “Almost Everything”
Why State Street Wants To Use AI On “Almost Everything”
July 20, 2018  |  Digital Banking

FIs' investment in artificial intelligence (AI) and machine learning (ML) is expected to reach $57.6 billion by 2021. In the latest Digital Banking Tracker, PYMNTS...

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NEW REPORT: State Street Chief On Cost-Benefits Of AI
NEW REPORT: State Street Chief On Cost-Benefits Of AI
July 19, 2018  |  Digital Banking

Banks are increasingly turning to AI as they look to gain an edge over their competition. In fact, over 80 percent of banks with more...

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Today In Data: Going Big, Thinking Small
Today In Data: Going Big, Thinking Small
July 18, 2018  |  Today In Data

The marketplace of 2018 and its many opportunities are the favored fodder for optimists in the digital age. But a fast-growing world is a challenging...

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