digital first banking

NCR Voyix Sells Digital Banking Arm for $2.5 Billion
NCR Voyix Sells Digital Banking Arm for $2.5 Billion
August 06, 2024  |  Acquisitions

Digital commerce firm NCR Voyix has found a buyer for its cloud-based banking business. Tech investor Veritas Capital has agreed to purchase the banking platform for $2.45 billion in cash, along...

READ MORE >
Three-Quarters of Banks Face Digital Banking Infrastructure Issues
Three-Quarters of Banks Face Digital Banking Infrastructure Issues
August 05, 2024  |  Digital-First Banking

The banking industry is experiencing a seismic shift as agile, digital-native FinTechs capture an ever-growing share of the market. Burdened by outdated technology, traditional financial...

READ MORE >
46% of US Consumers Say They’re Ready for Open Banking
46% of US Consumers Say They’re Ready for Open Banking
July 30, 2024  |  Digital-First Banking

As younger and affluent consumers drive the trend, open banking payments stand on the verge of widespread acceptance. This payment method, which allows users to...

READ MORE >
Emirates NBD Says Middle East’s Digital-First Approach Forces Treasury Management Change
Emirates NBD Says Middle East’s Digital-First Approach Forces Treasury Management Change
July 23, 2024  |  Banking

The payments landscape is a global one, meaning winning innovations have boundless room to scale. It also means that geographical positioning can help with strategically...

READ MORE >
Truist Says Digital Onboarding Key to 42% Deposit Growth 
Truist Says Digital Onboarding Key to 42% Deposit Growth 
July 22, 2024  |  Earnings

Across today’s banking landscape, the phrase “higher for longer” isn’t just being applied to interest rate commentary. According to executives on Truist Financial Corporation’s second-quarter...

READ MORE >
New Data: Self-Service Innovation Emerges as Key to Credit Union Retention and Growth
New Data: Self-Service Innovation Emerges as Key to Credit Union Retention and Growth
July 10, 2024  |  Credit Unions

Credit union (CU) members tend to value benefits such as personal service and a sense of community associated with CUs. Data reveals, however, that CU...

READ MORE >
Australian Banking Association: Open Banking Rules Need ‘New Pathway Forward’
Australian Banking Association: Open Banking Rules Need ‘New Pathway Forward’
July 08, 2024  |  Bank Regulation

Australian Banking Association (ABA) CEO Anna Bligh said its “time to go back to the drawing board” when it comes to the country’s open banking rules....

READ MORE >
Neobanks See An Opportunity As Banks Move Away From Free Services
Neobanks See An Opportunity As Banks Move Away From Free Services
July 05, 2024  |  Banking

The arguably natural consequences of fee caps and limits on debit interchange — and the uncertainty of the regulatory climate — are now showing up...

READ MORE >
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...

READ MORE >