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)

Live Oak Bank Launches First Embedded Banking Partnership
Live Oak Bank Launches First Embedded Banking Partnership
June 03, 2024  |  Digital-First Banking

Live Oak Bank has launched its first embedded banking partnership. Powered by the bank’s in-house technology and a Finxact core, this offering enables software companies...

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Neobank Bunq Looks to Court UK’s Digital Nomads
Neobank Bunq Looks to Court UK’s Digital Nomads
June 03, 2024  |  Digital Banking

Dutch neobank Bunq is reportedly aiming to return to the U.K. Founder and CEO Ali Nikham told CNBC in a report published Monday (June 3) that the company is...

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UK Neobank Monzo Marks First Profitable Year 
UK Neobank Monzo Marks First Profitable Year 
June 03, 2024  |  Digital Banking

British neobank Monzo is planning further expansion as it marks its first profitable year. The company’s annual report, released Monday (June 3), showed its profit...

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Revolut to Expand in Asia-Pacific, Build on Success in Australia
Revolut to Expand in Asia-Pacific, Build on Success in Australia
May 31, 2024  |  Digital Banking

London-based FinTech company Revolut has reportedly set its sights on the Asia-Pacific (APAC) region for its global expansion strategy. Charlie Short, head of growth at...

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Gen Z Members Expect Credit Unions to Double Banking Features
Gen Z Members Expect Credit Unions to Double Banking Features
May 30, 2024  |  Credit Unions

According to PYMNTS Intelligence data, 95% of U.S. credit unions (CUs) are now wooing prospective Gen Z members. However, as “How Credit Union Innovation Can...

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Jio Financial Services Launches Digital Banking App in India
Jio Financial Services Launches Digital Banking App in India
May 30, 2024  |  Digital Banking

Jio Financial Services launched its JioFinance app in beta mode, saying it aims to advance digital transformation and enhance the “financial well-being of every Indian.”...

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Browser ID and ‘Silent Authentication’ Underpin Online Banking Security
Browser ID and ‘Silent Authentication’ Underpin Online Banking Security
May 30, 2024  |  Authentication

With so much focus placed on mobile banking and digital wallets, online transactions are often lost in the mix. While mobile devices have become ubiquitous,...

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Volatility and Uncertain Access to Capital Roil Direct to Consumer Brands
Volatility and Uncertain Access to Capital Roil Direct to Consumer Brands
May 28, 2024  |  eCommerce

For direct to consumer companies, volatility may be the key certainty in an uncertain environment. The latest evidence came amid reports from The New York...

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Banking Takes a Page out of Retail’s ‘Clienteling’ Playbook
Banking Takes a Page out of Retail’s ‘Clienteling’ Playbook
May 28, 2024  |  Banking

Banking, like any business, thrives on customer loyalty, on getting the right customers through the digital doors … and the branch settings too. The rise...

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