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)

70% of Small Businesses Want Better Cash Management Services From Banks
70% of Small Businesses Want Better Cash Management Services From Banks
July 31, 2024  |  SMBs

Small to mid-sized businesses (SMBs) are contending with a perfect storm of financial difficulties: outdated payment systems, persistent inflation and delayed payments. These issues disrupt...

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LendingClub Sees Traction Building ‘Lifetime Lending Relationships’
LendingClub Sees Traction Building ‘Lifetime Lending Relationships’
July 30, 2024  |  Earnings

LendingClub’s latest results noted growth in loan originations, a surge in repeat business — and cross-pollination efforts that management said reflect the ability to deepen,...

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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...

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AppBrilliance Opens Pay-by-Bank Options for Closed-Loop Digital Wallets
AppBrilliance Opens Pay-by-Bank Options for Closed-Loop Digital Wallets
July 29, 2024  |  Payment Methods

When The Clearing House amended its rules on digital wallets in early May, few in the industry paid much attention. After all, it was little more...

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Bank of America: CashPro App Payment Approvals Volume Up 40%
Bank of America: CashPro App Payment Approvals Volume Up 40%
July 25, 2024  |  B2B Payments

Bank of America said Thursday (July 25) that the volume of corporate payment approvals completed via its mobile app for corporate and commercial banking, CashPro...

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Revolut Finally Lands British Banking License 
Revolut Finally Lands British Banking License 
July 25, 2024  |  Digital Banking

After a three-year wait, Revolut has secured a banking license in its home country. The British FinTech announced Thursday (July 25) that it had been...

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UK Banks Face New Restrictions on Branch Closures
UK Banks Face New Restrictions on Branch Closures
July 24, 2024  |  Bank Regulation

Great Britain’s financial regulator has just made it harder for banks to shutter branches. The Financial Conduct Authority (FCA) published its “access to cash” rules...

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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...

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QIB Adds Request to Pay to Instant Payments Service
QIB Adds Request to Pay to Instant Payments Service
July 22, 2024  |  Faster Payments

Qatar Islamic Bank (QIB) has added a “request payment” feature to its instant payment service. The new feature, announced Monday (July 22), lets customers request a payment from...

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