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

Wells Fargo Seeks Greater Fee-Based Traction While Economic Ambiguity Reigns
Wells Fargo Seeks Greater Fee-Based Traction While Economic Ambiguity Reigns
April 11, 2025  |  Earnings

Economic uncertainty is casting a long shadow over the year ahead. Bank leaders are framing 2025 as a year of “wait and see” marked by...

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Report: BaaS Startup Solid Files for Bankruptcy, Aims to Sell
Report: BaaS Startup Solid Files for Bankruptcy, Aims to Sell
April 10, 2025  |  Digital Banking

Solid, the banking-as-a-service (BaaS) startup formerly known as Wise, reportedly filed for Chapter 11 bankruptcy protection. The company had not been able to raise more...

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Galileo Introduces Deposit Sweep Product for FinTechs
Galileo Introduces Deposit Sweep Product for FinTechs
April 08, 2025  |  Digital Banking

Galileo Financial Technologies has introduced a product that automates deposit sweeps for FinTechs, enabling them to offer more competitive returns and peace of mind to...

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Airwallex Reportedly Plans to Seek US and UK Banking Licenses
Airwallex Reportedly Plans to Seek US and UK Banking Licenses
April 07, 2025  |  Banking

Singapore-based payments startup Airwallex reportedly wants to expand into lending. To that end, the company, which offers AI-powered automated workflow solutions among other offerings, plans to acquire...

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Agentic AI Emerges as Fix for Cross-Border Payment Frictions
Agentic AI Emerges as Fix for Cross-Border Payment Frictions
April 04, 2025  |  artificial intelligence

Agentic artificial intelligence (AI) promises to improve operational efficiencies and the customer experience offered by enterprises. The advanced technology is finding applications in loan underwriting...

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Cash App’s Growing Number of Direct Deposits Marks Progress in Expansion Efforts
Cash App’s Growing Number of Direct Deposits Marks Progress in Expansion Efforts
April 03, 2025  |  Mobile Applications

Block’s Cash App is reportedly making progress in its efforts to offer banking services to customers who mostly use the app to make payments. The...

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61% of Mid-Sized Banks Eye Fully Automated Lending
61% of Mid-Sized Banks Eye Fully Automated Lending
April 03, 2025  |  Digital-First Banking

Digital lending is at a crossroads as financial institutions and banks grapple with modernizing their loan processes, revealing a significant divide between readiness for consumers...

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Chime Debuts Premium Tier and New Banking Features
Chime Debuts Premium Tier and New Banking Features
March 31, 2025  |  Digital Banking

Mobile banking app Chime launched a premium membership program alongside several new features. Chime+ is available exclusively to members who direct deposit, the company said...

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64% of Credit Unions Plan to Offer Biometrics Authentication
64% of Credit Unions Plan to Offer Biometrics Authentication
March 27, 2025  |  Credit Unions

As is the case with any entity, banks’ relationship with their end customers is only as strong as the trust that exists between the two,...

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