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Tag: digital banking


Capital and Risk, Operational

Boost Bank officially launches its digital banking app in Malaysia

June 6, 2024

Via: FinTech Futures

Boost Bank, which obtained regulatory approval from Bank Negara Malaysia and Malaysia’s Ministry of Finance to begin operations in January, aims to offer both personal and business banking services, including savings accounts and a loyalty programme. The app also offers […]


Capital and Risk, Operational

OUCU Financial Credit Union to migrate to Tyfone’s nFinia digital banking platform

May 24, 2024

Via: FinTech Futures

The $483 million-asset credit union, which provides business and consumer banking services to  26,000 members throughout Ohio, has selected the platform to “future-proof” its operations in digital banking, payments and member engagement, according to the vendor. Digital banking services provider […]


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The digital transformation divide in Europe’s banking industry

May 7, 2024

Via: FinTech Futures

According to the survey, fund managers have rediscovered their optimism, and gloomy predictions of recession seem to have been narrowly avoided. Against this backdrop, European fintech is finding its footing once more. Thanks to an exemplary combination of resilient financial […]


Capital and Risk, Operational

Opus CEO Praveen TM on driving AI transformation in banking and payments

April 10, 2024

Via: FinTech Futures

In an era where technology is reshaping the world of banking and payments, Opus Technologies is making waves through innovation. The company has launched a host of platforms and solutions to democratise artificial intelligence (AI) adoption among banks and credit […]


News

Is a phone charging cable the new bank card?

March 29, 2024

Via: FinTech Futures

I was genuinely surprised when a friend of mine – one of the fintech OGs – recently said he had loaded a bank card onto his phone’s pay app for the first time. He was taking his first tentative steps […]


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The Evolution of Digital Wallets and Their Impact on Global Commerce

March 8, 2024

Via: TechBullion

Digital wallets are key in today’s digital economy, changing how we make payments globally. They make payments easy and improve security. This piece explores how digital wallets are changing payment methods, focusing on their importance for security, ease of use, […]


Activity, Corporate Banking

The Top Trends in Corporate Banking You Need to Know About

February 22, 2024

Via: TechBullion

As the business world continues to evolve, so too does corporate banking. From digital transformations to innovative financial solutions, staying ahead of the game is essential for success in today’s competitive market. In this blog post, we’ll explore the top […]


News

Lloyds to cut 1,600 jobs across branch network amid growing customer preference for digital banking

January 29, 2024

Via: FinTech Futures

The structural overhaul comes amid the group’s claims that more than 21 million of its customers prefer to bank via online or mobile channels, with just 8% exclusively opting for branch-based banking. As a result of this growing preference for […]


Activity, Corporate Banking

The Role of Corporate Banking in Financing Mergers and Acquisitions: A Closer Look

January 18, 2024

Via: TechBullion

Are you intrigued by the world of mergers and acquisitions? Wondering about the crucial players behind these multimillion-dollar deals? Look no further, as we delve into the captivating role of corporate banking in financing such monumental transactions. Join us for […]


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Danske Bank looks to improve digital customer experience with Backbase

January 12, 2024

Via: FinTech Futures

Backbase, a Dutch provider of front-end digital banking solutions, says its platform will be implemented across the bank’s digital channels “progressively” over the next few years. The platform, which works across web and mobile interfaces and various advisory tools, specifically […]


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Evolving Trends in Mobile Banking: Shaping the Future of Financial Technology

November 21, 2023

Via: TechBullion

In the dynamic landscape of financial technology, mobile banking has emerged as a transformative force, revolutionizing the way individuals manage their finances. The evolution of mobile banking is a testament to the relentless pursuit of convenience and efficiency in the […]


Capital and Risk, Credit

State Employees Credit Union taps Apiture for digital banking upgrade

June 28, 2023

Via: FinTech Futures

The credit union says it will utilise Apiture’s Consumer Banking and Business Banking solutions to deliver “in-demand” features through an “intuitive” online interface and mobile app. It will also leverage Apiture’s Data Intelligence solution to drive digital engagement and provide […]


Capital and Risk, Operational

5 Ways Bank Boards Can Strengthen Operational Resilience

June 8, 2023

Via: Bank Director

As banks face an expanding array of threats and challenges, boards recognize the need to adapt their thinking. As a result, boards are increasingly taking a new approach to operational resilience. The topic of operational resilience calls to mind internal […]


Capital and Risk, Operational

How Banks Can Implement 3 Types of Automation Solutions

June 1, 2023

Via: Bank Director

Common and current inefficiencies include relying on manual reports created in spreadsheets across multiple systems, using email or word processing to capture and document approvals and serve as a system of record and inconsistent procedures across business functions. A digital-first […]


Capital and Risk, Operational

Executive panel: key banking cybersecurity developments for 2023

March 6, 2023

Via: FinTech Futures

1. Artificial intelligence (AI) and machine learning (ML) As cybercrime continues to become more sophisticated, banks are adopting technologies that can keep up with the threats. AI and ML are among those technologies that are playing an important role in […]


Activity, Capital and Risk, Operational, Retail Banking

Building a future-ready bank

January 25, 2023

Via: FinTech Futures

Will it be tokenisation? The metaverse? A new revolutionary payment mechanism? Or something else more abstract? The opportunities are endless… but one concept dominates the retail banking world and continues to be discussed year in year out: how can banks […]


Capital and Risk, Operational

What’s Embedded Banking and Why Does It Matter?

December 23, 2022

Via: Bank Director

The financial technology industry is notorious for its ever-changing nature. Silicon Valley’s breakneck pace is enough to make some industry veterans’ heads spin. Advancements in technology and changes in economic incentives can create ripple effects that shift the entire fintech […]


Activity, Corporate Banking

Visa to invest $1bn in Africa to boost digital transformation

December 15, 2022

Via: FinTech Futures

The announcement was made by Visa chairman and CEO Alfred Kelly, Jr. at the US-Africa Business Forum, alongside the US-Africa Leaders Summit in Washington DC. Expanding its investment, Visa says, will enable “greater access” to digital payments, which will further […]


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Payments will evolve with digital banking

December 9, 2022

Via: Payments Dive

Today, more than 80% of banking is done online, and nearly 70% of adults make or receive digital payments. People are hungry for the ability to access and use all of their assets on their own terms. With evolving consumer […]


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How to Move Older Customers to Digital Banking Channels

October 28, 2022

Via: Bank Director

The Covid-19 pandemic altered how Americans conduct financial transactions, with many making a permanent shift to digital channels. However, one age group still is a holdout. Baby boomers, ages 58 to 76, didn’t flock to digital channels, especially mobile banking, […]