digital banking

Why Members Need Digital Banking Services

Three billion. That’s more than a third of the world’s population. It’s also the number of people who will have access to mobile banking services by 2021, according to a study from Deloitte.

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4 Out of 5 People Who Use Digital Banks Would Switch to Amazon

Nearly two-thirds of U.S. consumers are thinking about opening a new savings account, and about half of them (47) say they would be comfortable with an online-only provider like Ally, Discover or Synchrony, according to a survey conducted by the Consumer Bankers Association and Novantas.

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Behavioral Biometrics – Securing Digital Banking Without Compromising on User Experience

Digital banking has grown rapidly in recent years. Juniper Research forecasts that by 2021, one out of every two adults in the world will use a smartphone, tablet, PC or smartwatch to access financial services.

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15 Ways Digital Banking Drives Revenue Growth

Increased use of smartphones and superior digital apps are driving the increase of digital banking. Digital banking is traditional banking activities and programs that customers were only able to do inside a bank are done online.

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Digital Technology: A Source of Confidence, Resilience and Loyalty?

By Ross Hignett, Head of Banking and Financial Services, Expleo UK Global spend on IT by financial services was $440 billion in 2018, and this outlay is expected to rise to $ 500 billion by 2021. Indeed, banking and financial services are often held up as early adopters of digital transformation, compared to other slower-moving […]

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Taiwan Issues Three Digital Banking Licences

In a first for the island, Taiwan’s Financial Supervisory Commission has issued virtual banking licences to three consortiums – the latest development in the battle between Asian internet firms and the region’s legacy banks for a stronghold over consumer finances.

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Digital Banking Growth Is No Longer Guaranteed

Subscribe to The Financial Brand via email for FREEWith an expansion of smartphone usage and enhanced digital applications across industries, it is not surprising that the majority of consumers prefer to interact with their primary financial organization via online and mobile channels.

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Five Digital Banking Licenses Are Slated to Be Issued. Should Singapore Banks Worry?

The latest news on digital banking is that the Monetary Authority of Singapore (MAS) has decided to issue up to a maximum of five digital banking licenses, comprising up to two full-bank licenses and three digital wholesale bank licenses.

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b.yond | Better Banking – The Engine Room of Innovation for Fintechs and Next-gen Digital Banks

Introducing b.yond b.yond ecosystem Making the complex simple withone contract + one ecosystem b.yond eliminates the complexities associated with launching a payment value proposition with speed to market by providing one aggregated service offering and one simplified commercial agreement.

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The Exciting Unintended Consequences of Digital Banking in 2019 and Beyond, by Theodora Lau

What might digital banking unleash? Are we becoming more exclusionary as we march down the path toward completely digital banking? The debate around cash has been heating up lately.

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Digital Banking Expectations and Millennials

Disruption, especially within technology is often an overused phrase. However, when applied to the world of financial services, there can be little doubt that this sector is being profoundly disrupted thanks to technology.

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Three Ways Digital-Only Bank Brands Boost Revenue

By David Mitchell Digital, standalone bank brands are rapidly entering the U.S. marketplace following the success of Simple, launched by BBVA Compass in 2009. Since then, several large banks have followed, including JPMorgan Chase with Finn and Wells Fargo with Greenhouse-and with good reason.

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