Tags Digital banking

Tag: digital banking

Report finds branch-based banking may become obsolete within five years

A report published by Temenos has found that 65% of global banking executives believe branch-based banking will be ‘dead’ within a five-year period.

Bari Bank introduces credit and debit card for children

Italian digital bank Bari Bank has introduced a debit and credit card supplied with pre-set funds for children and teenagers.

Finastra survey finds financial industry see bright future for BaaS

A survey by FinTech giant Finastra has found banking-as-a-service (BaaS) is set to make a substantial impact on financial services over the next 12 months.

EBA report examines operating model for digital and open banking readiness

The Euro Banking Association’s (EBA) Open Banking Working Group has published a report that explores an operating model for banks on their way to digital readiness.

Starling makes app available to children through Kite debit card

Starling Bank has given children aged between 6 and 16 access to an account that will enable them to view their balance and transactions and receive spending notifications.

Novus collaborates with Visa on sustainable digital banking app

UK-based FinTech Novus has teamed with Visa and Railsbank to develop a mobile application that rewards users for purchasing sustainably.

Polaris expands digital footprint with new online banking platform

Nigeran bank Polaris has boosted its digital presence with the launch of VULTe, its new digital bank.

Temenos strengthens money transfer capabilities with Wise alliance

Swiss banking technology firm Temenos will be able to offer money transfers on its platform following an agreement with FinTech juggernaut Wise.

Research finds FinTech apps outperformed banks during pandemic

Research by mobile analytics platform App Annie has discovered mobile FinTech apps outperformed banks by a factor of up to 10.8x during the COVID-19 pandemic.

Milo secures $6m in seed capital

Digital banking and lending startup Milo has netted $6m in seed funding to grow its team and boost innovation.

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