article thumbnail

Digital banking? Isn’t that just an app?

Chris Skinner

I meet a lot of senior executive teams of large banks. I talk to them about the fintech world of change and how millennials are reshaping banking, from Stripe, started by two … The post Digital banking? Some are visionary, many are committed and a large number understand that life is changing.

article thumbnail

Digital banks have fast and regular communication

Chris Skinner

A further aspect of the digital banks I am talking with is that they have reviews all the time. Not formal reviews, but fast meetings with the business people, designers, developers and even audit and compliance all around the table.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Digital Banking Metrics: Adoption, Usage, and Impact of Digital on Banks and Credit Unions

Gonzobanker

Digital metrics at banks and credit unions are not all trending up and to the right. A new report on digital banking metrics and the impact that digital banking is having on banks reveals some positive developments, but also a host of troubling trends that should give bank executives cause for concern.

article thumbnail

The role of ATMs and cash access in the digital banking era

Payments Dive

Amid rapid changes in the cash economy and the rise in digital payments, the ATM is likewise facing challenges that have led to an evolution that will meet the demands of a new generation of customers.

ATM 485
article thumbnail

Wells Fargo On Why First Impressions Are Key In Digital Banking

PYMNTS

Bank branches are either closing outright or slashing their business hours to help customers maintain social distancing guidelines — but fortunately, the growing familiarity of digital banking has allowed customers to meet their financial needs online and has kept financial institutions (FIs) in business.

article thumbnail

The Race To The Cloud: Will Digital Banks Win?

PYMNTS

Crafting the seamlessness customers want means FIs are overhauling their digital infrastructures to enable access to fast, interactive and engaging banking experiences. The bank is working with technology giants Google and Microsoft to create new cloud-based tools that will use their cloud computing software. About The Tracker.

article thumbnail

Grab, Sea And Ant Chosen To Receive Digital Banking Licenses In Singapore 

PYMNTS

4) chose four firms to receive digital banking licenses, including “digital full bank” licenses for Singapore-based Sea Ltd. to receive “digital wholesale bank” licenses. to receive “digital wholesale bank” licenses. MAS expects the new digital banks to commence operations in early 2022.