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In Brazil, Banking Customers Turn To Debit, Digital Banking

PYMNTS

These shifts have made digital banking and debit transactions more important than ever. Indian FI Paytm launched virtual and contactless plastic debit cards to help customers circumvent using cash or having to hand over physical cards to retailers. Pandemic Puts Digital Banking in the Spotlight.

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Discover to focus on integrated digital banking model in 2024

BankInovation

Discover Financial Services invested in its integrated digital banking model, risk management, analytics and compliance initiatives in 2023 and expects to continue those efforts this year.

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Lumin, Interra Credit Union Team On CU's Digital Banking Solution

PYMNTS

Lumin Digital ’s cloud-native platform will deliver banking solutions to Interra Credit Union ’s (Interra) 50,000-plus retail and business members, the companies said in a statement on Tuesday (Oct. Interra signed a multi-year agreement with Lumin Digital and anticipates it will be on the platform by May 2021. “We

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Prospects for More De Novo Digital Banks Come Into Clearer Focus

Bank Innovation

Digital ones, that is. New data shows that consumers -- and financial institutions -- are more inclined toward greenfield digital banks. In a recent survey by Fiserv, 86% of respondents said they would consider leaving their bank, if they could not easily manage their accounts online.

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Singtel, Grab Team Up To Launch Digital Bank In Singapore

PYMNTS

Singtel and Grab are looking to consolidate their powers to create a new digital bank for the people of Singapore, they announced in a press release. The bank will be able to serve retail customers, lend money and take deposits, along with other online banking functions.

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Retail's Digital Shift, SPACs, And DoorDash's IPO Plans Top This Week's News

PYMNTS

Here’s how he sees the digital-first restaurant landscape shaking out. New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). Not only have retail sales shifted online, but more consumers are buying more of what they want directly from the brand. Trackers and Reports.

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Making A Sizzling Leap Into Digital Banking

PYMNTS

The LendingClub announcement follows the news that mobile bank Varo received approval from U.S. regulators to secure a national bank charter, in turn clearing the runway for the entity to accept consumer deposits. Double-digit growth in eCommerce is expected to continue, as the retailer sees 30 percent gains in the current fiscal year.