Digital Banking News

Grupo Financiero Banorte intros digital bank in Mexico with ATM access

February 7, 2024

Grupo Financiero Banorte, a Mexican bank, has introduced bineo, a digital bank, authorized by the National Banking and Securities Commission. With this bank…

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Latino Community Credit Union selects Jack Henry for digital transformation

January 26, 2024

Latino Community Credit Union, based in Durham, North Carolina, selected Jack Henry to support its digital banking efforts. The credit union aims to provide…

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Varo Bank unveils free tax filing app

January 25, 2024

Varo Bank unveiled a free tax filing service, Column Tax, through its app which allows users to file in less than 15 minutes. In addition, customers who file…

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Regions Bank to provide disaster recovery services following tornados in the South

January 23, 2024

Regions Bank announced a series of services for individuals and businesses impacted by the Jan. 9 tornados in Florida, Alabama, Georgia and South Carolina. In…

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Backbase partners with Dankse Bank to improve digital banking

January 19, 2024

Backbase, an engagement banking platform, partnered with Danske Bank, based in Denmark, to provide its Engagement Banking Platform to Dankse Bank's customers…

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ICICI Bank Canada intros mobile banking remittance app

January 18, 2024

ICICI Bank Canada, a subsidiary of ICICI Bank Ltd., has launched the app Money2India, which allows customers of any Canadian bank to send money to any bank in…

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Bellco Credit Union partners with Economic Literacy Colorado for financial education

January 16, 2024

Bellco Credit Union partnered with Economic Literacy Colorado to launch a FUNancial $marts activity book for high school students on money management. Bellco…

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Regions Bank intros women financial health program

January 10, 2024

Regions Bank introduced its Women + Wealth financial health program. It will provide personal guidance to women with their financial journeys, according to a…

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Bitcoin ETF managers await SEC ruling, following social media hack

January 10, 2024

Asset managers are hopeful that the Securities and Exchange Commission will approve trading of bitcoin exchanged-traded funds. However, on Jan. 9, someone…

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Ex-police officer makes $12M with ATM side business

January 5, 2024

Paul Alex, a former police officer in San Francisco, made $12 million dollars after starting an ATM side job in 2018. He first entered this space after…

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Bank of Baroda intros savings account for students

January 2, 2024

Bank of Baroda, based in India, released the bob BRO Savings Account for students from 16- to 25-years old. The account has no minimum balance requirement and…

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Hyperion Bank intros CD promotion with 5.65% APY

December 21, 2023

Hyperion Bank introduced a limited-time certificate of deposit promotion with a 5.65% annual percent yield for 15 months. It is available for new funds…

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Stefanini Group partners with FlowX AI to improve digital banking

December 18, 2023

Stefanini Group, a technology company, partnered with FlowX.AI to improve digital banking for European banks. In particular, FlowX.AI offers…

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Citizens intros sustainably manufactured Mastercard debit card

December 15, 2023

Citizens Financial Group Inc. introduced Citizen Bank N.A.'s sustainably manufactured Mastercard debit and ATM card. The cards are made with 90% recycled PVC…

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PayTab intros card issuing solution

December 14, 2023

PayTag Groups, a payments solutions company, unveiled its prepaid card issuing solution PayTabs Issuance. With this tool, banks, retailers and other companies…

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Majority of consumers want GenAI in banking with oversight

December 12, 2023

A majority (71%) of American customers are nervous about generative AI, but 58% of them would be comfortable with their banks using the technology under…

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Bluevine gains more than $1B in small business deposits

December 12, 2023

Bluevine, a digital banking platform, now has more than $1 billion in managed deposits by its small business banking customers. This has been largely driven by…

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Neo Financial intros 4% interest savings account

December 11, 2023

Neo Financial, a Canadian fintech company, introduced its 4% Neo High-Interest Savings account with no minimum deposits. The account also features digital…

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Atlantic Union Bank to pay $6.2M in fees due to overdraft practices

December 8, 2023

Atlantic Union Bank settled an investigation by the Consumer Financial Protection Bureau in relation to its policies from 2017 to 2020 with its Opt-in…

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Bank of America intros car shopping digital tools

December 1, 2023

Bank of America introduced tools for customers looking to purchase and finance a car. Customers can get prequalified for financing without impacting their…

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