Digital Banking News

Digital bank Timo earns $20M in funding

January 11, 2022

Timo, the first digital bank in Vietnam, has completed a $20 million round of funding led by global investment firm Square Peg. Timo offers…

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Bank of America to cut non-sufficient funds fees, reduce overdraft fees

January 11, 2022

Bank of America has announced it will eliminate non-sufficient funds fees in February and will reduce overdraft fees from $35 to $10 in May. It will also get…

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Extraco Banks intros Agent IQ's digital assistant, chat service for customers

January 10, 2022

Extraco Banks, based in central Texas, has deployed Agent IQ's Lynq digital assistant and chat service. With this tool, Extraco can improve communication and…

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Fintech startup Almond Finance earns $2M in funding round

January 7, 2022

Almond Finance, a fintech company that offers a blockchain-based funds transfer infrastructure, has earned $2 million in a funding round. The company plans to…

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Blockchain.com intros crypto trading in Kansas

January 4, 2022

Blockchain.com, a cryptocurrency platform, has introduced its Wallet and Exchange to Kansas residents to enable crypto trading, according to a press release.

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Jax Federal Credit Union selects Scienaptic AI for credit decisioning, member experience

January 3, 2022

Jax Federal Credit Union, based in Northeast Florida, has selected Scienaptic AI to deliver its AI-powered platform to improve its credit decisioning and…

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Finzly delivers cannabis financial services company to Lead Bank's banking-as-a-service solution

January 3, 2022

Finzly, a fintech company, has announced that PointChain, a financial services provider for the cannabis industry, is now live on Lead Bank's…

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Citi adds account authentication, real time payments to bill-payments platform

December 30, 2021

Citi's Treasury and Trade Solutions has added Citi Verify, an account verification tool and electronic-bill distribution capabilities through Request for Pay…

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Mogo receives approval for stock-trading solution

December 29, 2021

Mogo, a digital payments and fintech company, has received approval from the Investment Industry Regulatory Organization of Canada to launch MogoTrade, its…

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PayBito intros crypto-loans

December 28, 2021

PayBito, a crypto assets exchange has announced its clients may now get a loan backed by their crypto collateral. With this loan, customers can gain additional…

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BankProv partners with CrossTower to offer bitcoin mining financing

December 23, 2021

BankProv, a commercial bank, has partnered with CrossTower, a trading platform and digital asset investment firm, to offer equipment financing for bitcoin…

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Chase study finds customers are increasingly adopting digital banking

December 22, 2021

Customers are increasingly embracing digital banking, with 73% claiming they use it once a week or more, according to JP Morgan Chase's digital banking…

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Chase to open flagship branch in downtown LA

December 21, 2021

Chase recently celebrated the opening of its flagship retail branch in downtown Los Angeles at LA Live, an entertainment destination. This branch will feature…

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Axletree partners with Roxe for cross-border blockchain payments

December 20, 2021

Axletree Solutions, a bank connectivity solutions provider, has partnered with Roxe, an open-global payment network to deliver cross-border payments with…

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Greenshades Software partners with Branch to offer zero-fee bank account

December 17, 2021

Greenshades Software, a payroll, HR and compliance solutions provider, has partnered with Branch, a workforce payments platform to provide a zero-fee bank…

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Chase, Air Canada intro Aeroplan World Elite Mastercard

December 17, 2021

Chase recently partnered with Air Canada to launch the Chase Aeroplan World Elite Mastercard credit card. With this card, U.S. members can earn Aeroplan points…

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PayU receives patent for payments routing and approval tech

December 14, 2021

PayU, the fintech and e-payments arm of Prosus, has received a patent for its payments routing and approval technology. With this patent, PayU aims to position…

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Glia appoints COO

December 9, 2021

Glia, a provider of digital customer service for financial institutions, has appointed Jeremy Smith to serve as its COO. Prior to joining Glia, he served as…

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Black-owned fintech Novae intros online banking for unbanked

December 6, 2021

Novae LLC, a Black-owned fintech, has introduced online banking specifically for the unbanked and underbanked. The service offers virtual and physical debit…

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Shastic launches mortgage app on Finestra's FusionStore

December 6, 2021

Shastic, a robotic-process-automation platform provider for banking, has announced its Elle app is available for purchase on the open fintech platform…

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