Digital Banking News
Bank of America saw 23.4B digital interactions in 2023
February 23, 2024
Bank of America saw more than 23.4 billion digital interactions on its platforms in 2023, an 11% increase year-over-year. These included 10.6 billion proactive…
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Capital One inks $35B acquisition deal with Discover
February 22, 2024
Capital One will acquire Discover Financial Services for approximately $35 billion. Discover Financial stockholders will receive shares valued at around $140…
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Bank of America launches partnership with Starbucks
February 22, 2024
Bank of America has partnered with Starbucks to link its cardholders to Starbucks Rewards. With this partnership, members can earn 2% cash back on top of…
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Citi selects ChargeAfter for payment products
February 21, 2024
Citi Retail Services, a retail payments and credit solution provider, selected ChargeAfter for its Citi Pay products, such as credit and Installment loans.
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Nepal Clearing House selects ACI for interoperable card-based payments
February 19, 2024
Nepal Clearing House selected ACI Worldwide for its Enterprise Payments Platform to create and manage a National Payment Switch. This service will include…
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Bank of America sees growth in employee banking program
February 16, 2024
Bank of America announced more than 450 corporate and commercial customers have enrolled in its Employee Banking and Investing program, which now offers almost…
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Union Bank selects Baker Hill for consumer loan origination
February 12, 2024
Union Bank, based in Vermont and New Hampshire, has partnered with fintech Baker Hill to leverage its NextGen solution for consumer lending and TruStage…
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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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