Digital Banking News

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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Google launches AI voice analytics tool for bank compliance

November 28, 2023

Google partnered with Symphony, a technology firm, to deliver generative AI voice analytics to banks and investment firms to help these businesses track and…

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Santander Bank intros Essential Checking account with no overdraft fees

November 27, 2023

Santander Bank N.A. introduced its Santander Essential Checking account which features no overdraft fees. Instead, it will charge a $4 monthly fee that can be…

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Dwayne 'the Rock' Johnson intros Mighty Oak debit card

November 14, 2023

Acorns, a saving and investing app, partnered with actor Dwayne Johnson to introduce the Might Oak debit card, made from heavy metal Tungsten. The card…

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Zelle begins refunding scam victims by clawing back funds from scammers

November 14, 2023

Zelle, a peer-to-peer payments app owned by seven banks, has begun refunding victims of imposter scams after pressure from regulators. The 2,100 financial…

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BMO intros Financial Progress Hub

November 14, 2023

BMO launched its Real Financial Progress Hub to offer financial advice, tools and resources for customers. It can help customers budget, set goals and connect…

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Regions Bank partners with Self Financial to deliver better credit building

November 10, 2023

Regions Bank partnered with Self Financial Inc. to allow its customers to improve their financial health and credit. In particular, consumer banking customers…

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Eltropy integrates with Portico for advanced credit union member engagement

November 9, 2023

Eltropy, a digital conversations platform for financial institutions, integrated Fiserv's Portico account processing platform. With this integration, Eltropy…

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American Express delivers checking account with rewards to small businesses

November 8, 2023

American Express recently unveiled its Business Checking account for all eligible small businesses in the U.S., which offers no fees, 24/7 assistance and…

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Customers see delay in direct deposits due to ACH error

November 7, 2023

Customers reported a delay in their direct deposits after an error with the Automated Clearing House on Nov. 3. Some customers still haven't received their…

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Hyosung Innovue appoints chief revenue officer

November 1, 2023

Hyosung Innovue appointed Nancy Daniels as its first chief revenue officer. Prior to joining Hyosung, Daniels served as managing member and operating partner…

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