Digital Banking News

Bank of America now holds nearly 6,600 patents

March 14, 2024

Bank of America announced its patent portfolio has grown to nearly 6,600 granted and pending patent applications. This is an increase of 70% since 2019 and 13…

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Hong Kong central bank starts regulatory sandbox for stablecoins

March 12, 2024

The Hong Kong Monetary Authority, a central bank, introduced a regulatory sandbox to allow stablecoin issuers to test stablecoins without penalties. This is…

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High Plains Bank selects Jack Henry to support Spanish-speaking customers

March 12, 2024

High Plains Bank, based in Colorado, selected Jack Henry to improve its website and digital banking platform with Spanish-language options for the state's…

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Pulsate integrates mobile banking engagement solution with Jack Henry

March 5, 2024

Pulsate, a mobile engagement solutions provider for banks, has integrated its solution on the Jack Henry digital banking platform. Pulsate uses the Banno…

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US Financial Services Committee approvals resolution to overturn SEC crypto guideline for banks

March 1, 2024

The U.S. House Financial Services Committee approved a resolution that would overturn the Securities and Exchange Commission's Staff Accounting Bulletin No.

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FAB&T intros Prime Checking account with balance cap of $100K

February 26, 2024

First Arkansas Bank & Trust introduced its Prime Checking Account, which has a balance cap of $100,000 to allow customers to earn more interests without…

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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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