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Digital Transformation in Banking News

Digital Transformation in Banking by Essentials is the daily digest that only curates the most insightful news from trusted experts in the industry of online banking. Discover all the latest in digital banking trends, find out what's in store for the future of fintech, and much more.

Top news of the week: 30.06.2022.

#fintech
#banking
#billion
#finserv
#VC
#FinancialIT
#AI
#openbanking
#blog
#DeepLearning

@cgledhill shared
On Jun 28, 2022
RT @JimMarous: Is Your Bank Prepared for the Engagement Banking Revolution? https://t.co/Jta5eS5qt4 #banking #fintech @RAlexJimenez @ipfconline1 @SpirosMargaris @rshevlin @thepsironi @psb_dc @jblefevre60 @cgledhill @HaroldSinnott @enricomolinari @DeepLearn007 @BrianRoemmele @KirkDBorne https://t.co/W1c2s9noJz
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Be Prepared for the Engagement Banking Revolution

Be Prepared for the Engagement Banking Revolution

The importance of customer engagement in banking has moved to creating exceptional banking engagement opportunities.

@JimMarous shared
On Jun 29, 2022
RT @SpirosMargaris: Digital-only banks have 1 #billion customers, but few break even https://t.co/Q4XqqfHdXR #fintech #finserv #banking #VC @WealthProCA @psb_dc @JimMarous @RAlexJimenez @andi_staub @cgledhill @Visible_Banking @Xbond49 @helene_wpli @efipm @UrsBolt @NeiraOsci @BrettKing @jaypalter https://t.co/JpGhTFgF8O
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Digital-only banks have 1 billion customers, but few break even

Digital-only banks have 1 billion customers, but few break even

Meanwhile, North America is showing strong growth in open banking and open finance

@leimer shared
On Jun 26, 2022
4 Artificial Intelligence trends noticed in the Banking sector https://t.co/IYbmYXpFbb
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4 Artificial Intelligence trends noticed in the Banking sector

4 Artificial Intelligence trends noticed in the Banking sector

Artificial Intelligence (AI) has been around for a long time. AI was first conceptualized in 1955 as a branch of Computer Science and focused

@FINTECHCircle shared
On Jun 24, 2022
🗞️ @TheBeanstalkApp has raised over £650,000 via the @Seedrs equity crowdfunding platform 🗞️ 🚀 The funds raised will enable Beanstalk to help more families Read More 👉 https://t.co/GiO6DLrAu3 #fintech #financialservices #startups #scaleups #funding #investing #SMEs
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Fintech Beanstalk Exceeds £650,000 Crowdfunding Target to Help More Families Save for Their Kids’ Future

Fintech Beanstalk Exceeds £650,000 Crowdfunding Target to Help More Families Save for Their Kids’ Future

Beanstalk, the family app that invests for your kids, has exceeded its crowdfunding target with new investments taking the company into overfunding ahead of the funding round closing on 29 ...

@JimMarous shared
On Jun 27, 2022
How to Meet Increasing Digital Banking Expectations https://t.co/ocwmy4Xx10 #banking #fintech #CX #AI @ipfconline1 @rshevlin @SpirosMargaris @pierrepinna @jblefevre60 @Xbond49 @cgledhill @HaroldSinnott @enricomolinari @KirkDBorne @mi_jim @RAlexJimenez @psb_dc @DeepLearn007 https://t.co/Pju2vZDYCr
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How to Meet Increasing Digital Banking Expectations

How to Meet Increasing Digital Banking Expectations

Banking customers expect their financial institution to know them, provide easy and transparent services and to use data and analytics to anticipate their personalized needs.

@financialit_net shared
On Jun 28, 2022
@HLInvest Moves into Open Banking with Ecospend. Read more: https://t.co/tOupYr4P5z #banking #openbanking #partnership #FinancialIT
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Hargreaves Lansdown Moves into Open Banking with Ecospend

Hargreaves Lansdown Moves into Open Banking with Ecospend

Hargreaves Lansdown (HL) has selected Ecospend, the UK’s leading Open Banking provider, to provide a “pay by bank” service for its clients. Ecospend’s solution will allow HL’s clients to ...

@bitcoinagile shared
On Jun 27, 2022
Suncorp Says Reviewing Strategic Options for Banking Unit #banking #market #stockmarket #hedgefunds #stocks #options #crypto #spy https://t.co/UB1t2WPQMj https://t.co/nPGHsSqcKM
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Suncorp Says Reviewing Strategic Options for Banking Unit

Suncorp Says Reviewing Strategic Options for Banking Unit

By Alice Uribe SYDNEY--Suncorp Group Ltd. said it is reviewing strategic options for its banking business after a report in the Australian Financial Review...

@financialit_net shared
On Jun 27, 2022
The Human Element of Open Banking in the EU. Read the full blog: https://t.co/Au76HcyA8U @token_io #blog #openbanking #FinancialIT
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The Human Element of Open Banking in the EU

The Human Element of Open Banking in the EU

Driven by two complementary, powerful forces - innovation and regulation - open banking is proving to be a seismic shift for payments across Europe.