June 14, 2025

Digital banking

Banking

Innovating India’s Banking Future: Finnovate Hackathon Paves the Way for Language-Driven Financial Inclusion

The Indian finance and banking sector is experiencing a phenomenal change. Accelerated digitisation, the emergence of fintech start-ups, and increasing customer expectations are revolutionising the way the financial sector works. With this change comes an unprecedented set of challenges—especially in a nation as linguistically and digitally diverse as India. Language remains one of the biggest

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Banking

Leading U.S. Digital Small Business Banking Providers Report

Q2 recognized for client satisfaction and retention, strength in supporting small businesses across their entire growth journey, and reliability AUSTIN, Texas, June 11, 2025–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for financial services, today announced it has been recognized as a market leader in the 2025 Datos Matrix: Leading U.S.

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Banking

Frontier Credit Union Selects Lumin Digital to Elevate Digital Banking Experience

SAN RAMON, Calif., June 3, 2025 /PRNewswire/ — Frontier Credit Union, located in Idaho Falls, ID, today announced it has selected leading cloud-native digital banking provider, Lumin Digital, as its new digital banking solution. This partnership enables Frontier to enhance its digital experience and deliver innovative, secure, and member-centric financial services. Lumin Digital (PRNewsfoto/Lumin Digital)

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Banking

Digital banking startup Chime aims for $9.5 billion valuation in IPO

Digital banking startup Chime said on Monday it would be targeting a $9.5 billion U.S. IPO in the biggest listing in United States since the announcement of President Donald Trump’s sweeping tariffs. While Chime is offering 25.9 million shares in the offering, other shareholders like the venture capital firm Cathay Innovation are putting up 6.1

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Banking

RBI annual report 2025: How it reveals the changing risks to digital trust in Indian banking

India’s banking ecosystem stands at a critical inflection point. What began as a national mission to expand financial access has now matured into a comprehensive digital transformation. Biometric authentication, real-time payments, and mobile-first platforms define how millions interact with financial services—especially younger, mobile-native demographics. Yet beneath this momentum lies an equally important imperative: ensuring that

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Banking

Bangladesh Banking Sector Reform 2025 | Reviving Bangladesh’s banking sector: A race against time for innovation and reform

Once a foundation of economic development, Bangladesh’s banking industry is on the verge of becoming its Achilles heel. Crushing non-performing loans (NPLs), poor governance, and stagnant innovation undermine confidence, limit credit expansion, and threaten financial stability. If dramatic changes are not sought, the country may lose one of its main tools for maintaining long-term economic

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Banking

3 Banking stocks under Rs 100 that are breaking out now – Stock Insights News

The Indian stock market witnessed a remarkable rally last week, with the Nifty50 climbing 4.2% following the ceasefire announcement in the India-Pakistan war. Responding positively to the peace deal, investors saw an opportunity to capitalise on improving market sentiment. Defence and PSU stocks saw an impressive uptick, while banking stocks, especially smaller-cap ones, found their

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Banking

Digital banking units fail to touch a chord with customers – Banking & Finance News

By Mahesh Nayak The digital banking unit (DBU) initiative — banks’ attempt to connect with the unbanked and the underbanked population using their digital prowess — largely remains on paper three years since its launch, with banks adding just 25 units to the initial 75. Several bank officials FE spoke to remained sceptical about the

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Banking

Consumers Credit Union Selects Spiral to Empower Personalized Savings and Community Giving Through Everyday Banking

Consumers Credit Union chooses Spiral to empower its members to effortlessly grow their savings and support local nonprofits through everyday purchases. NEW YORK, March 25, 2025–(BUSINESS WIRE)–Spiral, the award-winning personalized banking platform, today announced a partnership with Consumers Credit Union, a leading Michigan-based credit union renowned for its community support and charitable giving. This partnership

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