Online Banking

This community is for discussion of developments in the e-banking world, including mobile banking. This can include all the functional, business, technical, marketing, web site design, security and other related topics of Internet Banking segment, including public websites of the banks and financial institutions across the globe.

Steve Morgan Banking Industry Market Lead at Pegasystems

How banks can thrive in the era of frictionless banking

Today’s consumers have a propensity for laziness, or to put it more positively… ease and immediacy! But who can blame us? Technology now allows people to bank on their phone instead of visiting a branch, with a most transactions being possible without needing to leave the sofa. So, to survive and thrive, what is the next step that banks must take ...

13 March 2020 /retail

Retired Member 

3 Advantages of Online Banking over Mobile banking

These days, Mobile apps seem to be the go-to Banking channel. Payments, Onboarding, and even Advertising takes a mobile-first appraoch. In my previous blog, I explored Why Online Banking is Still Relevant in 2019? Thanks to the Finextra community for the interesting comments on that. Here I try and list down a few advantages of Online Banking ove...

24 October 2019 /retail

Retired Member 

The curious case of Online Banking

Are mobile apps making online banking obsolete? Statistics paint a different narrative. Today, we live in an extremely connected-world; one in which smartphones are near-ubiquitous, and access-to-internet is considered an essential-service. Almost all digitally-active individuals of the banking-population seem to own and use a smartphone. So, in t

16 October 2019

Konstantin Rabin Head of Marketing at Kontomatik

Could banks become redundant in the future?

After so much development in the Fintech space due to the progression of “private banks” all over the digital world, many entrepreneurs have started to base their Fintech startups on the premise that banks will soon stop to exist in our lives. Well, considering the fact that most of the world’s population is still heavily involved in banking and is...

16 October 2019 /inclusion

Andrew Stevens Global banking and financial services specialist at Quadient

Extinction, or revolution: has the time come for banks to move away from dedicated apps?

Mobile banking applications have become a common resource for customers over the past decade, from checking balances to transferring money between accounts and setting up new payments. The boom in digital-first challenger banks such as Monzo has seen high-street banks roll out new app features to compete and keep pace with customer trends. With f...

15 August 2019

Retired Member 

Should security be left to the customer?

At the beginning of every year for the last decade or so, a list of the most used passwords is released. At the top of this list are passwords like “123456” and “12345678”. The biggest thing I’ve taken away from this, is that the average person is not well versed enough in cyber security to be responsible for choosing their own password. This migh...

04 April 2019 /security

Retired Member 

Not All 2FA Are Made Equal

As we start to see account hacking and data leakage appear more and more in the media, the rise and need for two Factor Authentication, or 2FA, is inevitable if businesses want to retain their customers’ trust. 2FA only denotes the number of factors required to confirm an identity. Often the first factor is a classic password; the type we forget, s...

12 February 2019 /security

Retired Member 

Deeper into Digital Identity - Ownership and Control

Another dive into digital identity, following on from two other pieces that aimed to define digital identity itself, and shed light on the importance surrounding the enrolment process. What I want to cover in this short article is the necessity for the individual attached to the digital identity to be the one in control, and to have physical owner...

12 February 2019 /security /retail

Retired Member 

Deeper into Digital Identity - Enrolment

In my last article I tried to quickly define “digital identity” and point out important aspects to consider when implementing a national digital identity. I also looked to highlight just a few of the benefits that can be drawn from such a platform. One short article couldn’t possibly do this topic justice, so with this piece, I wanted to dig a bit...

12 February 2019 /security /retail

Retired Member 

What we mean by Digital Identity

There are two different ways to look at an individual’s digital identity. One way would be to consider the online personas we create on social media; often comparable to the real-world characters that we play, compiled of our actions, relationships, possessions, accomplishments, etc. The other kind of digital identities we create are used for onli...

12 February 2019 /security