digital banking
Banking without branches
Digital banking is conducting financial transactions and managing accounts through electronic channels—websites, apps, and automated systems—rather than visiting physical bank branches.
It encompasses checking balances, transferring funds, paying bills, and depositing checks by phone.
Some banks operate entirely online with no brick-and-mortar locations: I switched to digital banking and haven't been inside a bank in years.
- instant transferMovement without time lag
- payment gatewaysSystems processing online purchases
- transactionExchange of goods/money
- neobankBranchless digital financial institution
- fintechTech-driven monetary services
two-factor authentication · accessibility features · push notification · encryption algorithms · blockchain technology · deposit · checking account · biometric verification · payment systems · ATM · contactless · robo-advisor · loans · wallet · cloud computing · mortgage · payment · password
- bankingbanks, ATM, ATMs, account, accounts
- ScandinaviaNorway, Sweden, Denmark, Finland, Iceland
- Banking servicesloans, mortgages, credit cards, savings accounts, checking accounts
- digital economye-commerce, online shopping, online marketplace, mobile commerce, mobile payments
- fintechfintech, mobile payment, online banks, mobile payments, payment processing
- tech industriessoftware, e-commerce, social media, streaming, gaming