Sentence examples for digital banks from inspiring English sources

The branches have been remade as digital banks, with touch-screen work stations and videoconferencing links to financial experts.

If digital banks start to mimic conventional lenders and make loans that exceed the amount of deposits they keep on hand, the system will become prone to runs.

"Truly digital banks... won't need to sustain a network of physical branches," Jenkins said, adding that they could provide a much more personal service.

They are the new breed of digital banks for people who live on their smartphones and want something that looks more like Netflix than NatWest.

The race to launch a new generation of digital banks comes 15 years after Prudential and Halifax launched ambitious internet-based banks Egg and Intelligent Finance – both of which have largely disappeared without trace.

But the savings they achieved by eschewing bricks and mortar were not enough to pay for such enticing offerings; they also had to invest in high-risk assets that blew up during the financial crisis.Technological advances make the third wave of digital banks look more sustainable.

But for consumers, there may be as many caveats as there are advantages to digital banking.

Here's Money's guide to who's who in the world of digital banking.

The cheapest cellphone today has enough computing power to become a digital "mattress" and digital bank for the poor.

Staley told employees there would be a focus on personal, corporate and digital banking, as well as Africa, and Barclaycard.

The coming-out for the application included a press release announcing the "new standard for digital banking" with a "one-of-a-kind app".