Digital Banking Platforms

TrustRadius Top Rated for 2023

Top Rated Products

(1-1 of 1)

1
Xoom, a PayPal Service

Xoom, a PayPal Service, is an online money transfer service for quickly sending money internationally.

All Products

(26-50 of 74)

26
FinFlowz
0 reviews

FinFlowz is a digital framework to build use case specific workflows / applications, from Profinch. The framework is built exclusively for the banking, financial services and insurance space and comes with out of the box applications. These apps aim to provide a slingshot to the…

27
Zeller
0 reviews

From EFTPOS to invoicing, accounts and cards, Zeller, headquartered in Melbourne, aims to provide an alternative to business banks. Zeller services include the Zeller Terminal, Zeller Invoices, a Zeller Transaction Account, and the Zeller Debit & Corporate Cards for businesses, as…

28
ONE ZERO BANK
0 reviews

ONE ZERO Digital Private Bank is an independent bank established in Israel, according to the vendor the first in over 40 years. Unlike the existing banks that have added digital channels to their traditional operations, the ONE ZERO Digital Bank is entirely digital, which means…

Explore recently added products

29
C6 Bank
0 reviews

C6 Bank offers a digital corporate account, available for payments and receivables, a corporate credit card, and access to loan services as needed, within a single app.

30
Cora
0 reviews

Cora, headquartered in Sao Paulo, offers a Corporate Digital Account designed to simplify the financial lives of small and medium-sized companies, stating that without bureaucracy and fees, companies will have more freedom to grow.

31
Swap
0 reviews

Swap is a Banking as a Service (BaaS) platform that offers benefits payments and corporate expense integrations. Swap's services include postpaid and prepaid cards, digital accounts, bank transfers, payment of bills, management platforms, among others, distributed in a white label…

32
Green-Got
0 reviews

An online bank that invests the money of its 15,000 customers in projects that exclusively promote the ecological transition. Created in 2019, Green-Got offers bank accounts for businesses. The vendor states that on average, €1,000 in a traditional bank emits 0.5 kg of CO₂e per year…

33
Fi Money
0 reviews

A digital banking solution, Fi Money offers a zero balance savings account that can be opened from anywhere in under 3 minutes. It comes with a zero forex debit card - which means no extra charges on transactions in other currencies. And also, real-time analysis of spends right on…

34
Tweeq
0 reviews

Tweeq offers services that allow individuals and small businesses to make or receive payments, set short or long-term financial goals and manage spending across different categories.

35
SDK.finance Digital Retail Bank

The SDK.finance white-label digital retail banking platform serves as the foundation for building a next-gen neobank or a digital-only bank. Faster time-to-market speed up the release date by using market-ready core software for your bank rather than developing it from scratchSaved…

36
Conta Simples
0 reviews

Conta Simples is an expense management software solution using corporate cards as a management system with the goal of producing more autonomy for the team and more control and time savings for finance teams. The app sends notifications and provides access to all transactions, with…

37
Apiture
0 reviews

Apiture, delivers online and mobile solutions that support banks and credit unions, ranging from small community financial institutions to banks. Apiture’s API banking solution allows users to take control of a digital banking platform with Open Banking technology. Its API-first…

38
Zero
0 reviews

Zero is a digital banking experience that aims to combine the simplicity of a debit card with the cash back of a credit card, from Zero Financial in San Francisco. Zero is powered by a checking account (Zero Checking) to hold money, a credit card (Zerocard) that makes rewards possible,…

39
Nelito FinCraft

Nelito Systems Pvt. Ltd. a group company of DTS Corporation Japan, is an Indian financial technology company. The company is engaged in the business of providing software solutions and services for Banking, Financial Services and Government sectors globally. The company's FinCraft…

40
YAP
0 reviews

A digital banking app featuring spend analytics, virtual cards to maintain safe transactions online, digital money transfers, and fast international transfers.

41
MeridianLink Opening

MeridianLink Opening, formerly known as XpressAccounts, is online account opening software that unifies deposit account opening and funding for all channels and product types. Functionality includes identity verification, OFAC checks, e-signature, switch kits, and core system connectivity.…

42
X Conto by Banca AideXa

X Conto is a digital business account from fintech provider Banca AideXa headquartered in Milan.

43
Azlo
0 reviews

Azlo is presented as an easy, free online banking solution for entrepreneurs and freelancers, from the company of the same name in San Francisco.

44
Vivid Money
0 reviews

Vivid offers a mobile banking app and a distinctive digital investing platform from a single app. Whether it’s payments, transfers, multi-currency accounts, spendings reports, split bills as well as the possibility to invest in international stocks, ETFs, and precious metals. Vivid…

45
NCR VOYIX Digital Banking

Formerly Digital Insight, NCR VOYIX Digital banking is an API-first platform that empowers consumers and businesses to bank how, when and where they want.

46
Banno
0 reviews

Banno is a suite of applications for banks with back office features for providing customer support, and customer facing applications for self-service. Banno is offered by Jack Henry & Associates.

47
SDK.finance Core Banking Software

SDK.finance offers core banking software platform for centralized management of a bank ecosystem that's available with the source code license. By obtaining the source code of the core banking solution by SDK.finance, users are ensured against hidden fees, lengthy updates process,…

48
Quppy
0 reviews

Quppy’s all-in-one, all-digital financial solution aims to combine money, markets, and payments in a way that makes sense and fits in with the future. • Functionality:Quppy allows users to keep cryptocurrency in different accounts within the same wallet and conduct transactions,…

49
SDK.finance Digital Wallet Software Platform

White-Label Digital Wallet Software PlatformSoftware to build a standalone digital wallet on top or add electronic asset accounting functionality to an existing product. The digital wallet platform comes with a source code license. Meaning total independence to customize and modify…

50
CREALOGIX Digital Hub

CREALOGIX Digital Hub enables financial institutions to deliver an integrated customer experience through modular architecture that can be composed into a customized solutions that meet the specific needs of customers, whether in retail banking, business banking, or wealth management.…

Learn More About Digital Banking Platforms

What are Digital Banking Platforms?

Digital banking platforms are financial services that are provided solely online as opposed to online banking which refers to online components of banking systems that also have brick-and-mortar operations (also known as traditional banking). Digital banking relies on process automation and web-based services. In some cases, digital banking solutions also allow for cross-institutional It offers the ability for users to access financial data through desktop, mobile, and ATM services.

Digital Banking Solutions Features & Capabilities

The banking features common to most products in this category are as follows:

  • Standard checking and savings account with competitive interest rates to traditional banking
  • Mobile apps
  • Real-time transaction alerts
  • Digital wallets (cardless/checkless payment systems)
  • Person-to-person payments
  • Remote deposit
  • Financial management tools
  • Deposit insurance
  • Free ATM transactions with participating sister branches
  • Data encryption and compliance with international security regulations

Digital Banking Platform Comparison

When on the market for a digital banking solution, consider these key characteristics when making your shortlist:

  1. Futureproof: Look for a digital banking platform with an emphasis on adapting to the quickly changing landscape of digital banking. This ensures you won't have to switch platforms as new features and capabilities come along.
  2. Security: This may seem like a no-brainer, but ensure your digital banking platform has a reputation for being a secure choice. Make sure certifications are easily found on its main website and that said certifications are from reputable organizations.
  3. Customer service: Given that you won't be able to speak with representatives face-to-face as with traditional banking, make sure your digital banking platform has a strong customer service component. While many of these platforms are designed for self-service, you may still run into some issues, or simply have some questions, that you'll want to be addressed quickly and easily. Customer service contact information should be posted prominently and made easy for you to access.
  4. Integrations: Your digital banking platform should have integration with other third-party finance apps such as digital wallets or even your other financial institutions. Open banking is becoming more common and is a great way to manage your finances across accounts.

Start a Digital Banking Platform comparison

Pricing

As with traditional banking, personal digital banking accounts can be opened for free with no fees. Business accounts can also be opened for free without any annual fees as well, which is a major draw of this category. However, in some cases, for premium features such as financial management and reporting or analysis, there may be associated fees.

Related Categories

Frequently Asked Questions

What are digital banking platforms?

Digital Banking Platforms host financial services solely over the internet, as opposed to online systems operating as extensions of traditional brick-and-mortar banks. They offer users access to financial data through desktop, mobile, and ATM services, frequently utilizing process automation.

How does a digital bank work?

A digital bank is essentially a virtualization of customer needs and requirements offered in a physical bank. Customers will interface with the banking services via software and applications, which will facilitate secure transactions and forwarding data traffic end-to-end to the bank. The bank owns and manages all steps in this process. The physical fundamentals of traditional bank architecture (teller, vault, security etc) are transformed into web services.

What is the difference between digital banking and online banking?

Online banking describes how customers transact with legacy institutions of physical banks, and is more like a service arm of the bank;s suite of products. Typically there is still a need for customers to interface with tellers for more complex issues and financing. Digital banking encapsulates the dynamics of traditional banking into web-based interactions and service integrations. They package the core banking services into as many internet-enabled options as is operationally possible.