Digital Banking

Digital Banking refers to the comprehensive digitization of all traditional banking activities and services that historically were only available to customers in person at bank branches. This includes the use of online platforms, mobile applications, and other electronic services that allow customers to conduct financial transactions and manage their bank accounts without the need for physical branch visits.

Typical features of digital banking include online account management, electronic funds transfers, bill payments, mobile check deposits, and access to banking services via smartphones and computers. Digital banking aims to enhance customer convenience, providing users with 24/7 access to their financial information and services. As technology evolves, digital banking often incorporates advanced security measures, personalized financial advice, and integration with other financial technologies, providing a seamless banking experience tailored to individual customer needs.