784 articles tagged with this keyword
News/retail
Following a Covid-19-related pause, Lloyds Banking Group has resumed plans to close 56 branches across its network, affecting 160 jobs.
18 November 2020
Santander is planning to cut 4000 jobs and close up to 1000 branches in its home market of Spain, according to Reuters.
13 November 2020
News/payments
As Sibos 2020 continues, we look back to some of the predictions and forecasts made in 2010 and pick through what other lessons can be learnt from the post-financial crisis world to inform strategy in the not dissimilar economic environment of today.
06 October 2020
TSB is to shutter a third of its branch network and layoff 900 staff, citing a shift in customer behviour as users shun the high street in favour of remote banking services.
30 September 2020
Pop-up post offices, purchase-free in-store cash back and a financial hub inside a church are among the ideas being tested to help communities across the UK retain free access to cash.
23 September 2020
Deutsche Bank is set to close 100 of its 500 German branches as it seeks to cut costs by taking advantage of customer migration to digital channels, which has accelerated during the Covid-19 pandemic.
22 September 2020
News/devops
Standard Chartered has announced the official opening of its virtual bank in Hong Kong
Sweden's largest bank, Sevnska Handelsbanken, is downsizing its branch network and workforce while vowing to invest SEK1 billion in IT over the next two years.
16 September 2020
The UK's Financial Conduct Authority has warned banks that every time they plan to close a branch or ATM they will need to provide an analysis of the impact on customers' access to cash.
14 September 2020
News/security
The Banking Protocol, a UK-wide scheme that enables bank branch staff to alert their local police force when they suspect a customer is being scammed, it to be extended to cover attempted bank transfers made by customers through telephone and online banking.
09 September 2020
Chilean bank BancoEstado closed all of its branches on Monday in response to a ransomware attack over the weekend.
08 September 2020
The UK's Co-operative Bank is to shed 350 jobs and close 18 branches in a bid to cut costs in the face of the ongoing Coronavirus pandemic and low base rates.
25 August 2020
Credit Suisse is to close 37 retail branches in Switzerland as part of restructuring programme driven by a surge in online and mobile banking during the pandemic.
News/people
British bank TSB is to phase out 929 pure play cashier roles at its branch network in response to a steep decline in customer footfall during the pandemic.
11 August 2020
Westpac is implementing new scam-detection technology across its branch network to protect against a spike in fraudulent transactions since the start of the Covid-19 pandemic.
10 August 2020
NAB is adjusting its regional branch model, cutting operating hours for over-the-counter services to mornings only and redeploying staff to online and video chat in the afternoons.
04 August 2020
News/regulation
The Financial Conduct Authority has made it clear to banks that maintaining access to cash in local communities remains a regulatory priority that the industry should take on board when making decisions on the future of their branches and ATMs.
16 July 2020
News/cloud
Westpac is rolling out fibre optic network technology across all of its branches in an initiative to boost download speeds for customers and improve video-conferencing connectivity.
15 July 2020
KBC is to convert 37 branches to self-service only and close an additional 39 outlets following a sharp rise in uptake of remote and digital alternatives during the Coronavirus pandemic.
01 July 2020
Even as it begins to gradually bring employees back to offices, Westpac says that the Covid-19 pandemic will lead to a long-term shift to working from home.
17 June 2020
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.