Latest Branch banking News: Finextra Research

Nedbank installs NCR cash machines

Bytes Managed Solutions (“Bytes MS”), the exclusive South African partner of NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, today announced that Nedbank Group, one of the four largest banking groups in South Africa, has selected 250 units of NCR Cash Recycler 11 to significantly increases customer satisfaction by reducing wait times by up to 50 percent and allowing tellers to provide a more personal and efficient service.

03 August 2015

News/Branch banking

Bank branches key to fending off digital challengers - IDC

Digital evangelists predicting the demise of the bank branch could be in for a rude awakening, according to a new study from IDC Financial Insights which pitches the much-derided bricks and mortar outlet as the fulcrum of a healthy bank-to-customer relationship strategy.

29 July 2015

Company update/Branch banking

NCR posts Q2 loss

NCR Corporation (NCR) reported financial results today for the three months ended June 30, 2015.

28 July 2015

News/Branch banking

One-in-two bank visits involve no human interaction - Halifax

One in every two visits to a bank branch now involves self-service transactions rather than human interaction, according to data from the UK's Halifax.

28 July 2015

Company update/Branch banking

Wincor Nixdorf posts 'significant' fall in operating profit

Wincor Nixdorf AG completed the first nine months of fiscal 2014/2015 with a slight dip in net sales, as anticipated, and a significant decline in operating profit as a result of the restructuring program initiated by the company.

23 July 2015

News/Branch banking

ING opens Belgium fintech accelerator; mistakenly blocks Dutch user from bitcoin

On the day ING’s Belgian arm burnished its innovation credentials with the launch of a fintech accelerator, an overzealous staffer across the border at the bank’s Dutch unit did their best to undermine the effort by mistakenly blocking a customer from buying bitcoins.

17 July 2015

Company update/Branch banking

Mobilearth signs United Heritage CU

Omni-channel, mobile banking provider Mobilearth has signed United Heritage Credit Union ($815 million; 56,139; Austin, TX) to use the technology company’s digital branch-expanding solution MobiBranch and its new Teller Dashboard Platform.

09 July 2015

News/Branch banking

Customers want online and branch banking - TSB

More than three quarters of Brits think that it is important that their bank offers both online and branch services, according to a survey from TSB.

06 July 2015

News/Branch banking

NatWest shuts down branch it pledged to keep open forever

A 2010 TV campaign by NatWest to promote its commitment to maintaining a high street presence in small communities has come back to haunt the beleaguered UK bank, as it prepares to shut down the very branch used in the advert.

24 June 2015

Company update/Branch banking

Hyosung and Elan team up

Nautilus Hyosung America (Hyosung), the #1 provider of ATMs in the United States and market leader in Branch Transformation solutions, today announced a partnership with Elan Financial Services (Elan), a leader in electronic funds transfer (EFT) processing, to provide banks and their customers with a consumer-focused, innovative ATM experience.

22 June 2015

News/Branch banking

Fifth Third pays the price as customers exit the branch

Fifth Third Bancorp is to incur charges of $95 million to shrink its branch network after performing an abrupt about-turn on earlier plans to extend its high street presence.

22 June 2015

News/Branch banking

'Digital-only' Atom to cut deal with high street lender for branch access

Digital challenger bank Atom is looking to do a deal with a high street lender to enable customers to deposit cheques at a bank branch in advance of the roll-out of full digital image capture in the UK.

22 June 2015

Company update/Branch banking

NCR scores Gibraltar International Bank contract

NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that Gibraltar International Bank has chosen NCR and local channel partner BSG Computer Systems to deliver the latest NCR intelligent deposit ATMs and NCR software solutions.

17 June 2015

Company update/Branch banking

Nationwide to meld physical and digital channels with NCR

NCR Corporation (NCR), the global leader in consumer transaction technologies, announced today that Nationwide Building Society has chosen NCR multi-channel software solutions that will enable it to rapidly deploy personalized banking and other services across digital and physical channels.

16 June 2015

Company update/Branch banking

Banque Populaire chooses Vasco to secure in-branch transactions

VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in authentication, digital signatures, and identity management, announced today that Informatique Banque Populaire (i-BP) will use VASCO card readers with Bluetooth Smart-enabled connectivity to enhance security and the customer experience for in-branch transactions.

16 June 2015

News/Branch banking

Kasikornbank to shutdown for two-day tech upgrade

Thailand's fourth-largest bank, Kasikornbank is to shut down all services for two days as it upgrades its banking platform.

15 June 2015

News/Branch banking

Banking by mobile overtakes branch interactions - BBA

Banking by smartphone and tablet has become the leading way customers manage their finances, as mobile banking overtakes branches and the internet as the most popular way to bank, according to the British Banking Association.

15 June 2015

Company update/Branch banking

Citizen's Bank signs five-year IT ops deal with IBM

IBM (NYSE: IBM) has signed a five-year IT services agreement with Citizens Bank, N.A., a wholly-owned banking subsidiary of Citizens Financial Group, Inc. (CFG), to transition its back-end technology infrastructure to a managed services environment.

11 June 2015