775 articles tagged with this keyword
News/retail
Virgin Money is joining the banking exodus from the high street, closing over 30% of its bank branches with the loss of 260 jobs.
21 July 2023
NatWest Group is to bring the shutters down on a further 36 branches, bringing the running toal for the year to 143, with a further two sites already earmarked for closure in 2024.
11 July 2023
Nationwide Building Society has renewed its branch promise to not leave any town or city in which it is based until at least 2026.
21 June 2023
Lloyds Banking Group and NatWest are, between them, closing another 80 branches across the UK this year.
31 March 2023
Barclays Bank continues its stealthy approach to slimming down its branch network, announcing the closure of 14 more outlets in addition to the 55 branches already earmarked for closure this year.
27 March 2023
TSB has partnered with ATM provider Note Machine to open banking pods to replace local branch services that are due to close in Spring and also to venture into new areas where the bank has yet to establish a presence.
06 February 2023
Barclays is adapting its physical footprint in response to declining customer branch usage, opening semi-permanant banking pods in locations with high footfall, including shopping centres and retail parks.
31 January 2023
Nine new shared banking hubs are to be opened across the UK as the country's high street lenders push ahead with further branch closure programmes.
30 January 2023
NaWest is to shutter a further 23 branches, adding to a wave of closures announced by the UK big banks in the first month of the year.
26 January 2023
Denmark's transition away from cash has seen the country record its first ever year in which it experienced zero bank robberies.
04 January 2023
Shared bank branch operator OneBanx has closed on a £1.27 million raise on Crowdcube.
15 December 2022
After shuttering a third of its high street outlets last year, Bank of Ireland plans to invest €11.5m million across its remaining nationwide branch network in 2023.
14 December 2022
HSBC is to shutter 114 bank branches in the UK next year, as footfall on the high street declines further in the wake of the Covid pandemic.
30 November 2022
Portuguese bank BPI is entering the metaverse, opening a virtual reality branch that customers can visit through Meta's Oculus VR headset.
28 October 2022
News/startups
UK high street bank Lloyds has stepped up its efforts to engage with fintechs with the release of its Innovation Sandbox supported by NayaOne.
19 October 2022
The Financial Conduct Authority (FCA) has set additional expectations for banks that are considering branch or ATM closures.
11 October 2022
A trial project involving bank branches shared by multiple institutions is set to be rolled out across the UK.
06 September 2022
News/regulation
The UK should broaden its open banking model to accelerate the growth of fintech as part of a wider new financial services "Big Bang", according to a group of MPs.
30 August 2022
Barclays has marked another 18 branches for closure, bringing the total number of sites shuttered this year to 178.
16 August 2022
Lloyds Banking Group has identified another 66 branches for closure over the next few months.
29 July 2022
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