790 articles tagged with this keyword
News/regulation
The Financial Conduct Authority is asking the UK's banks to reconsider branch closures during the Coronavirus lockdown.
28 January 2021
News/inclusion
HSBC will close 82 branches in the UK this year as the Covid-19 pandemic accelerates the trend away from in-person banking and towards digital channels.
19 January 2021
OneBanks, a UK startup that is working to put fully-staffed banking kiosks in places that high street lenders have left, is gearing up to open its first location in the Scottish town of Denny.
09 December 2020
News/retail
Societe Generale is set to close 600 branches as it combines its French retail operations with its Credit du Nord subsidiary and looks to grow its digital unit, Boursorama.
07 December 2020
NatWest is introducing a ‘virtual queue’ option to encourage social distancing obligations for visitors across its branch network.
04 December 2020
Citing the Covid-19 pandemic, Nationwide Building Society has extended its pledge not to leave any town or city in the UK where it has a branch until at least 2023.
20 November 2020
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
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