Branch banking

1069 articles tagged with this keyword

/retail

Svenska Handelsbanken to cut 1000 staff and 180 branches

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.

/retail

FCA sets access to cash expectations

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.

/security

Police and banks to extend fraud prevention scheme to online and telephone banking

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.

/security

Chile's BancoEstado shuts down branch network after ransomware attack

Chilean bank BancoEstado closed all of its branches on Monday in response to a ransomware attack over the weekend.

/Branch banking

VTB switches to single telecommunications network for branches across Russia

Rostelecom has created a single telecommunications network for almost 1,700 VTB branches across Russia.

/Branch banking

The Future of Fintech 2020

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/retail

Co-op Bank to slash 350 jobs, close branches

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.

/retail

Credit Suisse to realign branch network to concentrate on clients with more complex needs

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.

/wholesale

Moroccan CIH Bank automates corporate banking services with Finastra

Finastra has announced that CIH Bank, a Moroccan-based commercial bank, has gone live with Fusion Corporate Channels and Fusion Trade Innovation, to digitize its end-to-end corporate banking services. The solutions are automating the bank’s trade and supply chain finance services, providing its corporate customers with access to services online, rather than in-branch. The solutions reduce manual processes, helping the bank to become more efficient and agile, grow its customer base by providing a more seamless digital customer experience and ultimately, generate new revenue streams.

/people

TSB to check out branch cashiers as Covid changes priorities

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.

/security

Westpac to send branch staff real-time scam alerts

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.

/retail

NAB adjusts branch model to accommodate remote services

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.

/regulation

FCA warns banks that access to cash is a regulatory priority

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.

/cloud

Westpac upgrades branch bandwidth with SD-WAN roll out

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.

/retail

KBC shrinks branch network as more customers move online

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.

/retail

BBVA to open 15 new branches in Texas

BBVA USA announced today that it has received approval to open 15 new branches across Texas, the bank’s largest market in its U.S. footprint.

/retail

The WFH hub is here to stay - Westpac

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.

/retail

BBVA re-opens Spanish branch network

BBVA has re-opened its entire branch network as Spain emerges out of lockdown.