Latest Branch banking News: Finextra Research

CYBG's new branch in Manchester offers free yoga classses and events space

CYBG is continuing to cement its position as the UK’s leading challenger bank with the opening of a new state-of-the-art SME hub and retail store in the heart of Manchester.

23 January 2019

News/Branch banking

Banco Santander to close 140 branches in the UK

Banco Santander is to shut a fifth of its UK branches with a loss of 1279 jobs as footfall across the estate plummets.

23 January 2019

Company update/Branch banking

UnionBank opens first fully-digital branch in the Philippines

Appian (NASDAQ: APPN) announces that UnionBank of the Philippines used the Appian Platform to launch its first fully digital branch.

15 January 2019

News/Branch banking

Open Banking year one: Insights from the CMA9 and more

A review of the first year of the UK’s groundbreaking experiment in Open Banking. What worked? What didn’t? And what next?

11 January 2019

News/retail

Brits more likely to get divorced than dump their bank – Tandem

With the 8th of January marking Divorce Day – the UK’s most popular day to start divorce proceedings - Tandem Bank product director Matt Ford revealed that despite the act of changing banking provider becoming simpler, consumers are still misinformed and discouraged.

08 January 2019

Company update/retail

Millennium BCP picks Auriga for branch overhaul

Like so many other banks, Millennium BCP is reviewing its large branch network. While this has led to some closure and relocation of branches, Millennium BCP was determined to use the review as an opportunity to create a new kind of customer-centric branch format for the future.

06 December 2018

Company update/Branch banking

Coventry Building Society launches five-year multimillion-pound redesign of its branch network

Coventry Building Society, a UK top ten savings and mortgages provider, has launched a branch redesign programme which will see the Society invest significantly in its network over the next five years.

23 November 2018

News/Branch banking

Two-thirds of UK bank branches have closed in the past 30 years

The UK has lost almost two thirds of its bank branches in the last 30 years, leaving a fifth of households now more than three kilometres from their nearest branch, according to figures compiled by consumer group Which?.

20 November 2018

News/Branch banking

Open banking slow burn means just 22% of consumers have heard of the concept

LendIt Europe 2018 welcomed fintech enthusiasts who attended fireside chats and panel discussions on subjects such as financial inclusion, regulatory innovation and identity before coming on to the hotly debated topic of open banking.

20 November 2018

Company update/Branch banking

Consumers' access to financial services inquiry launched

The Treasury Committee launches a new inquiry into consumers’ access to financial services.

12 November 2018

News/Branch banking

Mobile-only challenger Starling arrives on the high street; picks up new funding

App-only bank Starling is coming to the high street thanks to a partnership with the Post Office to offer 'Everyday Banking' services to both its personal and business customers.

12 November 2018

News/Branch banking

N26 to offer Mastercard exchange rate with no mark-up in event of no deal Brexit

In an interview with Finextra, N26’s head of international markets Alex Weber reveals that in the event of a no deal Brexit, the German challenger bank will continue to offer the same Mastercard exchange rates as it currently does, despite the potential dissolution of the cross-border payment fee cap.

12 November 2018

Company update/Branch banking

Citibank opens first Citigold branch in San Francisco

Citibank is inaugurating today its first Citigold Center in San Francisco, located in the historic Pacific Gas & Electric Company Building at 245 Market Street in the heart of the financial district.

05 November 2018

Company update/retail

Brits see ATMs as public utility

New research finds that ensuring ongoing local access to ATMs and cash could be a key factor in managing the transition to digital financial services.

31 October 2018

News/Branch banking

HSBC trials in-branch Samsung smartwatch pilot

HSBC is equipping staff members at a Manhattan branch with Samsung Gear S3 smartwatches for a pilot designed to see how mobile technology can improve employee communications and customer experiences.

24 October 2018

Company update/Branch banking

Robins Financial Credit Union picks VSoft OnView Branch Remittance

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced that Warner Robins, Georgia-based Robins Financial Credit Union with more than $2.4 billion in assets has selected its OnViewTM Branch Remittance to simplify remittance transfers.

01 October 2018

Company update/Branch banking

Unite criticises ‘rubber-stamp’ RBS closures in Scotland

Unite the union today (28 September) has criticised the announcement by Johnston Carmichael and RBS that only two branches survive the stay of execution in Scotland.

01 October 2018

Company update/Branch banking

CFCU Community Credit Union signs for Fiserv suite

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that CFCU Community Credit Union, based in Ithaca, NY, will implement a suite of solutions from Fiserv to deliver a more integrated mobile, online and in-branch member experience.

25 September 2018

News/Branch banking

Wells Fargo to axe up to 26,500 jobs

Wells Fargo is planning to cut up to 26,500 jobs over the next three years as it gets to grips with the rise of digital banking and the fallout from a host of expensive scandals.

21 September 2018

News/Branch banking

Danske Bank boss quits over money laundering scandal

The CEO of Danske Bank, Thomas Borgen, is to step down following allegations that the Danish bank laundered billions of mostly Russian cash through its Estonian branch.

19 September 2018