Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

European banks shuttered over 9000 branches last year

European banks closed over 9000 branches last year and shed 50,000 staff as customer defections to online and mobile channels surged, according to data from the European Banking Federation.

13 September 2017

Company update/Branch banking

Mashreq Bank signs for NCR video and tablet banking tech

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions today announced that Mashreq Bank, one of the largest banks in the UAE, will revamp its banking services in the country with a host of innovative technologies from NCR over the next six months.

05 September 2017

Company update/Branch banking

Commercial Bank of Dubai upgrades core system with ITS

International Turnkey Systems (ITS), the market leading provider of comprehensive Shariah-compliant financial solutions, announced the successful package upgrade of PHOENIX Core Banking system to the latest version of ETHIX-Core Banking solution for the Commercial Bank of Dubai (CBD), facilitating the Bank’s offering of full fledged 24/7 banking operations across all branches and Head Office, in addition to overall performance enhancement and Digital Banking support.

05 September 2017

Company update/Branch banking

Emirates NBD's AI banking robot learns Arabic

Emirates NBD’s Pepper has now learnt to speak Arabic! The artificial intelligence (AI) powered humanoid robot, brought to the UAE by Emirates NBD last year, has been widely popular due to his novel proposition and charming personality, and will now also cater to the bank’s Arabic-speaking customers.

30 August 2017

Company update/Branch banking

Piraeus Bank launches banking service for the visually impaired

Piraeus Bank has implemented an integrated program for the provision of new services covering social groups with specialized banking service needs. The Bank has launched a full range of new services for visually impaired customers and will soon extend these facilities for customers with hearing impairments.

25 August 2017

Company update/Branch banking

Fiserv launches Instant Issue Advantage wireless tablet tech

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today the launch of its Instant Issue Advantage™ wireless tablet solution, putting instantly issued and activated cards in the hands of verified financial institution cardholders to begin using immediately.

23 August 2017

Company update/Branch banking

UniCredit halfway through massive branch closure programme

The Board of Directors of UniCredit S.p.A. approved 1H17 results.

03 August 2017

Company update/Branch banking

Branch-focused Metro Bank turns in profit as customer accounts surpass one million

Metro Bank PLC (LSE: MTRO), the revolution in British banking, has delivered another strong trading performance in Q2 and H1 2017.

27 July 2017

Company update/Branch banking

ANZ opens Brisbane cashless branch

ANZ this week opened a new cashless branch in Brisbane’s CBD, its first for the city, as customers continue to choose online and digital banking options instead of cash.

21 July 2017

Company update/Branch banking

CaixaBank spends EUR75m replacing branch PCs with tablets

During the month of July, CaixaBank will complete the deployment of 33,000 mobile Smart PC tablets across its commercial network, the most extensive in Spain.

21 July 2017

News/Branch banking

The Nottingham Building Society expands branch network

The Nottingham Building Society is bucking one of banking's biggest trends, expanding its physical footprint by opening seven new branches in British market towns.

21 July 2017

News/Branch banking

SAP Financial Services Forum, London - Day 2 live blog

Welcome to Finextra's live coverage from Day 2 of the SAP Financial Services Forum in London. The theme for this event is 'winning in the digital moment'. The agenda will examine how technologies such as AI, machine learning, analytics, blockchain, open APIs and the cloud can be best leveraged to deliver truly digitised financial services.

05 July 2017

News/Branch banking

Chase partners GE to slash branch energy emissions

Chase is pushing its green credentials through a partnership with GE that will see the bank slash energy consumption at 4500 branches by 15%.

29 June 2017

News/Branch banking

Branch visits face steep decline as mobile banking takes hold

Mobile banking transactions in the UK are expected to more than double by 2022, while branch visits will dwindle to just four visits each year for the average consumer in the same period, according to figures produced by industry analyst group CACI.

28 June 2017

Company update/Branch banking

Baxter Credit Union deploys Vidyo video banking tech

Vidyo, the leader in integrated video collaboration, today announced that Baxter Credit Union (BCU) has deployed a video banking service using Vidyo’s cloud-based video collaboration technology, with the goal of launching a number of video-only branches in 2017.

27 June 2017

Company update/Branch banking

Citi to implement Ailleron's LiveBank tech in 16 countries

Citibank has signed an agreement to implement Polish LiveBank technology, which will enable more than 100 million bank customers in 16 countries to benefit from virtual banking without leaving home.

27 June 2017

News/Branch banking

Santander launches in-branch mortgage video service

Santander is to beam specialist mortgage advisors over the ether to talk to customers via video screens located at 66 branches across the UK.

23 June 2017

News/Branch banking

Biometric identity platform AimBrain raises £4m

AimBrain, a London-based startup using machine learning to help financial services firms tap into biometric authentication, has raised £4 million in a Series A funding round led by BGF Ventures.

20 June 2017

Company update/Branch banking

Video banking to play an important role in the bank branch of the future

RBR’s new report, Teller Automation and Branch Transformation 2017, shows that banks in a number of countries are turning to terminals offering remote video transactions as part of their branch transformation strategies.

12 June 2017

Company update/Branch banking

Peninsula FCU deploys CPI tech for in-branch debit chip card issuance

CPI Card Group (NASDAQ:PMTS, TSX:PMTS), a global leader in financial and EMV chip card production and related services, announced that Peninsula Federal Credit Union has implemented CardOnce to provide in-branch instant issuance of EMV-enabled debit throughout its network of branches.

08 June 2017