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

German bank bids to unleash innovation with tech-packed 'playroom'

German cooperative bank Volksbank eG Schwarzwald Baar Hegau has become the first client to install NCR's new 'innovation experience room', a space packed with the latest technology, such as virtual reality headsets and drones, that is designed to help build digital literacy among employees and customers.

18 August 2016

Company update/Branch banking

Dime Community Bank chooses BancWorks

Banc Intranets, a provider of secure, web-based enterprise content management solutions for financial institutions, announced that Dime Community Bank implemented its BancWorks® employee intranet to engage employees and increase its file sharing efficiencies across its 25 branches.

16 August 2016

News/Branch banking

AIB mobile banking knocked out

Allied Irish Bank (AIB) says that "technical issues" have led to problems with some online, mobile and branch transactions.

11 August 2016

News/Branch banking

FNB opens branch inside a shipping container

First National Bank of South Africa is mobilising its physical presence in rural outposts with the opening of its first branch inside a converted shipping container.

03 August 2016

News/Branch banking

BBVA in management reshuffle for digital banking push

Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) is set to embark on a second management reorganisation within 14 months in anticipation of a further push of its digital banking plans, according to Bloomberg.

28 July 2016

News/Branch banking

Lloyds to cut further 3000 jobs and close 200 branches in wake of Brexit vote

Lloyds Banking Group is accelerating its cost-cutting drive by announcing more job cuts and branch closures despite doubling its profit in the first half of 2016.

28 July 2016

News/Branch banking

South Africa sets standard for fingerprint banking

South Africa's payments body has released a standard to enable biometrics to be used on payment cards and to herald what it hopes will be an industry-wide roll-out of fingerprint banking.

27 July 2016

News/Branch banking

Thailand considers fintech regulation

Thailand's central bank has called for more regulation of the country's growing fintech sector in order to prevent systemic risk and protect consumers.

22 July 2016

News/Branch banking

Apps crush internet for UK banking logins

The number of internet banking logins made by Brits each day fell last year, as customers continued to migrate to apps, BBA research shows.

22 July 2016

Company update/Branch banking

PNC opens 'Tiny Branch' at West Virginia University

PNC Bank today revealed its portable "Tiny Branch" on the campus of West Virginia University. Measuring 20 x 8 foot, or 160 square feet, the converted steel container brings PNC's newest concept branch to Morgantown consumers along with the ease of drive-up service.

21 July 2016

News/Branch banking

Standard Chartered launches global video banking push

UK bank Standard Chartered is planning to roll out its video banking service to more than five million users across Asia, Africa and the Middle East.

21 July 2016

Company update/Branch banking

Wells Fargo and NCR team up for ATM revamp

NCR Corporation (NYSE: NCR) today announced a collaboration agreement with Wells Fargo (NYSE: WFC) to drive unparalleled consumer innovation and dramatically reinvent self-service technology in Wells Fargo’s retail stores.

20 July 2016

Company update/Branch banking

Bank of the Ozarks implements instant card issuance with Entrust

Entrust Datacard today announced that Bank of the Ozarks has implemented an Entrust Datacard financial instant issuance solution – including the Datacard CD820 instant issuance system and the Datacard CardWizard issuance software – in 170 locations throughout the Southeastern United States.

14 July 2016

Company update/Branch banking

Citibank Korea installs Wacom pen tablets for in-branch electronic document processing

Wacom Co Ltd. announced today that 317 units of its DTU-1141 have been installed in branches of Citibank Korea Inc. for electronic document processing including digital signature, furthering the company‘s initiative to go completely paperless and shortening process time to create remarkable customer experiences.

13 July 2016

Company update/Branch banking

Fusion reports bank cloud services contract

Fusion (FSNN), a leading provider of cloud services, today announced that it has been selected to connect a major southeast bank's 33 locations to the Fusion cloud with a fully managed cloud network solution that integrates the financial institution's voice and data requirements.

12 July 2016

Company update/Branch banking

Maybank Indonesia converts Indian branch operations to Intellect’s Integrated Treasury Management Sy

Intellect Design Arena Limited, a specialist in applying true Digital Technologies across Banking, Financial Services & Insurance, announced that Bank Maybank Indonesia one of the largest banks in Indonesia has gone live with Intellect’s Integrated Treasury Management System(ITMS)-OneTreasury for their Indian operations.

05 July 2016

Company update/Branch banking

NatWest opens seven-days-of-the-week branch in Manchester Picadilly train station

This is the first time a bank has opened a branch in the centre of a train station in the UK. It will have automated banking facilities available 24-7 for customers travelling through the station.

01 July 2016

News/Branch banking

Nearly half of North Americans open to robo-advice

Nearly half of North American bank customers are open to ditching human expertise for automated, computer-generated advice and services, according to a survey from Accenture.

01 July 2016