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

Fiserv and Cisco partner on branch transformation tech

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today an agreement with Cisco (NASDAQ:CSCO), the worldwide leader in IT, to deliver communications solutions that help financial institutions enhance internal collaboration and drive customer engagement.

20 April 2016

News/Branch banking

Finextra Leadership: Scotiabank co-CIO McNamara on the digital future

Scotiabank co-chief information officer Kyle McNamara talks to Finextra about how the bank is adapting to the digital future, going mobile, using analytics and working with the local fintech community.

15 April 2016

News/Branch banking

RBS to cut 600 staff as branch network withers

Royal Bank of Scotland is once again taking the axe to its branch network, cutting 600 jobs, shuttering 34 high street locations and reducing opening hours in hundreds more.

14 April 2016

News/Branch banking

Bank robbers wrap themselves in tin foil to trick alarm system...forget about CCTV

A pair of Brazilian bank robbers have been caught on CCTV trying to fool a Banco Do Brasil branch's alarm sensors by wrapping themselves in aluminium foil.

11 April 2016

News/Branch banking

Barclays looks to 'click and collect' to revitalise the branch

Barclays Bank may have found a novel new use for its network of bank branches - as a click and collect delivery site for Amazon parcels.

11 April 2016

Company update/Branch banking

Postal worker unions team up to pitch postal banking

The unions representing Canada's postal workers are rolling out a new social media campaign this week to convince the public and the Liberal government to bring back postal banking.

07 April 2016

News/Branch banking

Santander to close 13% of Spanish branch network this year

Banco Santander is to close up to 450 of its 3467 branches in Spain this year as it seeks to accelerate the move to cheaper digital channels.

01 April 2016

News/Branch banking

Fintech boom will lead to 30% bank staff cuts - Citi

US bank Citi has forecast that the continued growth of fintech startups will mean 30% of bank staff will lose their jobs over the next ten years.

31 March 2016

Company update/Branch banking

Popular Community Bank opens high-tech New York branch

Popular Community Bank, a subsidiary of Popular, Inc. (Nasdaq: BPOP) and one of the nation’s premier community banks, today announced the expansion of its high tech branches with the opening of the 285 Madison Avenue location in New York City.

30 March 2016

Company update/Branch banking

Almost 3 in 4 people think a local bank is most desirable community facility

New research from TSB looked at what organisations, institutions, or amenities Brits wanted in their ideal community and found that almost three quarters (74%) of people think a Post Office is the most desirable facility in their town, closely followed by a local bank (73%).

28 March 2016

News/Branch banking

DNB to cut 600 staff in massive branch closure programme

Norway's DNB is to axe 600 staff and shutter more than half of its remaining bank branches, saying that almost all of its customers now interact with the bank through digital channels.

18 March 2016

News/Branch banking

Westpac trials video conferencing tech for customer sign language service

Australia's Westpac is trialling videoconferencing technology at some branches that lets deaf and hard of hearing customers have conversations with Australian sign language (Auslan) interpreters.

18 March 2016

Company update/Branch banking

Umpqua to shutter 26 branches as customers move online

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (UMPQ), will be consolidating 26 store locations later this year.

17 March 2016

Company update/Branch banking

Arqiva completes Nationwide Building Society WiFi deployment

Arqiva, the communications infrastructure and media services company, today announced the successful completion of its work to install unified public and enterprise WiFi services for Nationwide Building Society’s high street branch network of around 700 branches, 16 administration centres and two data centres in the UK.

15 March 2016

Company update/Branch banking

Royal Bank of Scotland invests £3.5 million in new mobile branches

The Royal Bank of Scotland’s ‘Lady Linnhe’ has started serving local communities in Scotland.

11 March 2016

News/Branch banking

Mizuho Bank taps IBM's Watson to give robot branch workers an IQ boost

Tellers beware: Japan's Mizuho Bank is about to deploy robots that have been supercharged by IBM's Watson cognitive computing platform in several of its branches.

04 March 2016

News/Branch banking

ANZ comes out...as GAYNZ

ANZ has rebranded its Oxford Street, Sydney branch as GAYNZ and refitted it as a baroque-inspired celebration of LGBTI culture in time for the city's annual Mardi Gras parade in Darlinghurst.

22 February 2016

Company update/Branch banking

Citi opens tech-packed branch in the Mall of the Emirates

Citi announced the opening of its third Smart Financial Centre in Mall of the Emirates as part of the bank’s commitment to invest in its high-tech Smart Banking Ecosystem in the UAE.

18 February 2016

Company update/Branch banking

Wincor Nixdorf to re-fit workstations in Deutsche Post and Postbank branches

Deutsche Post AG has awarded a contract to Wincor Nixdorf as the general contractor to equip all workstations of Deutsche Post and Postbank with new IT systems.

15 February 2016

Company update/Branch banking

Digital FCU implements IMM eTller

Mass.-based Digital Federal Credit Union recently retained IMM, a provider of eTransaction automation for the modern business enterprise, to enhance its teller operations with IMM’s Teller Item Capture and TotaleReceipts solutions.

26 January 2016