Latest Branch banking News: Finextra Research

Branches set for long life - CBA

Despite the rise of digital channels, 80% of Commonwealth Bank of Australia's high-value customers still use branches, meaning that the firm's expensive bricks-and-mortar operation is set to stay in place for years to come.

02 June 2016

News/Branch banking

HSBC to shutter half of Indian branch network

HSBC is to shutter half of its branches in India as part of an ongoing global initiative to shift more business to digital channels.

20 May 2016

News/Branch banking

TD ditches suspect coin-counting machines

TD Bank is retiring its fleet of more than 1000 Penny Arcade coin-counting machines following reports that they were short-changing customers.

19 May 2016

Company update/Branch banking

AIB to launch pilot in-store bank at SuperValu chain

AIB today announced plans to pilot an in-store banking outlet at SuperValu Lucan, Co. Dublin.

18 May 2016

News/Branch banking

HSBC to cut 850 IT jobs in UK

HSBC is to axe 850 British IT jobs as it embarks on a three-year restructuring plan that will eliminate 8000 positions at the UK arm of the global bank.

16 May 2016

News/Branch banking

British banks accelerate branch closure programme

Britain's major banks closed more than 600 branches across the UK in the last year, according to figures obtained by the BBC.

13 May 2016

News/Branch banking

Royal Bank of Scotland drops the axe on more branches/staff

Royal Bank of Scotland is to axe another 200 jobs from its retail network, in what has been described by union bosses as a "year-long cull of local branches across the country".

12 May 2016

Company update/Branch banking

ANZ opens flagship branch on site of former Sydney HQ

ANZ today returned to the heart of Sydney’s traditional banking district with the opening of its new flagship branch in Martin Place on the site of its former NSW headquarters.

12 May 2016

Company update/Branch banking

Wincor Nixdorf expands cash handling capabilities via Hess alliance

Wincor Nixdorf and HESS Cash Systems, a subsidiary of Gauselmann Group and one of the leading coin process automation vendors, have agreed on a strategic cooperation.

09 May 2016

News/Branch banking

Citi trials in-branch beacon technology

Citi is deploying beacon technology from Gimbal at a number of its Smart Banking branches in Manhattan

09 May 2016

News/Branch banking

BBA launches review into branch closure protocol

With many of its members closing large numbers of branches, trade association the British Banking Association is launching an independent review into the protocol on minimising the impact of closures on customers.

06 May 2016

News/Branch banking

Europeans ready to quit banks over out-of-date technology

As they increasingly bank online and through their mobiles, many Europeans say that they would leave providers that do not offer up-to-date technology, a survey from Fujitsu shows.

04 May 2016

News/Branch banking

RBS says IT issues could make it miss Williams & Glyn branch sale deadline

The Royal Bank of Scotland has warned that it could miss a deadline set by European regulators to spin off its 300-strong Williams & Glyn branch network because of technology issues.

28 April 2016

Company update/Branch banking

NCino adds deposit account opening to cloud platform

NCino has added deposit account opening to its Bank Operating System, taking the company’s cloud platform into the branch as a primary means to facilitate deposit growth.

26 April 2016

Company update/Branch banking

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