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

Western Union renews deal with Woodforest National Bank

Western Union (NYSE: WU), a leader in global payment services, today announced the company has renewed its contract with Woodforest National Bank, which has more than 740 branches with the majority of their branches located inside Walmart stores.

22 January 2016

Company update/Branch banking

Barclays joins Innovate UK £175,000 startup competition

Today, the Government’s innovation agency, Innovate UK, has launched the search for pioneering businesses that can tackle five major digital challenges facing retailers.

13 January 2016

Company update/Branch banking

Deutsche Postbank rolls out NCR tech across branch network

NCR Corporation (NCR), the global leader in consumer transaction technologies, announced today that Deutsche Postbank AG will modernize its retail bank branch network with NCR intelligent deposit ATMs and NCR SelfServ 85 consulting kiosks.

12 January 2016

Company update/Branch banking

Nationwide extends BT networking deal

BT today announced that it has won a six-year contract with Nationwide, the world’s largest building society, to continue to provide the network infrastructure underpinning its digital transformation strategy.

06 January 2016

News/Branch banking

DBS opens digital-heavy staff learning centre

Singapore's DBS Bank has built a huge "learning centre", complete with simulation branch, to future-proof staffers for the digital age.

18 December 2015

News/Branch banking

MBank to spend EUR17 million on new network of 'Light' branches

Poland's mBank is to spend EUR17 million to open a network of 40 compact bank branches comprising ultra-modern multi-touch screens, motion sensing and face-recognition technologies in shopping malls across the country.

15 December 2015

Company update/Branch banking

LBBW transfers management of more than 700 branch systems to Wincor Nixdorf

Landesbank Baden Württemberg (LBBW) has commissioned Wincor Nixdorf to take over central operations management of its branch systems – consisting of automated teller machines, cash recyclers, self-service terminals and automated teller safes – to ensure more efficient self-service and higher system availability.

14 December 2015

News/Branch banking

Bank branch for women dubbed the Barbie Bank by critics

A move by Costa Rica's state bank to set up bank branches exclusively for women has backfired spectacularly, with critics dubbing the pink-bedecked outlets the 'Barbie Bank' for reinforcing gender stereotypes.

01 December 2015

Company update/Branch banking

Fukushima Bank boosts productivity with iPad sales app

Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, today announced that Fukushima Bank has deployed an iPad sales force automation (SFA) solution powered by the Magic xpa Application Platform.

24 November 2015

Company update/Branch banking

Two-thirds of Americans unwilling to move to digital-only - US Bank survey

Approximately 70 percent of consumers across all generations (85 percent of millennials) believe banks that are current with the latest technology are more trustworthy than banks that lag; however, nearly 4 out of 5 Americans say when it matters most, they value people more.

16 November 2015

Company update/Branch banking

Beyond Bank deploys Glory Global Solutions TellerInfinity

Beyond Bank, one of Australia’s largest customer owned banks, have partnered with Glory Global Solutions, leader in secure cash management solutions, to introduce the first TellerInfinity™ teller-assisted service solution into their busy Waymouth Street branch in Adelaide.

10 November 2015

News/Branch banking

RBS selects 'eco-innovation' finalists; aims to open carbon neutral branch

Royal Bank of Scotland is to trial technology from 12 'eco-innovation' startups across its property portfolio in Bristol as it bids to create its first carbon-neutral banch.

09 November 2015

Company update/Branch banking

Telhio Credit Union signs for Fiserv DNA platform

Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, announced today that Telhio Credit Union, a $548 million asset credit union based in Columbus, Ohio, has selected the DNA® account processing platform and integrated solutions from Fiserv to support its goal of becoming a $1 billion credit union in the next few years.

02 November 2015

News/Branch banking

Germany to make banks offer accounts to refugees and the homeless

The German government is planning to bring in a law forcing banks to provide homeless people and asylum seekers with access to basic accounts.

29 October 2015

Company update/Branch banking

Metro Bank opens drive-thru branch

Metro Bank is bringing its revolutionary drive-thru banking service to the heart of Southall. The new service will allow customers to carry out cashier services from the comfort of their cars.

22 October 2015

News/Branch banking

UK bank branch closures accelerating

The pace of retail bank branch closures in the UK is accelerating, with 650 outlets set to disappear from the high street in 2015.

21 October 2015

Company update/Branch banking

Glory Global Solutions unveils cash recycler

Glory Global Solutions, the global expert in cash management, today announced a new cash recycling solution, the Vertera ETD (Electronic Teller Drawer), at the BAI Retail Delivery 2015 conference in Las Vegas.

14 October 2015

Company update/Branch banking

CetoLogic signs two new credit unions

CetoLogic, a leading provider of software and analytics for financial institutions and retailers, announced at the 2015 BAI Retail Delivery Conference that $424 million Matanuska Valley Federal Credit Union based in Palmer, Alaska, and $968 million KeyPoint Credit Union based in Santa Clara, Calif. have selected its C3 Financial cash management and forecasting solution to streamline cash management processes and better align cash levels with member demand.

14 October 2015

News/Branch banking

CIBC makes digital push

Canadian Imperial Bank of Commerce is stepping up its migration to digital services as it seeks to cut $600 million in costs by 2018 and see off a raft of new fintech competitors.

09 October 2015

News/Branch banking

SocGen mulls massive branch closure programme

Societe Generale is contemplating closing one in five of its branches in France over the next five years, joining the ranks of European banks downsizing their high street presence as more customers go online.

29 September 2015