Latest Branch banking News: Finextra Research

NatWest shuts down branch it pledged to keep open forever

A 2010 TV campaign by NatWest to promote its commitment to maintaining a high street presence in small communities has come back to haunt the beleaguered UK bank, as it prepares to shut down the very branch used in the advert.

24 June 2015

Company update/Branch banking

Hyosung and Elan team up

Nautilus Hyosung America (Hyosung), the #1 provider of ATMs in the United States and market leader in Branch Transformation solutions, today announced a partnership with Elan Financial Services (Elan), a leader in electronic funds transfer (EFT) processing, to provide banks and their customers with a consumer-focused, innovative ATM experience.

22 June 2015

News/Branch banking

Fifth Third pays the price as customers exit the branch

Fifth Third Bancorp is to incur charges of $95 million to shrink its branch network after performing an abrupt about-turn on earlier plans to extend its high street presence.

22 June 2015

News/Branch banking

'Digital-only' Atom to cut deal with high street lender for branch access

Digital challenger bank Atom is looking to do a deal with a high street lender to enable customers to deposit cheques at a bank branch in advance of the roll-out of full digital image capture in the UK.

22 June 2015

Company update/Branch banking

NCR scores Gibraltar International Bank contract

NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that Gibraltar International Bank has chosen NCR and local channel partner BSG Computer Systems to deliver the latest NCR intelligent deposit ATMs and NCR software solutions.

17 June 2015

Company update/Branch banking

Nationwide to meld physical and digital channels with NCR

NCR Corporation (NCR), the global leader in consumer transaction technologies, announced today that Nationwide Building Society has chosen NCR multi-channel software solutions that will enable it to rapidly deploy personalized banking and other services across digital and physical channels.

16 June 2015

Company update/Branch banking

Banque Populaire chooses Vasco to secure in-branch transactions

VASCO Data Security International, Inc. (NASDAQ: VDSI), a global leader in authentication, digital signatures, and identity management, announced today that Informatique Banque Populaire (i-BP) will use VASCO card readers with Bluetooth Smart-enabled connectivity to enhance security and the customer experience for in-branch transactions.

16 June 2015

News/Branch banking

Kasikornbank to shutdown for two-day tech upgrade

Thailand's fourth-largest bank, Kasikornbank is to shut down all services for two days as it upgrades its banking platform.

15 June 2015

News/Branch banking

Banking by mobile overtakes branch interactions - BBA

Banking by smartphone and tablet has become the leading way customers manage their finances, as mobile banking overtakes branches and the internet as the most popular way to bank, according to the British Banking Association.

15 June 2015

Company update/Branch banking

Citizen's Bank signs five-year IT ops deal with IBM

IBM (NYSE: IBM) has signed a five-year IT services agreement with Citizens Bank, N.A., a wholly-owned banking subsidiary of Citizens Financial Group, Inc. (CFG), to transition its back-end technology infrastructure to a managed services environment.

11 June 2015

News/Branch banking

Wincor Nixdorf plays down talk of acquisition by Diebold

German banking systems company Wincor Nixdorf has denied press reports that it is in talks about a takeover by US rival Diebold.

11 June 2015

News/Branch banking

Mobile remote deposit growth set to accelerate branch decline - Celent

Accelerating growth in mobile remote cheque deposits is set to have a profound effect on the branch channel, according to research from Celent.

29 May 2015

Company update/Branch banking

Al Rajhi Bank to automate the bank branch with Diebold

Al Rajhi Bank, one of the largest Islamic banks in the world, has selected Diebold's technology to migrate transactions from the traditional teller line to the self-service channel and transform the in-branch banking experience for its customers.

26 May 2015

Company update/Branch banking

Hughes FCU signs with IMM

IMM, a pioneer of integrated eSignature, workflow and document solutions for the modern business enterprise, announced today that Tucson, Ariz.-based Hughes Federal Credit Union has deployed its cloud-based remote eSignature solution, Document Exchange.

19 May 2015

News/Branch banking

US proximity payments will rise, but slowly says Aite

The US retail m-commerce sector will be worth $536.5bn by 2020, from a base of $112.5bn in 2015, Aite Group is predicting in its new report entitled 'Mobile Proximity Payments: A Disruption in the Force'. It is predicting the specific mobile proximity segment will lag behind, however, reaching $487bn by 2020 from just $7.5bn now.

15 May 2015

News/Branch banking

Startupbootcamp FinTech welcomes new members & Singaporean MD

Startupbootcamp FinTech Singapore has appointed a new managing director (MD) in Steven Tong, formerly of Infocomm Investments and the London-based accelerator, and welcomed three new members in PwC Singapore, Pix Vine Capital and Jungle Ventures.

14 May 2015

News/Branch banking

EBA explores digital interfaces and crypto-technologies

The Euro Banking Association (EBA) has published two ‘hot topic’ reports on Digital Customer Service Interfaces (DCSI) and crypto-technologies at its EBAday payments conference today in Amsterdam, the Netherlands, with the intention of detailing the electronic payments landscape of the future.

12 May 2015

Company update/Branch banking

Jack Henry & Associates strikes Surface tablet deal with Microsoft

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, it announced plans to continue its close work with Microsoft to provide financial institutions a “best of breed” combination of software and hardware.

11 May 2015

News/Branch banking

Mobile becoming consumer's 'channel of convenience' - Halifax

The UK's Halifax Bank is reporting "monumental growth" in mobile banking, registering a 100% increase in the number of logins via mobile in March 2015, as handheld devices far outstrip the desktop as the online channel of choice and convenience for consumers.

08 May 2015

Company update/Branch banking

Karnataka Bank strikes ATM outsourcing deal with FIS

Karnataka Bank Limited, a major, privately owned bank based in southwestern India, will expand 24x7 transaction banking access to its customers with its new “e-lobby” services, supported through a multi-year ATM outsourcing agreement with FIS, a global leader in banking and payments technology as well as consulting and outsourcing solutions.

04 May 2015