Branch banking

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/Branch banking

BankSouth selects nCino BOS

nCino, the leader in secure, cloud-based bank operating solutions to the financial services industry, today announced that $380 million BankSouth has selected its Bank Operating System to create more efficiency around its commercial and consumer loan production and performance.

/Branch banking

Larger businesses get UK switch guarantee for 3 years

Businesses with a turnover in excess of £6.5m can now use the UK Current Account Switch Service (CASS), run by Bacs, to swap bank accounts and remain on the redirection service for up to 3 years.

/Branch banking

Lloyds pledges 20,000 digital skills staffers on roster by 2017

As part of its 2015 Helping Britain Prosper Plan, Lloyds Banking Group has this week announced plans for around one in every four of its colleagues to be dedicated to helping people and organisations use the internet to improve digital skills and financial capability. This substantial commitment will deliver 20,000 Digital Champions by 2017.

/Branch banking

Link to participate in East financial crime and security forum

LINK, the UK's ATM network, is one of the European national bodies participating in the second EAST Financial Crime and Security Forum (FCS) on 11-12 June 2015 at the Grand Hotel Amrâth Kurhaus, Scheveningen in The Hague, Netherlands.

/Branch banking

CBA unveils Albert tablet payment device

Commmonwealth Bank of Australia (CBA) is making a move into the point-of-sale hardware market, teaming up with German tech firm Wincor Nixdorf and Ideo to launch a seven inch Android-based tablet system dubbed Albert.

/Branch banking

Canada's D+H agrees $1.25bn Fundtech acquisition

Canadian financial technology firm D+H is to buy transaction banking vendor Fundtech for $1.25 billion in cash, subject to regulatory approvals.

/Branch banking

UK banks' IT spending to increase - CBI/PwC Report

UK banks’ spending priorities for the next year are focused on improving IT infrastructure and cyber security, according to a report from the CBI and PwC, which also finds a focus on building new digital platforms to remain competitive and respond to changing customer needs.

/Branch banking

EBAday attracts titans of transaction banking

More than 850 bankers and treasury professionals from across Europe are expected to descend on Amsterdam in May to hear senior executives from ING, ABN Amro, HSBC, RBS and Deutsche Bank speak at EBAday 2015, the continent's pre-eminent annual payments event.

/Branch banking

UK online banking fraud losses soar 48%

Online banking fraud jumped 48% to £60.4 million in 2014, according to figures put together by Financial Fraud Action UK (FFA UK), which blames the rise on malware and confidence tricksters.

/Branch banking

Swift London Business Forum to continue discussions on FinTech innovation

Challenger banks will feature heavily in the upcoming Swift Business Forum in London. Craig Donaldson, CEO at Metro Bank UK, is joined by keynote speaker Sir David Clementi, ex-deputy governor of the Bank of England and chairman of Virgin Money.

/Branch banking

UK banks agree protocol on branch closures

British banks will have to provide 12 weeks' notice of branch closures and publish assessments of the impact on customers, under a new protocol to be published this week. However, the agreement is unlikely to slow the rush to cut expensive branch networks, stressing that closures are ultimately commercial decisions.

/Branch banking

Westpac extends ConnectNow videoconferencing hub to rural outposts

Westpac will tomorrow launch its third Connect Now hub at Epping in Sydney to further strengthen its commitment to the Australian SME sector.

/Branch banking

Future Money Focus: Tom DeLuca, AMP Credit Technologies

The co-founder of a Nasdaq-listed payments processor and a former legal advisor for American Express - Tom DeLuca is now focused on his latest venture, AMP Credit Technologies, a platform for banks and lenders to provide short-term unsecured small business loans.

/Branch banking

Sabadell agrees £1.7 billion takeover of TSB

Banco Sabadell is making its first play for a European business outside of its home territory as Lloyds agrees to sell 50% of TSB to the Spanish bank.

/Branch banking

Westpac commits $40m to rural branch network refresh

Australia's Westpac is preparing to pump $40 million over the next two years into a tech-heavy refresh of its rural branches.

/Branch banking

Akbank rolls out video banking tech in shopping mall

Turkey's Akbank is experimenting with NCR's Interactive Teller video banking technology in branches and at a shopping mall.

/Branch banking

70% of Americans prefer digital to branch for account opening

Nearly three quarters of Americans would rather apply for a checking account digitally than at a bank branch, according to a survey from Javelin Strategy & Research.

/Branch banking

TSB wades into bank branch debate

While other banks are closing branches, the UK's TSB has launched a staunch defence of the branch network, making its high street presence front and centre of its proposition to attract more customers from competitor banks.

/Branch banking

JP Morgan Chase to close 300 branches as customers go mobile

With customer flocking to its mobile app, JPMorgan Chase is planning to close around 300 branches by the end of next year.

/Branch banking

Finextra Leadership: Tangerine's direct banking pioneer

As chief information officer at Canadian direct bank Tangerine, Charaka Kithulegoda is at the forefront of the drive to take financial services mobile. He talks to Finextra about how technology is changing the banking landscape.