Branch banking

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/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.

/Branch banking

Branches hold strong in face of digital onslaught - FDIC

Despite the rise of online and mobile banking, there has been only a modest decline in the number of branches in the US over the last few years, according to research from the Federal Deposit Insurance Corporation (FDIC).

/Branch banking

Idea Bank takes on coffee shops with new branch concept

Polish mid-size lender Idea Bank is to open a new bank branch staffed by trained baristas as it bids to entice small business owners away from local coffee shops with the aroma of freshly-brewed beverages, free office work space and bookable conference rooms.

/Branch banking

Lloyds to accept electronic photo ID docs for online account opening

Lloyds Banking Group is introducing a new service for customers to upload photos of identification documents for online account opening without the need to visit a bank branch.

/Branch banking

Barclays puts the branch on the iPad

Barclays is to equip its roving army of Community Bankers with iPads capable of performing all banking operations previously confined to bricks and mortar branches.

/Branch banking

Bank branches will save banks from digital challengers - Botin

Banco Santander intends to use a combination of old-school bank branches and a $3 billion global IT budget to beat off competition from cash rich technology companies intent on invading its territory.

/Branch banking

UK silver surfers topping banks' online and mobile growth charts

UK banks are experiencing faster growth rates for digital services by customers in the 70s and 80s, according to the latest data from the British Bankers Association.