1062 articles tagged with this keyword
News/Branch banking
Retail giant Marks & Spencer will take on Britain's high street banks this summer with the launch of a current account with no monthly fee.
07 March 2014
JPMorgan Chase has set out plans to cut around 8000 jobs this year as it shrinks branches and pushes self-service and the use of digital channels.
26 February 2014
UniCredit has opened a tech-packed flagship branch in Milan, the first stage in a three year, 1000 branch-strong network overhaul.
21 February 2014
First National Bank of South Africa is applying motion-sensor technology at its flagship cashless and paperless bank branch in Cape Town to attract the attention of passers-by and encourage interaction with the screen.
19 February 2014
A Barclays employee acted as an inside man for a criminal gang which attached a piece of hardware to a computer at the branch where he worked and used it to steal £1.25 million, a court has heard.
Commonwealth Bank of Australia has credited investment in technology as a major factor in its impressive 14% rise in first half profits.
12 February 2014
Westpac has begun trialling a Google Glass app which lets users keep an eye on their balance and outlined plans to install Apple's iBeacon technology in branches.
04 February 2014
Plans by Barclays to revamp its branch network are coming into focus, with chief executive Anthony Jenkins telling the BBC that the UK bank will close a quarter of its high street branches over the coming year.
29 January 2014
US banks chopped almost 1500 branches in 2013 in an effort to offset sluggish revenue trends amid a slow-growth environment, according to data from SNL Financial.
28 January 2014
The US Postal Service should consider offering financial products such as pre-paid cards to the underbanked as a way of shoring up its own balance sheet, a watchdog has said. Meanwhile, the service's Indian counterpart has already begun its assault on the banking market.
Bank branches may be going the way of the dodo but one example of this increasingly rare bird drew admiring glances at the Retail Design Institute awards, where Umpqua scooped the store of the year gong for its flagship San Francisco outlet.
24 January 2014
Bank of America says its branch banking network could drop below 5000 next year as mobile channels continue to take market share.
16 January 2014
Close to two thirds (64%) of people online who hold a current account with a bank or building society would prefer to conduct their banking on the Web or via a mobile application compared to just 29% who prefer telephone or in-branch banking.
10 January 2014
RBS chief Ross McEwan has admitted that the bank has failed to invest properly in its IT system for decades after customers were left unable to access their money or pay for goods on Cyber Monday.
03 December 2013
United Arab Emirate-based bank Mashreq is filling a series of new 'E-Cube' branches with Microsoft 'interactive experience technologies'.
29 November 2013
ANZ is experimenting with the use of voice biometrics for securing customer interactions at the call centre and for authorisation of larger-value cash transactions via mobile phones.
28 November 2013
Barclays employees have donned age simulation suits in an effort to appreciate the problems old customers have when banking in-branch, online and over the phone.
20 November 2013
India's first public sector bank for women opens its doors today, powered by technology from US fintech vendor FIS.
19 November 2013
Barclays is set to axe 1700 customer-facing jobs from its branch network over the next year, citing the rise of new customer channels, particularly mobile banking.
15 November 2013
The Indian banking industry's reliance on Windows XP could put more than 34,000 branches at risk when Microsoft ends support for the operating system in April.
13 November 2013
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