Branch banking

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/Branch banking

New players to grab US banking market share as customers go digital

Up to a third of banks' market share in America could be up for grabs by 2020, with new digital-only players and retailer-run enterprises taking on the old guard, according to research from Accenture.

/Branch banking

Barclays to open branches in Asda stores

Barclays is set to open branches within Asda stores, shutting down existing sites and shifting staff to the supermarket.

/Branch banking

Standard Chartered Hong Kong opens digital branch

Bridging the online and offline worlds, Standard Chartered has opened what it calls its first 'digital branch' in Hong Kong.

/Branch banking

Nedbank opens green branch

South Africa's Nedbank has unveiled what it claims is the continent's first 100% renewable energy powered bank branch.

/Branch banking

Co-op to slash jobs and branch network in £500 million IT overhaul

The UK's Co-operative Bank is to spend £500 million on re-engineering its technology infrastructure as part of a hedge fund-backed rescue plan that will see 15% of the branch network slashed and over 1000 jobs cut.

/Branch banking

Barclays boss hints at branch closures as customers go mobile

Barclays chief Antony Jenkins has hinted that branch closures could be on the horizon as the bank bids to cut costs and take advantage of customers' growing enthusiasm for mobile services.

/Branch banking

St George to provide free office space for start-ups

Australia's St George Bank is to offer free office space to start-ups through a network of 'Business Hubs' across the country.

/Branch banking

NAB ditches tellers at 'smart store'

National Australia Bank is casting aside the traditional teller in favour of self-service machines at a new flagship 'smart store' in Melbourne.

/Branch banking

BofA opens tech-packed 'express' branches

Bank of America is opening five technology-packed mini-branches as it seeks to bridge the gap between real-world and digital services.

/Branch banking

Police arrest eight over £1.3m Barclays branch cyber-theft

UK police have arrested eight men in connection with the theft of £1.3 million by a gang which managed to take control of a Barclays Bank branch computer system.

/Branch banking

Multi-channel banking strategies are failing to convince - CEB TowerGroup

Banks that invest in ensuring a consistent customer experience across all channels may be wasting their money, according to an analysis by CEB TowerGroup.

/Branch banking

Rotten core: Bank IT costs set for material increase

Banks operating ageing IT platforms can expect to experience a material increase in running costs over the coming years, only partially offset by the introduction of smaller cheaper-to-run branch outlets.

/Branch banking

UK has lost 40% of bank and building society branches since 1989

More than 40% of Britain's bank and building society branches have disappeared since 1989, although the rate of closures has declined since the turn of the century, according to research.

/Branch banking

D+H closes $1.2bn Harland acquisition

Canadian financial technology firm Davis and Henderson (D+H) has completed the US$1.2 billion cash acquisition of US counterpart Harland Financial Solutions.

/Branch banking

PNC opens pop-up branch

PNC Bank has opened its first pop-up branch in Atlanta, ditching tellers in favour of consultants who will help customers with more complex transactions and show off mobile and online services.

/Branch banking

Jobs to go as Ulster Bank takes axe to branch network

RBS subsidiary Ulster Bank says it will close up to 40 branches and lay off hundreds of employees across the island of Ireland as customers move to digital channels.

/Branch banking

MasterCard and EBC unveil Egyptian mobile payments gateway

MasterCard has teamed up with the National Bank of Egypt (NBE) and telco Etisalat to launch what it claims is the first ever Arabic mobile money service.

/Branch banking

Unicredit experiments with self-service branches

Unicredit is looking into the concept of staff-free, self-service branches, says the Italian bank's head of multichannel, Federico Sforza.

/Branch banking

Credit union fills branches with 'technology champions' to push mobile services

An American credit union has put a 'technology champion' in every one of its 76 branches to help members get up to speed with its mobile and online services.

/Branch banking

US branch transaction volumes see eye-popping decline

Branch transaction volumes in the US have dropped by 45% over the past decade, according to data released by teller management outfit Financial Management Solutions Inc (FMSI).