Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Barclays Bank to trim more branches

Barclays Bank continues its stealthy approach to slimming down its branch network, announcing the closure of 14 more outlets in addition to the 55 branches already earmarked for closure this year.

27 March 2023

Company update/retail

Metro Bank to resume store expansion as losses narrow

Metro Bank PLC (LSE: MTRO LN) Results for Year ended 31 December 2022,

02 March 2023

Company update/retail

Chase opens Philadelphia community centre branch

Today, Chase marked the grand opening of a new Community Center branch in West Philadelphia, the first of its kind in the city and only one of 15 Community Centers nationwide.

24 February 2023

News/retail

TSB pilots banking pods

TSB has partnered with ATM provider Note Machine to open banking pods to replace local branch services that are due to close in Spring and also to venture into new areas where the bank has yet to establish a presence.

06 February 2023

News/retail

Barclays replaces branches with semi-permanent banking pods

Barclays is adapting its physical footprint in response to declining customer branch usage, opening semi-permanant banking pods in locations with high footfall, including shopping centres and retail parks.

31 January 2023

News/retail

UK to roll out more shared banking hubs

Nine new shared banking hubs are to be opened across the UK as the country's high street lenders push ahead with further branch closure programmes.

30 January 2023

News/retail

UK bank branch closures accelerate as NatWest drops the axe

NaWest is to shutter a further 23 branches, adding to a wave of closures announced by the UK big banks in the first month of the year.

26 January 2023

Company update/retail

Wahed opens branch in London

Wahed, a financial investment company that aims to advance financial inclusion through accessible, affordable, and values-based investing, today announced that it has opened a physical branch in Central London and launched a new debit card to help the UK’s 3.9 million Muslims manage their money.

25 January 2023

News/retail

Cashless Denmark records a year without bank robberies

Denmark's transition away from cash has seen the country record its first ever year in which it experienced zero bank robberies.

04 January 2023

News/retail

OneBanx raises £1.27 million on Crowdcube

Shared bank branch operator OneBanx has closed on a £1.27 million raise on Crowdcube.

15 December 2022

News/retail

Bank of Ireland to invest €11.5 million in branch network

After shuttering a third of its high street outlets last year, Bank of Ireland plans to invest €11.5m million across its remaining nationwide branch network in 2023.

14 December 2022

News/retail

HSBC to shut 114 more branches next year; offers free tablets to customers impacted

HSBC is to shutter 114 bank branches in the UK next year, as footfall on the high street declines further in the wake of the Covid pandemic.

30 November 2022

Company update/people

OneBanx names Lorraine Tanner as head of risk and compliance

Lorraine Tanner has joined the OneBanx leadership team as Head of Risk and Compliance as it gears up for the next stage of its development.

15 November 2022

Company update/retail

Auriga digital assistant makes debut

Auriga, a global software provider for the omnichannel banking and payments industry, today announced a significant development of its digital self-service branch solution Bank4Me.

31 October 2022

News/retail

Portugal's BPI opens VR branch

Portuguese bank BPI is entering the metaverse, opening a virtual reality branch that customers can visit through Meta's Oculus VR headset.

28 October 2022

News/startups

Lloyds launches fintech sandbox with NayaOne

UK high street bank Lloyds has stepped up its efforts to engage with fintechs with the release of its Innovation Sandbox supported by NayaOne.

19 October 2022

Company update/retail

ICICI opens digital banking hubs

ICICI Bank today announced the launch of four Digital Banking Units (DBUs) to offer banking services to its customers digitally. The launch is part of the government’s plan to set up 75 DBUs in as many districts to commemorate 75 years of India's independence.

17 October 2022

Company update/retail

Singaporeans need further nudge to adopt mobile banking - survey

Despite close to nine in 10 Singaporeans (88 per cent) use mobile banking at least a few times a month, many Singaporeans are still using ATMs and visiting bank branches.

14 October 2022