1062 articles tagged with this keyword
News/Branch banking
Arab National Bank is using technology from Postilion and Dynamic Card Solutions to upgrade its card management and issuance systems to meet EMV compliance demands and local Span2 payment processing regulations.
09 February 2009
ANZ National has been forced to put plans to migrate all customer accounts to a single processing system on ice after costs spiralled, according to local press reports.
04 February 2009
UK supermarket Tesco has received full approval from the Financial Services Authority for its takeover of the chain's personal finance arm, and poached retail banking chief Paulette Rowe from former partner Royal Bank of Scotland to head its marketing operations.
19 December 2008
Barclays Bank has become the first bank in Europe to pilot Microsoft's Surface technology at a groundbreaking new branch in London that takes its inspiration from leading retailers such as Apple and Nike.
Madhav Nagrik Sahakari Bank, a co-operative in the Indian state of Rajasthan, has inked a five year IT outsourcing deal with IBM to support its move into Internet and mobile banking.
15 December 2008
India's Punjab National Bank (PNB) is set to roll out the Finacle universal banking system from Infosys across six regional rural banks (RRBs) covering 1300 branches.
12 December 2008
Banking giant HSBC is axing around 500 UK jobs - including IT positions - following a review of the "current economic conditions" in a move branded a "disgrace" by finance sector union Unite.
01 December 2008
NCR has employed Microsoft's multi-touch screen Surface technology to develop a prototype offering it hopes will be the future of in-branch bank transactions.
19 November 2008
Swiss vendor Temenos has signed Dominican Republic-based The Popular Association for Savings and Loans (APAP) to its T24 core banking platform.
18 November 2008
Lloyds TSB says it expects to reap £1.5 billion in annual savings from consolidation of technology, branch closures and job cuts as part of its mega merger with distressed high street rival HBOS.
03 November 2008
HSBC Bank USA says ongoing efforts to realign its organisation will result in the loss of 232 branch and call centre jobs in New York state.
17 October 2008
Commonwealth Bank of Australia (CBA) says BankWest - which it is acquiring from Britain's Hbos - will be included in the overhaul of its core banking operations.
09 October 2008
Deutsche Bank is axing 1100 back office jobs under a restructuring programme that will see the German bank focus on boosting its retail business by opening 400 new branches in its core European markets over the next four years.
Citigroup is targeting $3 billion of consolidation synergies from its acquisition of debt-hit bank Wachovia under a loss-sharing deal brokered by the Federal Deposit Insurance Corporation (FDIC).
29 September 2008
JPMorgan Chase plans to complete systems integration and rebranding of Washington Mutual by year-end 2010, closing less than 10% of branches in the combined network in overlapping markets as it looks to extend its footprint into new territories.
26 September 2008
ANZ is looking to reduce staff numbers at its branches in New Zealand in response to increased customer use of direct channels such as the telephone and the Internet.
25 September 2008
Scandinavian bank Nordea is to open a network of branches within Stockmann's department stores in Finland.
22 September 2008
Researchers have compromised the security of over 1000 US bank branches in a series of physical and virtual heists that involved "stealing" the personal data of bank customers.
10 September 2008
US ATM manufacturer NCR has acquired NCI, a UK-based provider of teller connectivity software to financial institutions in North America and Europe. Financial terms of the deal were not disclosed.
21 August 2008
Internal restructuring has resulted in banks shedding far more staff than the outsourcing of functions to offshore centres, according to a European study by Deutsche Bank.
11 August 2008
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