7 Results
Mark Aldred Head of Sales at Auriga
2024 is a year of multiple elections . Now the UK has been added to the list with its general election called for July 4th. This led me to think how much the loss of in-person banking services and the demand for better alternative solutions using new technology should be an election issue. Of course, there are bigger election issues but access to ...
30 May 2024 /retail /inclusion Banking
1. Collaboration made easy with platform-based ecosystems In this interconnected modular digital world, acting alone is too onerous for most companies. As such, working collaboratively to complement, adjust and support joint efforts is essential to leveraging digital ecosystems. This shift towards platform-based ecosystems is expected to gain mome...
01 February 2023 /retail /predictions Banking
On 26th July 2022, the FCA ended its consultation on whether its guidance on how banks close branch and ATMs services should be changed. This consultation was significant because it acknowledged current guidelines on these services were cut or altered were not working. So what should happen next? More Transparency From the FCA and the banks, we do...
28 July 2022 /retail /inclusion Financial Services Regulation
In a month's time, the UK government’s Access to Cash consultation will close. Ahead of the September 23rd deadline, the drumbeat of bank branch closures and loss of ATMs has not decreased. Most of the major banks like HSBC and Lloyds are shuttering more branches across the country this year, eliminating access to cash and quality financial s...
31 August 2021 /retail /inclusion Banking Strategy, Digital and Transformation
Three months into 2021 and we are seeing more bank branch closures on the cards with HSBC unveiling their plan to close branches. Of course, this isn’t unusual news. Legacy banks are suffering a perfect storm; massive reductions in customers utilising traditional banking channels and new entrants seizing market share with innovative digital only ...
18 March 2021 /retail /inclusion Banking Strategy, Digital and Transformation
COVID-19 and the lockdown has had a profound effect on all aspects of our economy and society. This includes banking and access to money. Indeed, as recently reported in Finextra, MPs wrote to the Chancellor and asked him to act now to protect the UK cash infrastructure from imminent collapse, as people shun ATMs due to the Covid-19 outbreak. Th...
18 June 2020 /retail /covid-19 Banking Strategy, Digital and Transformation
Does increasing use of technology need to mean that business and personal interactions will be increasingly anonymous and purely functional? I believe not, and that banks should be using technology as a way to build personal relationships, not eliminate them. It’s acknowledged that banks face mounting pressure to control costs. Customers are dem...
22 September 2016 /retail
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.