Branch banking

1098 articles tagged with this keyword

/retail

Deutsche Bank to close 250 Postbank branches

Deutsche Bank will close about 250 of 550 Postbank branches over the next three years as it works to turn the unit into a "mobile-first" provider.

/retail

77 Bank digitises branch customer service with Fujitsu tech

Fujitsu today announced the development of a system that allows customers to easily complete transactions in a concise manner at all branches of the 77 Bank, Ltd. (1) (hereinafter, the 77 Bank) using an “in-store tablet” that utilizes Fujitsu's Customer Engagement Solution CHORDSHIP (hereinafter, CHORDSHIP) built on cloud. Its introduction was recently completed at all of the 77 Bank’s branches in Japan for used since September 2023.

/retail

Nationwide overtakes major banks for branch-based banking

As other banks take the axe to their branch network, Nationwide Building Society's longstanding commitment to the high street means it now has the largest number of branches in the UK.

/retail

Westpac completes branch integration project

Westpac customers can now visit any Westpac, St George, BankSA or Bank of Melbourne branch across Australia for their cash transactions following the rollout of new technology which connects our branch network across the country.

/retail

Lloyds draws the blinds on more branches

Lloyds Banking Group has revealed 35 new branch closures, drawing a line under the provision of face-to-face services in 155 sites in total by the end of 2023 and 75 in 2024.

/retail

Over two million Bank of Ireland transactions carried out at Post Offices

Bank of Ireland customers have conducted 2.35 million banking transactions, with over €1 billion in cash transactions, in post offices nationwide since the launch of the Banks’s partnership with An Post two years ago.

/security

Minister orders review after Bank of Ireland IT glitch

Ireland's minister for finance has called for an investigation into the robustness of banking technology infrastructure after a technical glitch with Bank of Ireland's (BoI) mobile banking app enabled customers to seemingly withdraw free money.

/retail

Lloyds to close more branches

Lloyds Banking Group has revealed 44 new branch closures, drawing a line under the provision of face-to-face services in 155 branches in total by the end of 2023 and 40 in 2024.

/startups

Bank of India opens startup-focused branches

Bank of India has opened three branches dedicated to serving the country's startup companies.

/retail

Virgin Money to axe 30% of branch network

Virgin Money is joining the banking exodus from the high street, closing over 30% of its bank branches with the loss of 260 jobs.

/retail

NatWest to shutter 143 branches in 2023

NatWest Group is to bring the shutters down on a further 36 branches, bringing the running toal for the year to 143, with a further two sites already earmarked for closure in 2024.

/retail

CBA to keep all regional Australian branches open until 2026

Commonwealth Bank is maintaining banking services and employment in regional Australia by keeping all CBA regional branches open until at least the end of 2026, a three year extension on its current commitment.

/retail

Nationwide pledges not to leave any towns until 2026

Nationwide Building Society has renewed its branch promise to not leave any town or city in which it is based until at least 2026.

/retail

Age UK calls on banks to accelerate roll out of shared banking hubs

While bank branches continue to close, creating a growing number of ‘banking deserts’ across the country, new Ipsos research[ii] for Age UK has found that four in 10 older people (39 per cent) with a bank account in Britain – equivalent to 4.09 million people[iii] – are not managing their money online and could be at high risk of financial exclusion.

/regulation

Aussie regulator to delve deeper into bank branch closures

The Australian Prudential Regulation Authority (APRA) is launching a public consultation on its “points of presence” data – the data APRA collects and publishes on physical banking service channels in Australia.

/retail

Lloyds and NatWest close more branches

Lloyds Banking Group and NatWest are, between them, closing another 80 branches across the UK this year.

/retail

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.

/retail

Metro Bank to resume store expansion as losses narrow

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

/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.

/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.