19 April 2018

Latest branch banking news

China Construction Bank puts robots in charge of branch
Retail banking

China Construction Bank puts robots in charge of branch

18 April 2018  |  4222 views  |  0 comments | 17 tweets | 11 linkedin

China Construction Bank has opened a Shanghai branch staffed by robots and packed with facial recognition, artificial intelligence and virtual reality technology.

Lloyds to shed 305 jobs; chop 49 branches
Retail banking

Lloyds to shed 305 jobs; chop 49 branches

17 April 2018  |  3556 views  |  0 comments | 4 tweets | 1 linkedin

Lloyds Bank is to lay off 305 staff and shutter 49 bank branches in an ongoing programme aimed at slashing costs.

KBC makes some branches unmanned
Retail banking

KBC makes some branches unmanned

28 March 2018  |  5202 views  |  0 comments | 4 linkedin

As customers continue to migrate to digital channels, Belgium's KBC branch is closing eight of its branches in Flanders and making another 66 employee-free.

Nationwide gives branches a makeover
Mobile & online

Nationwide gives branches a makeover

22 March 2018  |  5857 views  |  0 comments | 4 tweets | 5 linkedin

Nationwide Building Society has joined the branch-makeover stampede, calling in design agency Dalziel & Pow to create a tech-packed coffee shop vibe.

Strictly judge Len Goodman graduates from Santander's Scam Avoidance School
Retail banking

Strictly judge Len Goodman graduates from Santander's Scam Avoidance School

16 March 2018  |  9834 views  |  0 comments | 4 tweets | 2 linkedin

Former Strictly Come Dancing head judge Len Goodman has become the first graduate of the Scam Avoidance School (SAS), a new in-branch initiative from Santander designed to help the over 60s beat fraudsters.

JPMorgan-backed FinLab competition calls for applications from women and people of colour

The Financial Solutions Lab (FinLab), an innovation programme backed by JPMorgan Chase, is looking to make fintech a little less male and white, calling on entrepreneurs of colour, women and people with disabilities to take up its latest challenge to develop products that can support under-represented communities - and, in the process, bag a slice of a $3 million prize fund.

BofA to open 500 new branches
Retail banking

BofA to open 500 new branches

27 February 2018  |  4982 views  |  0 comments | 7 tweets | 9 linkedin

Bank of America is planning to open more than 500 branches over the next four years as part of a programme that will see another 1500 sites revamped with new technology.

OCBC Bank scans customer faces for personalised service at the branch
Retail banking

OCBC Bank scans customer faces for personalised service at the branch

14 February 2018  |  4596 views  |  0 comments | 6 tweets | 13 linkedin

OCBC Bank is introducing facial recognition at its branches to identity high-rolling customers as they approach the service desks.

RBS gives closure-threatened Scottish branches a reprieve
Retail banking

RBS gives closure-threatened Scottish branches a reprieve

06 February 2018  |  2855 views  |  0 comments | 2 tweets | 2 linkedin

Royal Bank of Scotland has granted a stay of execution to 10 Scottish branches that had been fingered for the chop.

JPMorgan Chase to open 400 new branches
Retail banking

JPMorgan Chase to open 400 new branches

24 January 2018  |  6111 views  |  1 comments | 9 tweets | 9 linkedin

JPMorgan Chase is to open 400 new branches employing 3000 people over the next five years as part of a $20 billion investment programme that will also bump up staff salaries by ten percent.

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