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Branch closures accelerate in local UK communities
A little over five years ago, the seaside town of Westcliff-on-Sea boasted a Halifax, Barclays, NatWest and HSBC bank branch. Douglas Blakey writes
Israels Bank Leumi to venture into P2P loan market
Israeli lender Bank Leumi, part of Leumi Group, is reportedly set to venture into the P2P (peer-to-peer) loan market.
BIAN designs global standard for core banking technology
The Banking Industry Architecture Network (BIAN), an independent not-for-profit association, has completed the development of a globally standardised IT architecture design for banks.
Accenture, Moven collaborate to develop new digital banking platforms
Moven, a banking service that provides real-time behavioural feedback to customers, has signed a services agreement with Accenture to develop new digital banking solutions.
Bank Mutual to shutter 10% of branch network
Bank Mutual, which primarily operates in the US state of Wisconsin, is planning to close 10% of its branch network on May 16, 2015, reported BizTimes.com.
DBS Bank seeks RBI nod to set up unit in India
Singapore-based DBS Bank has applied to the Reserve Bank of India to set up a local subsidiary to boost its banking business in Asia's third-largest economy.
Customers retail banking experience falls again
Capgemini and Efmas twelfth annual World Retail Banking Report (WRBR) reported that, for the second year in a row, customer satisfaction has fallen and improvement in global retail bank customer experience is stagnating. What has caused this and how can banks pick up their game? Patrick Brusnahan reports
United we stand, branch out and deliver
Singapores United Overseas Bank enlisted allen international to help draw up a branch concept unique to the Singaporean market. Consumer engagement, staff development and state of the art technologies all combined to put a new face to a well known name. Anna Milne speaks to design director Keith Holmes
Deloitte partners with nCino to accelerate innovation in banking industry
Deloitte Digital, a digital consulting agency within Deloitte Consulting, in collaboration with nCino, a cloud-based operating solutions provider to the financial services industry, has launched nCino Delivery Center of Excellence to accelerate innovation in the banking sector.
HSBC may pick buyer for Brazilian unit in June- report
British banking giant HSBC is expected to pick buyer for its unprofitable Brazilian banking unit in mid-June 2015.
German court asks Heta to pay EUR2.3bn to BayernLB
A German court has ordered Heta, a bad bank established to deal with Austrian lender Hypo Alpe Adria, to pay German lender BayernLB about EUR2.3bn.
Real time payments: The need for speed
What stage is the global transition towards real time payments at? What are the drivers, hindrances, how long will it take and what are the different countries priorities? SWIFT is on a mission to support faster payments implementation across markets with a scalable, replicable solution. Anna Milne writes
UK slashes stake in Lloyds to below 20%
The Britain government cut its stake in state-rescued Lloyds Banking Group to just below 20% after offloading another chunk of shares worth £500m.
RBI Asia Trailblazer Summit 2015: Positioning a digital strategy for the future success of banks
Retail Banker International hosted its seventh annual RBI Asia Trailblazer Summit at the Carlton Hotel in Singapore. Bringing together senior retail banking executives to discuss the future strategies for the region, Sruti Rao reports on the takeaways from the conference and the winners of the annual awards
Embracing technology
Digital advancement means consumers today connect with what they want, where and when they want, and they increasingly expect instant gratification. Gemaltos Howard Berg comments on this trend
Visa: 50% of transactions to be mobile by 2020
With Apple attracting attention towards the mobile wallets and payments, many mobile solution providers are looking for ways to take advantage of this interest spike. One of these is international payments giant Visa, which expects half of all transactions to be mobile by 2020. Patrick Brusnahan talks to Visa
Finpacific, Misys partner to offer treasury and risk solutions for Australian market
Finpacific Treasury Systems, a Sydney-based treasury, risk and cashflow management solutions provider, has joined Misys InFusion Partner Programme to offer treasury and risk solutions for Australian market.
J.C. Flowers to offload 6.5% stake in UK's OneSavings Bank
American private equity investment firm J.C. Flowers is reportedly planning to sell about 15.7 million shares in Britain's OneSavings Bank, representing about 6.5% of the stake.
New British bank Atom aims for 5% market share by 2020
New British banking venture Atom Bank is eyeing a 5% share of the personal current or checking account market in Britain over the next five years, the banks CEO Mark Mullen said.
CaixaBank creates Spains maiden banking app for Apple Watch
Spanish lender CaixaBank has created a banking application for the smart wearable device Apple Watch.
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