UK parliamentary group on challengers calls for financial services “big bang”
The APPG says reforms in the sector could support the government’s levelling-up agenda.
The APPG says reforms in the sector could support the government’s levelling-up agenda.
The results are from a survey carried out between July 2021 and June 2022 by market research firm Ipsos.
The move forms part of the bank’s digital transformation efforts.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
48 Lloyds Bank and 18 Halifax branches are set to shut between October and January of next year.
Myanmar’s Yoma Bank has replaced its in-house processing centre with Compass Plus’ TranzAxis.
Temenos’ front-to-back office technology will be delivered in the cloud.
Together, Eltropy and POPi/o serve more than 400 credit unions in the US.
As customers increasingly bank digitally, Barclays is “carefully reducing” the number of underused branches.
Economic secretary to the Treasury John Glen says: “We know that access to cash is still vital for many people.”
Langley FCU will replace its entire ATM fleet with new DN Series devices.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Of the 60 closures, 24 are Lloyds Bank branches, 19 are Bank of Scotland and 17 are Halifax.
Ensuring that your branch workforce is optimised is an essential part of managing today’s challenging banking environment.
Our pick of the top news stories from the world of finance and tech this week.
HSBC says no planned closures are the last bank branch in town.
The UK banking giant says it has taken steps to mitigate the impact of the closures.
UK bank will look to utilise nCino’s end-to-end cloud-based platform.
Unibo raised €500,000 in a seed round in November last year.
Many lendtechs are looking to leverage the digital revolution to help drive post-pandemic recovery in the UK.
The partnership will see 1,000 Smart Cash franchises opened in underbanked areas.
Ameris Bank resources will allow Balboa to expand its offering, says Balboa CEO.
The investment from Tencent and UK development finance institution CDC brought in an additional $70 million.
Diebold Nixdorf will deploy its services across ACLEDA’s 262 branches.
Over 90% of customer transactions are now carried out digitally, the bank says.
The project is partly driven by predicted strong growth in mobile transactions in Vietnam.
The cash will go towards enhancing Allica’s proprietary technology and client support.
Deal will bring the challenger bank around 2,000 SME customers.
The locally-owned bank has selected CSI’s NuPoint core platform.
Lloyds Bank, Halifax and Bank of Scotland have seemingly experienced service disruption.
Acquisition intended to accelerate Oportun’s expansion plans by three to five years.
The supplier’s AgileReporter platform forms part of the UK regional bank’s tech stack.
The Spanish bank says that its board has rejected the approach.
The cash will go towards product development, hiring new staff and investing in marketing and sales.
How Unitus CU achieved a higher satisfaction rating for its “virtual branch” than any physical branch experience.
Fusion Phoenix is key to the bank’s strategy to attract younger customers.
Bank ABC operates across the Middle East, North Africa, Europe, the Americas and Asia.
The savings and mortgage lender has more than 2,700 employees and 1.8 million members.
Deutsche Bank’s acquisition will expand its product range and market share in online payments in Germany.
The new partnership will see the international bank begin to offer digital banking services to UK customers.