PNC Bank to invest further $500m to expand US branch network
PNC’s total investment in branch expansion is set to be $1.5 billion over the next 5 years.
PNC’s total investment in branch expansion is set to be $1.5 billion over the next 5 years.
The Travelex ATM network is to be replaced with NCR SelfServ and NCR Vision.
If banking were a race, it would be an ultramarathon. It’s better to be slow and steady like the tortoise.
Current account switching is on the rise. But what factors are driving consumers to switch?
Since starting its financial centre expansion drive in 2014, BofA has invested over $5 billion in the initiative.
Despite the overall downward trend, a lot of cash is still being withdrawn and used in circulation.
FinovateSpring 2024 concluded on Thursday after a day filled with thought-provoking panels and keynotes.
In this episode of the podcast, we’re joined by Sonali Divilek, Head of Digital at Chase.
Supermarkets across the globe continue to embrace fintech partnerships to power their financial services.
Nationwide currently operates a 1,200-strong ATM network across the UK.
Cover story: CREATIVE THINKING – How a borefest could lead to the best ideas.
Over time, the transactional aspects of banking have been solved, but not the emotional ones.
PNC plans to renovate more than 1,200 existing locations and open more than 100 new branches by 2028.
The bank also plans to renovate more than 1,700 existing locations across the US.
The bank is due to cut around 800 jobs as it looks to save up to £50 million per year in costs.
The bank is reportedly planning to close around 250 of its 550 Postbank branches within the next three years.
In the UK, 3.1 million adults use cash to pay “for everything or most things”.
David Morris discusses automation, its impact on customer service and the changing nature of branch-based banking.
The irony of the next wave of tech advancement is that it may force us back into focusing on the real world.
CreditX will enable Sathapana Bank to build “high quality” credit risk scorecards and accelerate client onboarding.
The challenger has raised more than $20 million in its initial round of funding.
With the partnership, the bank aims to retain existing client deposits and attract new retail bank customers.
The partnership will see the bank leverage Google Cloud’s cloud computing, data analytics and AI/ML capabilities.
JP Morgan has assumed all deposits – insured and uninsured – worth approximately $92 billion from the FDIC.
The omnichannel digital onboarding solution has been built using Codebase’s Digibanc platform.
In this podcast episode, we’re joined by Locality Bank’s Keith Costello to discuss the Banking Tech Awards USA.
Michigan’s First Community Bank, Florida’s Sunrise Bank, and Arkansas’ Today’s Bank have selected Jack Henry’s tech.
The PRA says Carlos Abarca breached its senior manager conduct rules.
With the finite resources of a small bank, credit union or building society, the future could be daunting.
Onfido’s solution allows The Co-operative to meet regulatory requirements and customer preferences.
The FDIC will continue to provide crypto-related deposits directly to customers.
Retailers, service providers and banks “can build up a presence in Web3”, using a modular design method.
A further nine banking hubs and six deposit services have been recommended by Link.
The credit union will have access to the full suite of ATM capabilities offered by NCR’s ATMaaS solution.
NetGuardians says building out an “anti-fraud culture” is essential to the growth of pan-African banking.
Branch closures hurt not only consumers, but also small businesses and their local communities.
In this episode, we’re joined by Amreen Sodhi, head of digital product, payments and loyalty at Scotiabank.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
HSBC cites customer migration to digital banking as a reason for the closures.
The self-service kiosks can issue international debit cards in under two minutes.