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Digital-First Banking Branches Out

PYMNTS

How important are humans to your retail banking experience? It’s a fair question given that ATMs and mobile banking can now make the whole “teller in a window” thing disappear permanently. It looked like bank branches were teetering on the brink, with net closures of retail locations consistently ahead of new branch openings.

ATM 191
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Why modernization is important in retail banking

NCR

But in industries like retail banking, where technology is at the heart of change, staying still is more likely to be one of the biggest risks a financial institution (FI) could take, such is the anticipated pace of change in the next few years. Some businesses might view investing in modernization and innovation as a risk.

Retail 75
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Hypur To Offer Digital Payments For Cannabis Firms With CU Partnership

PYMNTS

The collaboration builds on Hypur’s extensive network of financial institutions (FIs), according to an announcement. . Hypur will bolster Salal’s network of cannabis retailers and wholesalers via different digital payment offerings.

Payments 181
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Celent Model Bank Awards 2017: Banking Products Innovation

Celent Banking

New digital channels include SMS/text, ATM and Facebook. Lending: Possibly threatened by alternative lenders, banks in this sub-category are improving the speed and convenience of loans for micro and small businesses. Some entries focused on expanding application channels, both digital and physical.

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Celent Model Bank Awards 2017: Banking Products Innovation

Celent Banking

New digital channels include SMS/text, ATM and Facebook. Lending: Possibly threatened by alternative lenders, banks in this sub-category are improving the speed and convenience of loans for micro and small businesses. Some entries focused on expanding application channels, both digital and physical.

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Is a cashless future all that it seems?

NCR

billion cash withdrawals annually at UK ATMs that amount to almost £6,000 GBP every second! It would therefore seem to be “full steam ahead” with banks and the financial technology industry and media on the benefits of cashless, when reading many of these articles. Million (Retail Banking Research 2015).

ATM 40
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How close are we really to a cashless society?

NCR

The financial technology media is continually full of facts and figures on how many consumer transactions these days are completed in a cashless manner – with a swipe of a card, by using contactless or online. The continued demand for cash is reflected in the fact the ATM install base continues to grow.

ATM 40