PYMNTS-MonitorEdge-May-2024

Bank Branches

The Many Answers To ‘What Is A Bank?’
The Many Answers To ‘What Is A Bank?’
April 13, 2020  |  Banking

The definition of a bank was more or less unchanged for centuries. Then, within a matter of a few years, the old definitions have become...

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How To Compete With Banks: Start With First Principles
How To Compete With Banks: Start With First Principles
March 09, 2020  |  Banking

Aristotle may have originated the notion of first principles thousands of years ago, but it would take Elon Musk to add a contemporary business flair to...

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New York Leads US In Bank Branch Closures
New York Leads US In Bank Branch Closures
February 19, 2020  |  Banking

Banks across the U.S. are closing branches, but the New York area is seeing more closures than most, Bloomberg reported on Wednesday (Feb. 19). The...

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NCR: How Platforms Enable Banks To Be ‘Digital-First’ Fast
NCR: How Platforms Enable Banks To Be ‘Digital-First’ Fast
February 13, 2020  |  Digital Banking

To bring digital transformation to banks, and to help them bring their assets to the “digital-first” consumer, look to the platform. In an interview with...

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BMO’s Digital-First Transformation Unlocks Operational Efficiencies
BMO’s Digital-First Transformation Unlocks Operational Efficiencies
January 30, 2020  |  Digital Banking

Bank customers increasingly prefer self-service transactions over branch visits, and financial institutions (FIs) are meeting them where there. Investments in features — such as remote...

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BMO On Taking A Digital-First Approach To Retail Banking
BMO On Taking A Digital-First Approach To Retail Banking
January 29, 2020  |  Digital Banking

In-branch banking still plays an important role in customers’ financial lives, despite the growing popularity of mobile and online banking. A recent study found that...

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Bank Branch Closings Take Toll On Rural Communities 
Bank Branch Closings Take Toll On Rural Communities 
November 26, 2019  |  Banking

More than half of the 3,114 counties in the U.S. lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the...

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Barclays’ New Luxembourg Branch To Cater To Global Corporates
Barclays’ New Luxembourg Branch To Cater To Global Corporates
November 26, 2019  |  Banking

Barclays has announced the launch of a new branch in Luxembourg that will provide multinational clients with transaction banking services. The branch, to be led...

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People And Bank Automation — An ‘And’ Not An ‘Or’
People And Bank Automation — An ‘And’ Not An ‘Or’
May 10, 2019  |  Banking

It is hard to argue, after five decades in existence, that the ATM hasn’t been an overwhelming success as financial products go — in fact,...

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