Branch expansion and the role of AI
Even in today’s digital world, financial institutions have not given up on their branch networks, in part because physical branches are still seen as a trust point for consumers. ...
Tag: Bank branches
Fifth Third expands branch network, doubles down on tech
Fifth Third Bank is expanding its branch network in the Southeast and doubling down on its tech investments to grow ...
Wells shrinks branches as mobile usership jumps
Wells Fargo pulled back on its branch footprint as digital and mobile banking adoption climbed in the first quarter. “Our ...
Academy Bank’s AI playbook
Academy Bank is investing in AI this year to ensure that its operations are more efficient and more useful for ...
Deutsche Bank shifts branch strategy amid digital adoption
Deutsche Bank completed the IT migration of financial institution Postbank to its network during the third quarter and has decided ...
Digitalization allows U.S. Bank to expand reach
U.S. Bank’s investment in digitalization has enabled it to reach beyond its branch network as it plans to expand to ...
Combining physical and digital, a new era of bank branches
Banks are shuttering physical locations as digital and mobile banking adoption rises and footfall in branches dwindles. According to ...
SVB’s integration with FCB going ‘better than expected’
Silicon Valley Bank’s integration with First Citizens Bank is going “better than expected.” Acquiring Silicon Valley Bank (SVB) in ...
Huntington mitigates spending in Q1
Huntington Bancshares continued its efficiencies push during the first quarter, saying it plans to keep expenses at a 1% to ...
Bankers are turning bearish on branch networks
The Covid-19 pandemic accelerated a shift toward digital services in banking, a trend that may sound the death knell for ...
