PNC now plans to spend $1.5B as branch expansion doubled
PNC Financial Services Group Inc. said it will spend $500 million more than originally planned to double its branch expansion ...
Tag: branch banking
U.S. Bank invests in branch modernization in Q3
U.S. Bank increased its technology spend in the third quarter to further digitalize capabilities within its branch network. “Our strategy ...
The bank branch isn’t dead — it’s evolving
On the heels of a tumultuous spring that saw three of the four largest bank failures in U.S. history — ...
U.S. Bank Reaching Beyond Branches as 71% of Active Customers Are Now Digital
Coming off the launch of a revamped mobile app and the hiring of the bank's first chief digital officer, U.S. ...
JPMorgan Chase’s Tech Spending to Flatten, CFO Says
JPMorgan Chase's technology spending is expected to level out moving forward as the bank modernizes and more processes are digitalized, ...
Bank Branches Embrace New Strategies as Closures Abound
The migration of consumers to online and mobile banking options, in addition to automation and other technological forces, has helped ...
Wells Fargo’s 4Q Performance a Mixed Bag, But Reflects More Digital Migration
Wells Fargo & Company saw modest growth in online and mobile customers in its fourth quarter earnings report released today. The ...
NCR and Diebold’s Troubles Point to the Decline of ATMs (and Cash?)
NCR Corp. and Diebold Nixdorf Inc. reported earnings in the last few weeks, and it wasn't pretty. "Hardware revenue was ...
Inside Citigroup’s Digital-First Strategy
PREMIUM — Citigroup has implemented a digital-heavy, branch-light business approach that extends beyond its National Digital Bank platform, announced in ...
BofA Will Add 500 New Locations and Redesigns Old Ones With More Tech
Bank of America will open 500 new branches in the United States over the course of the next four years, ...
