Showing posts with label internet banking. Show all posts
Showing posts with label internet banking. Show all posts
Sunday 2 November 2014
Lloyds closures highlight shift to digital banking
From Banking Technology
“Lloyds Banking Group’s decision to close 200 branches and axe 9,000 staff was to be expected – but the firm’s digital plans highlight the changing nature of retail banking and the bank branch in general.
The closures will bring the total headcount lost at the firm to 43,000 since 2008. The bank identified reduced demand for branch services and a slide of consumer interaction towards mobile internet as the drivers for the decision, which will be implemented over the next three years. Lloyds also plans to open 50 new branches in the next three years, at the same time as the closures in other areas.
The bank also abandoned a prior promise to keep the last bank branch open in small towns that would otherwise lack one.”
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Labels:
bank branch,
banks,
digital banking,
internet banking,
online banking,
technology
Tuesday 20 May 2014
St George Bank to 'decommission' online banking for mobile
From ZD Net
“St George Bank was the first Australian bank to launch internet banking in Australia in 1995, but it also plans to be the first bank to deactivate the service and instead integrate its mobile banking platform across all of its channels.
St George Bank CIO, Dhiren Kulkarni, told ZDNet the bank has developed out a framework where by 2015 it plans to be a "mobile only" bank.’
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Labels:
Australia,
bank,
internet banking,
mobile banking
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