Bank mergers are on the rise, which could also mean an uptick in bank branch closures. That’s according to a report Saturday (April 4) from The Street, which cites S&P Global data showing that bank merger and acquisition deals picked up last year and are...
Truist is investing in its physical bank branches as it targets more affluent clients. The lender announced Wednesday (Aug. 20) that it will open 100 new branches and renovate 300 more in cities around the country, including Philadelphia, Dallas, Atlanta, Austin, Miami and Washington, all areas with the...
Bank of America plans to open 150 new locations by the end of 2027. The new locations will be spread across 60 markets, the banking giant said in its announcement Tuesday (May 13). The plan calls for opening 40 new “financial centers,” as the lender calls its branches,...
British lender Lloyds is closing 136 branches as its customers choose digital financing services. The closures will affect 61 Lloyds branches as well as 61 Halifax and 14 Bank of Scotland locations between May this year and March 2026, the Financial Times (FT) reported Wednesday (Jan. 29)....
August 12, 2024
New input from the Federal Deposit Insurance Corp. (FDIC) is poised to pave the way for more “branchless banking” — through interactive teller machines that can, conceivably, amp up competition between smaller banks and their larger counterparts. In a Friday (Aug. 9) financial institution letter, the FDIC said that state nonmember banks won’t need the […]
February 13, 2020
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 Karen Webster, Douglas Brown, senior...
May 10, 2019
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, it has changed the face...
February 26, 2019
Trust is inherent in banking, and has been since the beginning, when people decided to store coins and bills in vaults. Entersekt SVP of North America Sherif Samy explains why pairing...
April 05, 2026
Bank mergers are on the rise, which could also mean an uptick in bank branch closures. That’s according to a report Saturday (April 4) from The Street, which cites S&P Global data showing that bank merger and acquisition deals picked up last year and are on pace to continue into this year. The report noted […]
August 20, 2025
Truist is investing in its physical bank branches as it targets more affluent clients. The lender announced Wednesday (Aug. 20) that it will open 100 new branches and renovate 300 more in cities...
May 13, 2025
Bank of America plans to open 150 new locations by the end of 2027. The new locations will be spread across 60 markets, the banking giant said in its announcement Tuesday (May 13)....
January 29, 2025
British lender Lloyds is closing 136 branches as its customers choose digital financing services. The closures will affect 61 Lloyds branches as well as 61 Halifax and 14 Bank of Scotland locations...