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At a time when customers are rapidly switching to digital banking, scores of branches are closing. But many institutions — mindful that brick-and-mortar locations remain a critical sales channel — are also experimenting with physical layouts that are focused on technology and generally smaller than traditional branches. In some cases, they have even done away with employees. Here is a look at some of the designs that banks have built as they seek to fuse the physical with the digital.
March 23 -
Accenture has agreed to acquire First Annapolis Consulting in an effort to add payments expertise in several international markets.
March 23 -
NBT Bancorp has spent the last few years introducing digital banking features intended to reach a broad audience.
March 23 -
Brave, founded by JavaScript creator and former Mozilla CEO Brendan Eich, intends to issue a cryptocurrency to fund the development of a new way to buy and view digital ads.
March 23 -
Coinbase has received approval from the New York State Department of Financial Services to offer trading of the digital currency ether, along with other products.
March 22 -
Live Oak Bank, known for streamlining the lending process, has turned its attention to fixing its patchwork approach to cybersecurity.
March 22 -
Retail-focused Provident Bank has added an on/off switch that allows customers to suspend their debit cards. A few big banks rolled out similar features last year.
March 21 -
The German bank said the new space will help its 7,000 bankers in New York connect with startups.
March 21 -
Experian and Finicity have released a product that aims to speed up decisions on mortgage applications, using financial data aggregation technology.
March 20 -
David Cotney, former Massachusetts banking commissioner, will guide compliance for the New Jersey bank, a critical partner for many fintech startups.
March 20