Branch banking

The San Francisco bank said Friday that it plans to close at least 400 branches over the next two years, part of an effort to reduce annual expenses by $2 billion.

Violations of Bank Secrecy Act and anti-money-laundering compliance remain a hot topic for financial institutions as regulators can bar them from branch building and bank acquisitions. Here are some notable regulatory actions that are still unresolved.

While the rising interest rate environment has gotten a lot of attention, plenty of other factors will play a role in CUs’ financial fortunes in the year ahead, including a potential Dodd-Frank rollback, rising delinquencies and more.

Robins Financial recognizes trio of top employees, Numerica ramps up lending department and more CU professionals in the news.

Payment companies' efforts to modernize by connecting systems through partnerships and acquisition has invariably caused a chain reaction of competitive issues in the eyes of regulators.

The growth of digital channels is changing bank M&A values, forcing buyers to focus less on branches and more on the volume of customer data.

Eight hostages were released and are all believed to be unharmed.

Dave Martin, founder of BankMechanics, shares his insights on sales culture, performance incentives, motivating employees to think about the long term, the future of branches, why in-store locations are harder to run than you think, and more.

Cardtronics has completed its acquisition of Canadian ATM operator DirectCash Payments.

When Diebold wrapped up its $1.8 billion Wincor Nixdorf acquisition last August, there was one asterisk on the deal: The U.K. Competition and Markets Authority (CMA)—which this week threw a flag on Mastercard’s proposed acquisition of VocaLink—wanted to explore whether the ATM network giants’ merger stifled local competition.

Mastercard's $900 million acquisition of British payment company VocaLink is under fire, as the U.K.'s Competition and Markets Authority contends the deal will give the card network an unfair advantage in ATM-related negotiations.

Cash machine transactions have held steady over the past three years, despite the rise of mobile and peer-to-peer payments, according to Andy Mattes, CEO of ATM manufacturer Diebold Nixdorf. "Consumers embrace all types of payment," Mattes says.

Consumers, particularly younger people, are placing an importance on being able to obtain a plastic card in a branch and use it right away.

Several community banks are turning their bright ideas into cold hard cash by selling or licensing products to other institutions.

After news of possible reductions in withdrawl limits, casino stocks suffered steep losses.

The veteran banker, who is taking the nonexecutive chairman post at Republic First Bancorp in Philadelphia after a long hiatus from the U.S. market, stands by the model he pioneered at Commerce despite a much-changed environment.

Lines are nothing new in Venezuela, where the economy is shattered. Now added to the indignities of daily life in a country desperately short on most everything except crime is the ATM hustle, as banks crack down on what customers can take out.

The credit union had asset of just over $76,000, and NCUA determined it was insolvent with no prospect for restoring viable operations.

A combination of slick technology and sleek design has led to the creation of a whole new take on the "branch of the future" at America First Credit Union.

Consumers flooded Twitter and downdetector.com with complaints that Bank of America's teller system was down Tuesday afternoon.