BBA: The era of bank branches is dead

[SueEllen]

One of my banks doesn't have "branches" they have "stores"

At the "stores" they can sort out bank cards, passwords etc there and then.

[Sysman]

Quite an interesting article on the future of branch banking:

BBA: The era of bank branches is dead | News | Mortgage Strategy

Browne says: “The way we bank now is far easier and faster.”

Translation: "It's cheaper for the banks".

It's still far easier for me to slap a bill on a post office counter and pay with cash than go through the rigmarole of logging in and fielding security questions, and then having to bash in all the details, double check them, press confirm, then the following business day go through the login palaver to get the downloaded CSV, import that to a spreadsheet, put it in my accounts etc. etc.

And I'm one who has got that process fairly well automated.

[Mich the Tester]

Quite an interesting article on the future of branch banking:

BBA: The era of bank branches is dead | News | Mortgage Strategy

Of course, because lending money to people you don't know, by managers who only look at some set of numbers without ever actually getting to know a customer, has worked so well up to now.

[The Spartan]

The problem with that is some people just don't trust doing things online like my father-in-law, I use online banking all the time but I must admit I don't like all this business about making payments to a wrong account you have to get the account holder to agree to refund it back to you. Besides that as well they still haven't found a way to combat online and card fraud.

[Martin@AS Financial]

Quite an interesting article on the future of branch banking:

BBA: The era of bank branches is dead | News | Mortgage Strategy