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Volante Technologies: AI, Crypto, and Modern Banking Innovation
Deepak Gupta from Volante Technologies alongside Gretchen Rodríguez from TD and Margaret Mayer from Zions […]
1 in 4 bank branches will close across Europe in next 3 years, according to Kearney analysis
Analysis from global consultancy partnership Kearney predicts that 25% of bank branches will close across Europe in the next three years as new customer habits around digital banking, forced by the pandemic, become permanent. This is a sharp increase in the ongoing trend of bank branch closures across Europe, which saw 35% branch closures in the last ten years
European retail banks need to reduce costs by over £30 billion to survive the pandemic, says Kearney
Banks will need to save nearly £70 per customer and swiftly digitise to weather the impact
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