Digital banking articles
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Macquarie Bank ditches cash at all branches and goes ‘fully digital’
By Freddy Pawle and Peter Vincent for Daily Mail Australia Published: 8:31 p.m. EDT, May 1, 2024 | Updated: 9:56 p.m. EDT, May 1, 2024 One of Australia's largest banks is eliminating cash in all branches and switching entirely to “digital-only” services. Macquarie Bank customers will no longer be able to access over-the-counter services or order new checkbooks from May 20.The bank's automated phone banking...
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Macquarie Bank ditches cash at all branches and goes 'completely digital'
One of Australia's largest banks is ditching cash at all of its branches as it shifts towards 'digital-only' services.
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Earnings Put Spotlight on Banks’ Full-Scale Digital Transformation
The shift toward digital channels in financial services shows no signs of slowing down, as evidenced by the latest earnings results from incumbent banks and financial services providers. During the first quarter, Bank of America logged a staggering 3.4 billion digital logins, with digital sales accounting for half of its total sales, as outlined in its earnings supplementals […]