18 IN BRIEF


NEWS


Barclays is trailing Amazon delivery lockers in some of its London branches, enabling


the e-tailer’s customers to pick up packages. If successful, the bank could extend this across its UK network. Amazon already has hundreds of Click and Collect sites around the country, teaming up with the likes of the Post Office and companies like Doddle, but the Barclays scheme represents the first time it has used bank branches.


The initiative is part of an effort by Barclays to keep its High Street presence relevant in a digital world. Branch banking is shrinking across the UK, as customers shift online. Around 2,400 branches could close over the next five years, taking the total number of High Street sites to below 7,500, according to McKinsey research.


Scott Thompson


NewB enlists PFS for ethical banking initiative


www.ibsintelligence.com © IBS Intelligence 2016


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60