Tag Archives: Banking

Will bank branches on every street corner become a thing of the past?

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A 20% decrease in bank branch locations is expected over the next 10 years

We’ve all heard the catch phrase “bricks versus clicks.”  But have you considered the cost savings tied to bank branch evolution from bricks to clicks?

Simple math tells an astonishing story: the cost per transaction through a bank teller is $8.00; the cost per transaction via a mobile app is $0.08.  Mobile deposit, transferring and banking has changed the… Read More

Technology is redefining financial services real estate

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Fintech, omni-channel strategies are re-shaping real estate demands, re-defining financial centers

As banks continue to recover from the last financial crisis they also face heightened regulation, potential for security breaches and a squeeze on expenses. According to JLL’s North American Banking Outlook, this is having a major impact on their real estate decisions. While banks still represent the largest occupiers of trophy Class A office space in most major cities, the financial… Read More