{"id":8856,"date":"2018-03-07T08:00:29","date_gmt":"2018-03-07T08:00:29","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=8856"},"modified":"2018-03-07T06:31:09","modified_gmt":"2018-03-07T06:31:09","slug":"the-future-of-physical-bank-branches","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/the-future-of-physical-bank-branches\/","title":{"rendered":"The future of physical bank branches"},"content":{"rendered":"<p>The modern consumer has become accustomed to managing virtually everything from their smartphone, and they have come to expect the same from banking. As banks move to becoming nearly 100% digital in the services they offer, there will still be a need for bank branches as some financial decisions are more complex and have a meaningful long-term impact in the lives of customers. As such, customers need relationship managers and specialists who can provide them with advice and support in making critical financial decisions. This shift in what a bank branch does means that banks\u2019 physical branch networks are likely to be fewer, but with a focus more on helping clients with personalized advice. They will likely have the look and feel of a wealth management center rather than a bank branch as we typically imagine it.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-8856 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Deloitte Report Reveals the Future of Financial Services'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/deloitte-report-reveals-the-future-of-financial-services\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/04\/9b828778-5758-4aa4-a212-117a458d58f2-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15980\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15980'>\n\t\t\t\tDeloitte Report Reveals the Future of Financial Services\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='The FinTech bubble is about to burst'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-fintech-bubble-is-about-to-burst\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/01\/fintech-bubble-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14409\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14409'>\n\t\t\t\tThe FinTech bubble is about to burst\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='VTB Bank launches free SMS notification system in Armenia'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/vtb-bank-launches-free-sms-notification-system-in-armenia\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/VTB-Bank-launches-free-SMS-notification-system-in-Armenia-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-6896\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/VTB-Bank-launches-free-SMS-notification-system-in-Armenia-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/VTB-Bank-launches-free-SMS-notification-system-in-Armenia-100x100.jpg 100w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-6896'>\n\t\t\t\tVTB Bank launches free SMS notification system in Armenia\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The modern consumer has become accustomed to managing virtually everything from their smartphone, and they have come to expect the same from banking. As banks move to becoming nearly 100% digital in the services they offer, there will still be a need for bank branches as some financial decisions are more complex and have a &hellip;<\/p>\n","protected":false},"author":5,"featured_media":8857,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[77,35],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/8856"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=8856"}],"version-history":[{"count":3,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/8856\/revisions"}],"predecessor-version":[{"id":9020,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/8856\/revisions\/9020"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/8857"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=8856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=8856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=8856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}