Description: With more and more banking transactions being handled on line, Canadian banks are looking to close branches after years of growth up to about 2014. The Globe and Mail newspaper reported “dozens” of branches would be closing. Approximately 55 % of Canadians say they do their banking on the internet.
Date: January 11, 2017
1) What was the last transaction you carried out at a physical bank branch?
2) As a student perhaps staying far away from home, what part does a bank play in your financial life?
3) What are some of the challenges banks might face from the so-called Fintech sector?