With so much unused and underused space in branch systems today, this may be one of the lowest cost and highest potential return options available. Banks could transform underused space in their branches into co-working areas, according to Digital Banking Report publisher Jim Marous. He said banks could offer freelancers and firms access to flexible, high-tech and fully supported office spaces. As well as fostering community links, banks could offer customised services through face-to-face interactions with small businesses and entrepreneurs. The report also suggested that the government should consider a new tax on financial transactions such as stock trades or derivatives trading.
Banks could transform underused space in their branches into co-working areas, according to Digital Banking Report publisher Jim Marous. He said banks could offer freelancers and firms access to flexible, high-tech and fully supported office spaces. As well as fostering community links, banks could offer customised services through face-to-face interactions with small businesses and entrepreneurs. The report also suggested that the government should consider a new tax on financial transactions such as stock trades or derivatives trading.