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Although customer adoption of and engagement with online and mobile banking is on the rise in the US, traditional bank branches aren’t going away. Wide shares of customers still prefer the branch for more complex services that benefit from face-to-face interactions, like applying for loans, opening new accounts, or meeting with financial advisors, according to PwC

But while some consumers are reliant on branches, they’re underwhelmed by them — only 51% of adults are satisfied with their experience at the branch, according to data from Capgemini and Efma. This could be due in part to branch visits where staff are communicating inefficiently, which can contribute to branch visits being time-consuming. And it means that banks will have to find ways to improve the in-branch experience in order to keep users satisfied, or risk losing them to competitors or shuttering branches that aren’t getting enough traffic. Business Insider Intelligence spoke to Jeremy Balkin, the head of innovation at HSBC, about how his bank is using employee wearables to improve the in-branch experience for users. 

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