BMO to open ‘studio’ branches s more customers bank online

The Bank of Montreal will open tiny branches with a handful of employees giving “face-to-face” information on topics such as mortgages, with most customers now banking online.

BMO is opening what it calls a “studio” branch next week in a Montreal condo building and expects to open 10 to 15 of these micro branches at a time across Canada and in the U.S. Midwest, CEO William Downe said Monday.

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Eight Ways to Spot Counterfeit Money

The new U.S. $100 bill is set to debut in October. Along with a sleeker, more high-tech look, the new bill has new security features designed to thwart counterfeiters. For instance, the new $100 has color-shifting ink that would be difficult for counterfeiters to duplicate. The Liberty Bell on the note will shift from copper to green when the bill is tilted.

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