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New ATMs Capable Of Handling More Complex Transactions

Monday, November 26, 2012 - 7:20 AM
From the Chicago Tribune
Although consumers increasingly say they prefer Internet and mobile banking, ATMs are a tried and true retail channel that some expense-conscious banks are enhancing to perform many of the tasks handled by tellers.

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Ken TuminKen Tumin5,473 posts since
Nov 29, 2009
Rep Points: 125,800
1. Monday, November 26, 2012 - 8:09 AM
i.e. A massive lay-off of tellers will be good for the bottom line of the corporation...

"Our goal is to drive more transactions from the teller window to the computer screen or the ATM," William Demchak, PNC Financial Services Group Inc. president, said at a Nov. 13 bank conference. The degree to which PNC Bank can encourage customers to use such channels "represents significant potential cost reductions," he said.
ShorebreakShorebreak2,700 posts since
Apr 6, 2010
Rep Points: 14,636