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More Than a Hole in the Wall: The Unfulfilled Potential of the ATM
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Yaldez4FSI
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Yaldez4FSI,
User Rank: Apprentice
8/28/2013 | 9:10:41 PM
re: More Than a Hole in the Wall: The Unfulfilled Potential of the ATM
Theoretically, an ATM is a cash dispensing computer, change the key board and it could do anything and everything that the bank allows thru Online banking (at a minimum). BUT, queuing could become a problem. 2 ATMs, 2 people opening accounts, 15-20 minute transactions...the line would be around the bank. So the bank needs to balance what can be done, with what should be done at the ATM. But, I do agree that a lot more things could be done.
Jonathan_Camhi
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Jonathan_Camhi,
User Rank: Author
8/27/2013 | 8:13:52 PM
re: More Than a Hole in the Wall: The Unfulfilled Potential of the ATM
A lot of interesting use cases here, especially with the virtual prepaid cards. Seems like an easy way for banks to be aggressive in the prepaid market where they face a lot of competition from non-banks.


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