It probably goes without saying, but smartphones are quite common in this day and age. All you have to do is look at the smartphones we use on a routine basis, given the fact that they are usually equipped with the screens in question for greater functionality. However, is it possible that these screens can be used for banking purposes as well? It seems like this is the case, as Robert Jain may attest, as there have been some interesting developments as of late.
A Portland Press Herald article came out recently, talking about the state's first interactive teller machines being used. These ITMs are located at the Gorham Savings Bank, and they are quite different from other ATM machines you might be familiar with. Essentially, bank customers are able to communicate with tellers over video feeds, which will allow them to take care of all of their banking needs. Without question, this is an interesting development that should be focused on.
It's not like ITMs are anything new, though, as other locations have implemented them as well. The main reason for this - and I am sure that Robert Jain can say the same - has to do with the reduction of costs. When you're able to keep expenses down, you can run a more stable business, which means good news for all parties involved. It also maintains the importance of human interaction, even though the video feed makes matters less personal.
Did you know that you can use an ITM to withdraw money from your account without a credit or debit card? The way that this works is that these machines have separate screens, which are used to scan driver's licenses. When all of the details line up appropriately, customers can access their accounts for withdrawals. Robert Jain Credit Suisse can attest to the importance of this development, though it should be surveyed in the future.
As you can see, banking is a field that is open to growth, and it's possible that ITMs will come to your area as well. When this happens, it's easy to imagine that you'll have many more options to consider. Customers want freedom, more than anything else, which is one of the reasons why this story is so important. When people feel like they have choices, it's possible that they will be more open to doing business in the future.
A Portland Press Herald article came out recently, talking about the state's first interactive teller machines being used. These ITMs are located at the Gorham Savings Bank, and they are quite different from other ATM machines you might be familiar with. Essentially, bank customers are able to communicate with tellers over video feeds, which will allow them to take care of all of their banking needs. Without question, this is an interesting development that should be focused on.
It's not like ITMs are anything new, though, as other locations have implemented them as well. The main reason for this - and I am sure that Robert Jain can say the same - has to do with the reduction of costs. When you're able to keep expenses down, you can run a more stable business, which means good news for all parties involved. It also maintains the importance of human interaction, even though the video feed makes matters less personal.
Did you know that you can use an ITM to withdraw money from your account without a credit or debit card? The way that this works is that these machines have separate screens, which are used to scan driver's licenses. When all of the details line up appropriately, customers can access their accounts for withdrawals. Robert Jain Credit Suisse can attest to the importance of this development, though it should be surveyed in the future.
As you can see, banking is a field that is open to growth, and it's possible that ITMs will come to your area as well. When this happens, it's easy to imagine that you'll have many more options to consider. Customers want freedom, more than anything else, which is one of the reasons why this story is so important. When people feel like they have choices, it's possible that they will be more open to doing business in the future.
About the Author:
To learn more about what you read, in addition to Bob Jain Credit Suisse, kindly get in touch with Bob Jain.