ATM deposits were supposed to cut costs. So what happened?

Topics:
Business Process Management,
Electronic Banking
Tags:
ATM,
Bank,
Deposit,
Network Technology,
Networking
Source:
IBM

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Overview: The original promise of ATM deposits was cutting costs relative to using a bank teller. But in reality, ATM deposits have proven to be nearly as costly as traditional processing. With new improvements and innovations, banks can finally realize these anticipated savings. In addition, there is a great opportunity to streamline processes and reduce fraud. The future of deposits lies in ATM automation.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Date: Nov 2004 | Pages: 9

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