New future for cash machines should not bring end of bank branches: The Yorkshire Post says
Now the world’s largest maker of ATMs, a company called Diebold Nixdorf, has revealed it intends to allow customers to apply for a loan or have a video chat with a mortgage adviser from their cash machines within five years.
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Hide AdThe company insists it will complement banking services rather than replace them but this make provoke some cynicism. Those concerned about the ongoing decline of the bank branch may take some reassurance from the fact the company acknowledges its machines offering such services would likely need to be based in small bank branches or similar locations rather than from “hole in the wall” machines for obvious security reasons. The way we deal with our money looks set to transform again.