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Gen Bus Mar 2014 - "21st Century Banking: Prepare to Bank Differently In The Future"

Gen Bus Mar 2014 - "21st Century Banking: Prepare to Bank Differently In The Future"

Gen Bus Mar 2014 - "21st Century Banking: Prepare to Bank Differently In The Future"

Excerpt


21st Century Banking: Prepare to Bank Differently In The Future


Every day it seems that there is a new story about technology revolutionizing the way business is done. Banking is no different, and the ways businesses conduct their banking has been forever changed by mobile phones, the Internet and automation technologies. Between 2006 and 2010, transactions at bank branches dropped 25 percent to 8,550 per day, according to Novantas. This is part of a larger trend that reveals a drop of branch-based transactions falling 45.3 percent since 1992, based on a report from The Financial Brand. With the trend showing no reversal, what Internet, mobile-based and automation trends will be part of 21st century banking? 
Automation


 


 




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