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Saturday, February 6, 2016

By Paul Martinez


Touch screens are quite common, more so than most of us realize. Video games and smartphones use them to various degrees, but what about banking? Is this field that people utilize on a routine basis able to make use of these screens as well? With the help of Robert Jain, we look into a recent story that developed, in addition to how it might be able to help banking grow and develop in the years to come.

According to the Portland Press Herald, it seems like banking is taking off in a different direction. Specifically, Gorham Savings Bank recently rolled out two of the state's first ITMs, which is short for interactive teller machines. What these allow is for users to interact with tellers over a video feed, which will allow them to perform actions one would normally associate with banking. To say the least, this is an interesting development of sorts.

ITMs are not exactly new, though, since the article stated that other locations have started to use them as well. One of the main reasons for this is costs, since these machines can help to reduce them, which would entail a greater sense of financial stability. This is vital, as Robert Jain can tell you how it can help any business remain on strong terrain. Of course, there are other benefits that these ITMs have that should be covered.

Another reason why these ITMs matter is that they allow bank customers to withdraw money without a credit or debit card. If you left one of these at home, for one reason or another, it's still entirely possible to take money out of your account. All you have to do is show your driver's license on a separate screen, which begins a scanning process. Once again, this is an interesting development, but companies like Robert Jain Credit Suisse would be wise to keep an eye on it.

When it comes to banking, growth is part and parcel, meaning that stories like these should be surveyed. ITMs are worth recognizing, especially since they might be coming to your area sooner than you think. As this happens, if you're a bank customer, you will have plenty of options at your disposal. Most customers want choices, and it's easy to see that these machines will be able to provide them.




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