Can a bank in a box replace a branch?

Atlanta-based company NCR has developed an interactive cash-machine which, it says, can do 80% of the tasks typically undertaken in a bank.

Does this mean the end of local bank branches? And as cash is increasingly in competition with mobile payments in some countries, are even the days of the cash machine numbered?

This is part of the BBC Disruptors series, read the full article here.

Producer: Adrienne Murray; Camera: Angelica Casas; Editor: Sara Hegarty

The post Can a bank in a box replace a branch? appeared first on Nigerian News 24/7 | ElotiTV.com.


by Eloti TV via Nigerian News 24/7 | ElotiTV.com

Comments

Post a Comment

Popular posts from this blog

INEC to issue permanent voter cards in 10 states

Latest blog entries - Eloti tV INEC to issue permanent voter cards in 10 states The National Independent Electoral Commission says it will commence the issuance of the permanent voter cards in 10 states of the federation. The Resident Electoral Commissioner in Benue, Alhaji Baba Yusuf, told journalists on Tuesday that the issuance of the cards would be between May 23 to May 25 while the continuous voters’ registration would hold between May 28 and June 1. He said the commencement of the two exercises were a prelude to the 2015 general elections. Yusuf explained those eligible to register in the CVR included those who were not up to 18 years as at 2011 and those who were unable to register during the last exercise. “Those who had problems with the direct data capture machines and were not captured during the 2011 registration exercise as well as those who could not register in 2011 for one reason or the other can also register this year,” he said. The REC advised vot
Read more

October 1: You are free to live in any part of Nigeria, FG reassures Nigerians

By CALEB AYANSINA ABUJA – FEDERAL Government, Friday, reassured every Nigerian not to panic but to live freely in any part of the country without fear of molestation. The assurance was coming on the heel of growing tension in the country, barely 24 hour to the expiration of the October 1 deadline quit notice issued by the coalition of Arewa youth groups. The Vice President, Prof. Yemi Osinbajo also challenged religious bodies and other relevant stakeholders in the project Nigeria to leverage on their influence to jettison every divisive groups and their actions in the country. Osinbajo, who was speaking at the public lecture to mark the 57th independence anniversary of Nigeria organised by the Nigerian Supreme Council for Islamic Affairs (NSCIA) in Abuja, reiterated the government resolve to achieve just and equitable society. Represented by the Minister of Mine and Steel, Kayode Fayemi, the VP explained that in a society like Nigeria, there is bound to be differences, therefore
Read more

Donna Karan Apologizes (Again) After Defending Harvey Weinstein

Image
Designer Donna Karan says she didn’t know the extent of the accusations against Harvey Weinstein before she spoke out to defend the disgraced movie mogul. “I heard a whisper, but there were whispers all over,” Karan, 69, said of the sexual misconduct allegations during an interview with ABC News which aired Monday on Good Morning America . “It wasn’t until a day and a half after the I truly heard about it.” She added: “That’s my honest truth. I didn’t know.” The fashion industry vet sparked outrage earlier this month after calling Weinstein a “wonderful” person in a  Daily Mail  interview and suggesting women may be “asking for it” by dressing provocatively. She backtracked days later, issuing an apology and declaring that her statements did “not represent my actual views.” She apologized again in the recent interview, declaring, “I made a huge, huge mistake.” She admitted, “what I said is so wrong and not who I am.” “I was exhausted. I had just come from a 14-hour plane trip,”
Read more