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

Flash Flames Out – but It Will Smolder for a While | Web Apps

Image
Adobe on Tuesday announced its decision to pull the plug on its much maligned Flash format, citing the growing use of HTML5, WebGL and Web Assembly open standards. Helper apps have evolved over time to become plugins, which then further evolved to become open Web standards, Adobe noted. However, because gaming, education and video have come to depend heavily on Flash over the years, its phaseout will be gradual. The company will continue to update it with any necessary patches, maintain browser and operating system compatibility, and add features as necessary until 2020. Adobe is working with partners Google, Facebook, Microsoft, Mozilla and Apple to smooth the transition. Each of those companies posted an update on how the shift will impact its browsers or interfaces. Partner Plans Eighty percent of desktop Chrome users accessed a page running Flash just three years ago, but that figure has declined to 17 percent currently, according to Google. Google changed its policies late
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

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