Latest Report: Global ATM Market Report: 2014 Edition-Market Growth, Size, Share and Forecast
July 18, 2014 at 10:08 AM EDT
Albany, NY -- (SBWIRE) -- 07/18/2014 -- A decade before ATM machine was a mere cash dispenser but today ATMs have become the statement of technological advancements of the financial institutions. The ATM has evolved through the years into a strong business advantage for banks and allowed financial institutions to provide their customers with a convenient way, round the clock, to carry out varying transactions including withdrawal of funds, account deposits, and balance updates. The most recent additions include bill payment, travel booking, and mobile ATMs. Although ATM machines are convenient to use, there are disadvantages associated with them like theft risks, operational issues and fiscal planning issues.