Because ATMs are an expense and take up a lot of staff time, many FIs are turning to outsourcing to save money and free up employee resources. Some institutions are choosing outsourcing because it helps improve brand exposure and some opt for it because it takes the regulatory burden off their shoulders. No matter what the reason, ATM outsourcing is guaranteed to benefit a FI’s bottom line. Download the Infographic below to discover the Top 5 Reasons banks and credit unions a
Nearly five decades ago, ATMs made their debut in London. Since then, the number of ATMs has increased substantially and despite a variety of new payment options and banking technology, ATMs are still the most popular self-service touchpoint used by consumers. Last year Americans made more than 10 billion transactions at ATMs, according to Retail Banking Research. Sixty percent of consumers between 25 and 34, and 51% between 35 and 49 withdrew an average of at least $40 eight