SMBs are an important client base for FIs. In many cases their business is still extremely cash heavy and they have a strong desire for cash services. Frictionless cash-based journeys for this segment are important—and can help reduce cash-related costs and create a closed-loop recycling environment, when migrated fully to self-service.
"within the branch are related to SMBs."
Migrating SMB cash transactions to self-service is a key success factor for cash automation. The costs to the FI are significantly lower than transactions conducted at the teller line, and the cash that an SMB deposits at a recycling self-service terminal can be reused for immediate cash withdrawals creating a closed-loop system and a potentially dramatic reduction in CIT visits.
Discover why Piraeus Bank relies on Diebold Nixdorf’s multivendor software for consolidating its ATM network and uses the company’s monitoring software to oversee its fleet.
In this episode we will discuss how Financial Institutions can bridge the physical and digital worlds to create a convenient, unique experience for their customers.
High-volume, low-value transactions offer challenges, but also opportunities to retail bankers. Tackle the issue correctly, and you accomplish one of the key goals of branch transformation: cost control.
Your ATM fleet is an important marketing asset. Are you using it to its full potential?
