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Inspired Retail: Changing the ATM Experience

The last two years of labor challenges, financial disruptions, and permanent changes to work and lifestyle has inspired the banking industry’s investment in solutions that will help ease cash flow disruptions. Daniel Litwin and Michael Graham, VP of Retail Solutions & Strategy for Hyosung, discuss how ATMs are meeting the needs of our changing banking…

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The last two years of labor challenges, financial disruptions, and permanent changes to work and lifestyle has inspired the banking industry’s investment in solutions that will help ease cash flow disruptions. Daniel Litwin and Michael Graham, VP of Retail Solutions & Strategy for Hyosung, discuss how ATMs are meeting the needs of our changing banking landscape.

The pandemic has sped up the banking changes that have ushered in the ATM over 50 years. But can the industry adapt to the closing of physical touch points, and will that shift from personal service lead to more innovation?

“In general, banking has been the primary market and innovation driver for ATM solutions. But recent trends that have both dampened the banking market and shifted in-person service at large are giving way to new retail ATM solutions to meet new needs,” says Graham. 

With banking apps from Apple, Venmo and others growing in numbers, can the retail ATM improve and change, so it isn’t left behind? And is it still a reliable and quality option for consumers?

Join Daniel and Michael as they discuss how Hyosung is working to change the ATM experience.

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