Main Menu
Weblog
Consulting
Register
Login
Subscribe to Free Influx Emails
Join our Facebook Group
Follow us on Twitter
Influx Insights archive by subject
Branding
Street Cred
Technology
Lifestyle
Style
Entertainment
Interviews
Art
InfluxTV
Top 10 Articles: The Last Seven Days
Map
Widgets
RSS — All Subjects
RSS — More Feeds
Contact
Privacy Policy
Live feed
Olga Kotelko, the 91-Year-Old Track Star
Wed Dec 01 18:01:00 GMT 2010
http://www.openinnovation.net/open-innovation/how-google-learns-from-its-failures-2/
Wed Dec 01 17:57:00 GMT 2010
Video: Gil Scott-Heron and Jamie XX, ?New York is Killing Me? � The FADER
Wed Dec 01 17:54:00 GMT 2010
Downsizing the American Dream: The shrinking house
Mon Nov 22 19:31:00 GMT 2010
Tim Burton's Cadavre Exquis
Mon Nov 22 17:37:00 GMT 2010
BrooklynMap1766.jpg (JPEG Image, 1882x1629 pixels)
Fri Nov 19 07:47:00 GMT 2010
Solar Ivy on a Brooklyn Brownstone
Sun Nov 14 23:07:00 GMT 2010
Why the iPhone app is the Flash homepage of 2010
Sat Nov 13 19:04:00 GMT 2010
This is art- Fiona Banner's Sea Harrier at the Tate
Sat Nov 13 17:46:00 GMT 2010
The Speed Camera Lottery great idea
Fri Nov 12 21:18:00 GMT 2010
twixie a valve based twitter counter
Fri Nov 12 21:13:00 GMT 2010
ReMade- a doc-The Rebirth of the Maker Movement
Fri Nov 12 20:11:00 GMT 2010
ALL THE BUILDINGS IN NEW YORK: SKETCHBOOK
Fri Nov 12 20:09:00 GMT 2010
Jeremy Grantham has ?already started to sell? | Credit Writedowns
Fri Nov 12 20:08:00 GMT 2010
a world of tweets
Fri Nov 12 19:42:00 GMT 2010
Paul McDonough's great photos of NYC in the early 70s
Fri Nov 12 19:29:00 GMT 2010
The Edible Schoolyard New York
Fri Nov 12 19:20:00 GMT 2010
World's Longest Yard Sale - Part One on Vimeo
Thu Nov 11 00:56:00 GMT 2010
FT.com / Life & Arts - Lightning in a bottle
Wed Nov 10 23:39:00 GMT 2010
Newspapers aren't dead- micro-published journals are thriving...
Wed Nov 10 19:24:00 GMT 2010
BSSP
Bank 2.0 is a new book on the future of banking by
Brett King, it takes a look at the technological and societal trends that are forcing a massive change in the way we bank, which has obvious implications for the giant institutions that support consumer banking.
King suggests that the branch infrastructure could be one of the first things to disappear.
"Even if only 50 per cent of cash transactions are replaced by electronic stored value cards, debit cards and mobile wallets in the next five to ten years, the current ATM and Branch infrastructure that supports cash becomes almost untenable from a cost burden perspective. If you no longer need to go to the ATM to withdraw physical cash or currency, then everything you do on the ATM today can be done on your mobile App phone. If branches no longer need to deal with cash, then a large part of the reason for their existence disappears."The branch has been the most visible form of brand communication for most banks through history and the point of physical connection and a demonstration of their strength and security. Take the branch a way and you have a whole new world.
Just as an example- take a look at these images of the old Williamsburg Savings Bank to see just how the branch was used to communicate the brand's power in an almost regal or Church-like manner. Ironically, the bank no longer exists and is now used as the site for a weekend flea market.
Posted by Ed Cotton
Articles for tag atms (1 total).