Research released by MWE Consulting indicates that ATM's hold 93 per cent of cash distribution of debit-card transactions over Eftpos cash out options. This dominance is against the prevailing wisdom of banking strategies evolved in the mid 90's that the use of ATM's would decline. This obviously has not occurred and ATM and Branch use has remained strong, further entrenching the value banks are placing on their points of presence.
ANZ is stepping up its rollout of ATMs, finding that it is a useful way to get new customers. Currently the bank has 2,000 ATMs in Australia and plans to open a new one every day this year.............Details
Member's Equity Bank plans to increase its customer base over the next decade, after a surge in home lending and deposits helped push it into profit last year............Details
The 4 major banks as well as some 'second tier' banks such as HSBC and Bendigo Bank are offering two-factor authentication for their internet banking services however this is sometimes restricted to heavy or business users.............Details
