More importantly, by developing internal expertise today, banks can position themselves to react quickly to competitive moves and consumer trends as the financial services industry evolves. In Columbus, Ohio, Huntington Bancshares Inc. has put its stamp on the virtual bank concept with Huntington's Access, an automated branch office that's always open. The Access branch houses both traditional and advanced-function automated teller machines that use imaging technology to display deposited checks for verification and to cash a check to the nearest dollar. Also on site is the Personal Touch screen, interactive video kiosks where customers can conduct a variety of transactions. At the touch screen, customers are able to talk face to image with a customer service representative.
Banks find themselves facing a window of customer opportunity.
In a lot of their other business transactions, the retail customer in general is learning to self-serve. Unisys Corp. In short, they are ready for self-banking. Some progressive banks already have a presence on the World Wide Web. In the U.S., smart cards can be only used at a contained group of machines, or for one purpose. N.C. One of the advantage of using chips on cards with or instead of magnetic stripes is better security.