The power of financial centers in today's fast paced environment
Aug 5, 2016 8:34 AM -
The ATM was first introduced by Bank of America nearly 50 years ago. It was far from an instant success. Only 300 adventurous customers tried it during the first year. However, banking customers quickly adapted and ATMs are now ubiquitous, with an estimated 3 million worldwide. Today, consumers are embracing new banking technology and looking for digital and mobile tools for their everyday financial needs. In fact, the 2016 Bank of America Trends in Consumer Mobility Report found that nearly half (48 percent) of Americans are constantly checking their finances via mobile, including account balances and budgets, compared to only 28 percent that report frequently checking health-related items, such as steps and calories.