With increasing adoption of internet-banking and mobile-banking, an extensive network of branches is no longer necessary for banks. Are bank branches headed for extinction?
Changing Face of Banking
Change is inevitable. Before the invention of ATMs, the teller was an important person at the bank. Now verifying your account balance, counting your money and handing it to you is done by machines.
For more on this story visit the following link: Internet and Mobile Banking Kills ATMs, Opens the Floodgates to Cryptocurrencies