Magazine : Archives : 2nd Quarter 2019
Point of View
An image that has been circulating recently on social media that perfectly sums up one of the main misperceptions about banking nowadays. It’s a picture of five ATMs in a line. The one in the middle is red. The two on either side are grey. Above them is the question: “Will bank branches be a thing of the past?” If you know anything about the history of banking, which became an obsession of mine eight years ago, it’s hard not to chuckle at this. Since the ATM debuted in 1967, the number of bank branches in the United States has...
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