FIs are looking to respond to changing consumer behaviors – which see increasing demands to be able to bank where, when and how they choose. That means shifting more transactions into the self-service channel and on to the ATM. But, to do so often means upgrading the ATM fleet and budget constraints are one of the main hinderances to modernization.
ATM as a Service alleviates this issue, by not only shifting expenditure from CAPEX to OPEX but also enabling modernization investments to span the lifetime on the contract, rather than being an upfront investment.
Through as a Service, FIs shift the focus on spend to a focus on their core business, meaning investment in more innovative projects and the customer experience. This means they can modernize their estate and accelerate migration of more transactions onto the ATM—all with a renewed agility that will allow for quicker adaptation of new innovations in the future.
ATM as a Service unlocks a world of resource, expertise and innovation. Through a strategic partner, the FI gains access to the required knowledge, skills and technologies to effectively and efficiently run the ATM network.
ATM as a Service is enabling FIs to juggle meeting consumer expectations for more convenient banking with improving operational efficiency and constrained costs.
For more insights, read the latest ebook on potential journeys to ATM as a Service.