Since first hitting the market more than five years ago, Interactive Teller Machines (ITMs) have grown in popularity among financial institutions nationwide. Today, an increasing number of FIs are evaluating the role of ITMs in their short- and long-term strategic plans.
Many are even wondering if ITMs will eventually make ATMs obsolete and if now is the time to start investing in this technology. It is estimated that you can implement roughly 15 to 20 ITMs for the cost of a branch. If you’re looking to expand into a new market or better service an area within your existing market, ITMs can help.