Monday, January 28, 2013

Citi unveils bank branch-in-a-box

Citi launches new ATM in Asia (Banking Business Review)
Citi has rolled out a new ATM in Asia, Citibank Express, which enables customers to perform nearly all banking jobs including opening accounts and applying for loans, cards and cashier’s checks, without visiting a branch.

New machines are already being installed in Singapore, Malaysia and the Philippines, while installation at in-branch and out-of-branch locations across Asia and globally will follow later this year.

For customer identity authentication, the new machine is outfitted with an online banking connection, video-conferencing and biometric capability.
Malaysia & Singapore are already at the forefront of biometric deployments so it's no surprise Citi is rolling out the machines there first.