Self-service banking set to soar in the U.S.

Self-service banking set to soar in the U.S.
Tags: Financial Self-Service, Publishing/Research
April 25, 2006

Finextra: Retail banking customers in the United States will conduct nearly 55.5 billion self-service transactions a year by 2010, compared to the 38 billion transactions forecasted for 2006, according to the latest TowerGroup research.

TowerGroup says U.S. bank customers are currently performing 100 million self-service transactions everyday and the research predicts that self-service banking will undergo an explosion in both quantity and quality over the next few years.