Innovation Is the Key to Success

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We, human beings are blessed with creativity and innovativeness in some way or the other. May be we are not aware of the talent hidden within us. But to be honest every individual has different kind of innovativeness which if unfold and implemented impeccably might create a milestone. Technology is the greatest bane of this century which gives our creativity a desired shape and it contributes in any sector, say, government, business, medical, science, education, bank and finance, etc. Nowadays, banking sectors are also making productive use of information and computer technology, facilitating businesses to get innovate, increase competitiveness and reach new heights in markets.

With the advancement in technology, consumers don’t need to visit a bank branch frequently to resolve their queries. Recently, banking sectors are adopting advanced technology to upgrade customer service, incorporating four major changes in ATM banking.

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1. Receive Receipts via E-mail: Customers very often visit ATM counters to have a quick look at the receipt to know their bank balance or take a receipt as a part of transaction using ATM and ultimately tear the receipt after a brief glance. To resolve this problem, banks has come up with the idea of ATM e-receipts, i.e., digital ATM receipts by omitting the unnecessary usage of paper.

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 2.Multiple Bill Denominations: Previously, most ATMs bestowed cash in the form of $20 bills but now banks recognized customers want for small denomination bills. For instance, Chase and PNS introduced ATMs that are enabling to spit out $1 and $5 bills despite of $20.

 

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3. ATM enabled Smartphones: Many mobile phone manufacturers are installing smartphones with near field communication (NFC) technology which enables smartphones to access the ATM. It is not too far that smartphones will replace the use of ATM and debit cards.

 

 

 

 

 

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4. Introduction of Live Teller Video Conferencing: The main notion of introduction of an ATM was to eliminate the necessity of human teller to serve a customer. Nevertheless, banks are now in the process to introduce live teller video conferencing by making ATMs less automated.

 

Therefore, innovation in technology paves way for other career opportunities. Like innovation of technology in changing ATM banking has opened many possibilities for aspirants who are looking for career in finance as well as technology. As implementing and executing the changes in ATM banking, banks need many skilled employees from finance background to computing background. So if you are one of them who possess the creativity to change the dimension of financing or technology, you can opt for a degree in finance or degree in computing and media from an accredited UK university that is globally recognized. It will sharpen your skills and give a boost to your career.

Technology has changed the whole work scenario in every sector. It is the technology that keeps you connected and simplifies your life. However, if it’s a problem for you to do a regular degree course as you are already working, you can enrol for online distance learning course which has become a very popular trend these days.

It is not only about any particular field that can help you to achieve success. It is your own creativity and innovation that can lead you to the pinnacle of success. So find out your unique inner-ability that is hidden within you and work on it.