Thank you for sharing!

Your article was successfully shared with the contacts you provided.

New developments in computing and software technologies, smart­phones and apps provide consumers with an increasing number of options to complete routine tasks. Consumers enjoy convenience, while service providers achieve efficiencies, savings and increased customer satisfaction.

Take the example of making a check deposit. Only a few years ago, bank customers had one option. They had to locate a branch, travel there, and wait in line for a teller to make a deposit. Then, Automated Teller Machines (ATMs) came along. ATMs were placed at numerous locations, offering bank customers’ convenience in when and where they banked. Banks invested in procuring and servicing ATMs, but saved over time on physical locations and related expenses.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.