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Heard on the street: Citibank developing ATM that could “replace all physical branches”

In a move that could significantly bolster Citibank’s bottom line performance, a source close to the bank is predicting a new automated teller machine (ATM) currently under development could “revolutionise” the way consumers engage in retail banking activities. When contacted, the bank claimed that the physical ATM had not appeared anywhere in Asia, though another source close to the bank…

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