Automated Teller Machine and Impact on Banking System

The goal of this research is to determine the impact of Automated Teller Machine (ATM) on banking services. Information technology, which includes Automated Teller Machine, has been a key competitive tool. Successful organization’s techniques for acquiring a competitive advantage over others. The rapid rise of the Banking sector has urged technology vendors to accommodate. This is evidenced by the presence of the ATMs of various types scattered around our bank’s premises. This paper looks at how banks and other services providers might work together to deliver affordable and efficient ATM services. It also covers the question of consumer behavior in terms of quality services, concluding that ATM deployment by banks saves time, fosters competition and lowers bank risks.