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ATM invention
Inventor John Shepherd implemented the first automatic teller machine. This revolutioned how people could access their money. -
Universal Banks
The introduction of Universal Banks gave people a “one stop shop” feeling when dealing with their bank. The banks offered many banking functions and more, such as commercial banking as well as personal banking. -
Non-bank financial institutions
After the millennium, places like check cashing centers, insurance firms, investment/stock brokers started to really take hold of this new ease of accessibility to a clients money. -
Internet banking
After people started having access at their fingertips, it was a natural thought that our banking capabilities also be at our fingertips. -
Mobile banking
After internet banking was so successful, banks realized that people wanted even more access to their banking needs. As cell phones became smarter, banks jumped at the thought of mobile banking.