The Digitalization of Cash as a Concept of Success
More and more banks are reducing their number of ATMs and branches due to excessively high fixed costs. This trend has been emerging through the industry for quite a while. However, demand for cash deposits and withdrawals on the customer side remains at a high level.
The following case study summarizes how TARGOBANK, by working with viafintech, managed to offer its customers an innovative and digital alternative to cash-in’s and cash-out’s, thereby not only ensuring lower fixed costs, but also optimizing its branches and simplifying its receivables management.
The case study will answer the following questions for you:
What are the key facts & figures about TARGOBANK?
Why did the cooperation with viafintech start?
How did the integration of the white label solution Barzahlen/viacash go?
What effects did the introduction of the new feature have for TARGOBANK?
What further opportunities does the cooperation offer in the future?