ATMs were developed because of breakthroughs in technology and as a
A)means of avoiding restrictive branching regulations.
B)means of avoiding paying interest to corporate customers.
C)way of concealing transactions from the SEC.
D)increasing the competition from foreign banks.

Question

Quizplus · Accepted Answer

ATMs were originally developed as a way for banks to expand their services without having to build physical branches, allowing them to bypass restrictive branching regulations.

ATMs Were Developed Because of Breakthroughs in Technology and as a