In some parts of developing nations, banking is still a heavily paper-based process. And if there’s one thing Xerox is good at, it’s managing a paper-based process.
One of the biggest factors keeping banks from reaching remote areas is actually distributing cash to far flung machines and branches. What if those branches or ATMs didn’t distribute cash at all?
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Brazil's Banco Bradesco has opened a high-tech bank in São Paulo. How is it different from American banks? Biometric ATMs, robotic greeters, and Star Trek-style touchscreens everywhere for starters.
Before being enrolled in the program, Indians were excluded from banking services, government aid, and many other services that demanded identification.