TwitterFacebookLinkedInEmailMessengerModernizing a bank branch with a new look and feel can be quite expensive. But according to Three Strategies to Transition Bank Branches, BAI suggests several ways for financial institutions to make cost-effective technology changes for big impact. The addition of innovative technologies combined with even the simplest layout and design changes can create an open space in which the universal banker (the banker who “specializes in everything” as referenced in part one of this series) can assist any customer with almost any request–using the latest technological tools. Here’s how: Integrate Handheld Smart Devices Placing smartphones and devices in designated branch areas provides a self-service option for mobile and online banking users. It’s also a great way to help less technical customers get comfortable completing their transactions through these channels. In addition, today’s most sophisticated core banking systems feature tablet integration, allowing the universal banker to move freely around the branch while maintaining access to all core processing services. Complement Staff with Advanced ATMs According to CenterState Bank, Interactive Video Tellers (IVT) should be featured in branch design to boost staff or to help serve customers during peak traffic times. These enhanced self-service terminals allow customers to complete banking services well beyond the traditional ATM and could be worth the investment, as this technology handles many traditional teller functions, which allows the universal banker to truly focus on the customer. Meet Customer Demand for Instant Gratification No matter their age, today’s customers are more tech savvy than ever, and it’s because so many of them have access to smart devices. As a result, customers have become accustomed to digital technology and apps that give them exactly what they want, when they want it. Banks need to start following suit in their branches. According to BAI, banks should consider introducing solutions that give more freedom and control to their customers, including teller wait alerts, online appointment setting and pre-order and branch fulfillment.