alt Hacker NewsTFA reasonably reduces to:
First, ATMs increased the demand for bank branches, which more than made up for the decrease in tellers per branch.
Second, mobile banking decreased the demand for physical branches.
TFA reasonably reduces to:
First, ATMs increased the demand for bank branches, which more than made up for the decrease in tellers per branch.
Second, mobile banking decreased the demand for physical branches.
There are ATMs not attached to bank branches. They could have replaced the branches with ATMs before. (I do wonder what bank tellers are doing these days. I mean actual tellers, not investment advisors and jobs like that.)