Thursday, April 25, 2024 | 05:02 WIB

Sri Mulyani: Digital disruptions may rid of bank tellers and back-office workers

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Sri Mulyani
Finance Minister Sri Mulyani. (Source: @smindrawati)

“Digital transformation has given rise to new economies. Tellers and bank back-offices workers may disappear but new services needed by the community will also spring up,” Sri Mulyani explained on Monday (18/4).

Many observers and economists have since long predicted that tellers will be replaced by machines and artificial intelligence. Based on financial statements from major banks, the reduction in workers, albeit gradually, has been underway especially in the past five years.

Last year, Bank Negara Indonesia (BNI) president director Royke Tumilaar said the bank’s tellers have seen their roles reduced as more of its customers switching to digital transactions. (un)

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