When the perceived value of the retail branch network was widely disputed in the 1990s, branch banking went into full retreat. The Australian Prudential Regulation Authority (APRA) revealed that one-third of all available bank branches closed their doors in Australia between 1993 and 2001. Since 2002, however, this trend has been reversed--with more branches being opened than closed--as banks have had a change of heart.
Visual communication, or videoconferencing technology has been one of the key technologies underpinning this transformation. This technology is now eme