Are You Ready for Pepper — the Robot Bank Teller?

CommPRO Global, Inc.  |

Thomas J. Madden, Chairman and CEO, Transmedia Group

Yes, Robotic Banking has arrived. Customers who visit HSBC’s Brickell branch in Miami are being greeted by its newest employee: “Pepper,” a humanoid robot created by SoftBank Robotics.

How wonderful. As if banking weren’t boring enough, now instead of walking up to smiling Sabina, one of my favorite bank tellers, I’ll be greeted digitally at my branch one day by Ralph the Robot.

HSBC on Brickell Avenue is the first retail bank branch in Florida to deploy a robot, which assists customers with opening a bank account, answering credit card questions and even poses for a selfie. What fun.

The robot can respond to voice commands and engage with customers through a touch screen. The rationalization for robots dehumanizing banking is that it will free up human employees for more complex customer interactions, or perhaps more likely put my friends out of work.

So will robots make stepping into a branch a more exciting and memorable experience? Sorry, not for me. I prefer friendly humans like Jim and Sabina at my Bank of America branch in Boca Raton. There’s just something about humans I like.

I heard the HSBC robot has a lighter side, however. On command, it can tell jokes, dance and even offer itself up for a photo. Very cute.

HSBC was the first financial institution in the U.S. to implement Pepper the Robot in retail banking when last June it introduced the robot at its flagship branch in New York City.

In the past year, the New York branch experienced a 60% increase in new business, presumably from increased foot traffic brought by Pepper. Customer satisfaction scores, ATM withdrawals and new credit card applications also have risen. Soon perhaps, so will the unemployment lines.

Meanwhile thousands of robots have been deployed to companies worldwide, a majority of them today in use in Japan.

Excuse me, I need to go charge my fingers, which are typing on low battery.

Thomas Madden - In MeToo Times, Careful How You Address Your Internet ‘Connections’

Click to enlarge

But don’t miss my latest book LOVE BOAT 78 available soon on Amazon and Kindle from Mascot Books. Read about my experiences with another digital incursion—Internet dating.

About the Author: Thomas Madden is CEO of TransMedia Group, one of the largest independent PR firms in Florida, where it currently operates. The firm’s clients have included AT&T, American Red Cross, City of New York, GL Homes, Jordache Enterprises, McCormick and Schmick’s, Rexall Sundown, Stanley Steemer.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Symbol Name Price Change % Volume
HSBC HSBC Holdings plc. 37.52 -0.20 -0.53 5,331,376 Trade



Symbol Last Price Change % Change





















Blockchain in Fintech - Discussion at the EU Parliament

From the recent Blockchain For Europe Summit in Brussels: Panel on Financial Market Infrastructure