Predicting customer demand at ATMs

Case

Predicting customer demand at ATMs

Problem

Clients withdraw money from ATMs unevenly. On days of mass payments the demand grows.

On weekends and holidays, the demand often falls. In addition, the structure of demand is highly dependent on the currency denominations used.

In order for ATMs not to stand idle and not be overflowing with money, the bank must effectively predict the dynamics of demand with aan solid horizon.

Solution

Client demand forecast with specified horizon on client transactions history.

Technology stack

  • On demand