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yet another Microsoft blogger

 Sunday, September 30, 2007

Technology and the ATM

Let's face it, the ATM is pretty dammed awesome. I remember when I was a kid and used to go to the bank with my mom and wait in line to withdraw money for the weekend. If you ran out of cash on a Sunday, or in a foreign country? Tough luck.

Over the years I assume most of us have just come to expect the ATM to be everywhere. We are used to the process of sticking card in, picking an amount, and watching as the $20 bills POP out.

Well, I was about to write about the new Wells Fargo technology marvel in the Microsoft SVC Cafeteria but Bubba beat me to it.

These new ATM machines are "envelope-less". What does that mean? Well when you make a deposit you just take your pile of cash or checks and stick them into a slot. A few seconds later they recognize all the stuff you inserted, show you the amount for confirmation, and print you a receipt with a digitized version of what you inserted.

Amazing.

Unlike Bubba I am not ditching Wells Fargo any time soon. Why? Well I have my mortgage with them and as such I qualify for the highest level of checking with them which translates into very few fees these days.

Anyway, it's great to see technology keep getting better.

If there was one thing I wished though was that you could pick denominations other than $20 bills. After all, $50 is the new $20.

 

Sunday, September 30, 2007 3:44:27 PM (Pacific Standard Time, UTC-08:00)
I am not sure i like the check image on print out. But because of that feature I now use the ATM to make a deposit. I think our branch was in a a test roll out since we have had a couple versions over the last 2 years.
By the way the new OS Wells is using on that ATM is windows with WPF.
Sunday, September 30, 2007 9:58:50 PM (Pacific Standard Time, UTC-08:00)
I agree, the ATM is definitely awesome. When you think about it, have you ever had one fail you? Sure their are times when there aren't enough funds available in the machine or in your account, but have you ever been handed out less money than you requested? More?

Sure I know in my mind it's a transaction that can succeed or fail, but it never ceases to amaze me that it just works...everywhere.
Monday, October 01, 2007 2:43:36 AM (Pacific Standard Time, UTC-08:00)
Wait a second... I thought you were about to ditch WF for Fidelity. Now they're sucking you back with a shiny new ATM? :)
Tuesday, October 02, 2007 5:25:08 AM (Pacific Standard Time, UTC-08:00)
Bank of America branches here in New Jersey have this same set of features as well - just last week I made a deposit at the ATM and was amazed at the coolness of the ATM.
Yip
Saturday, October 06, 2007 9:57:15 AM (Pacific Standard Time, UTC-08:00)
The ATMs in downtown Mountain View just got upgraded. The ones in Cupertino near the Apple campus have had the envelope-free feature for weeks. It's surprising how quickly you become used to the new feature, and how disappointed you are to have to scribble on paper at the old ATMs.
bob desinger
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