Branch Automation
Categories: Company Management, Accounting
When personnel and processes at a bank branch are connected to a centralized source of information, allowing for more automatic transactions with less human interaction.
In his later years, Howard became more of an introvert and misanthrope. Luckily, the bank where his company, Hughes Corp., had its account...was a pioneer of branch automation, so he barely had to speak to anyone when it came time to cash his paychecks.
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Finance: What is an ATM?23 Views
Finance a la shmoop what is an A-T-M... hmm that's automated teller machine ATM
there there the big ugly machines that puke $20 bills when puking is good you [ATM spitting out $20 bills]
see them in front of your bank and it stores the magic Aladdin lamp rub comes
via your plastic debit card which you insert and wait then
you type in your PIN or personal identification number and then well if [Person typing in PIN number on ATM]
you have cash in your account the cash machine will spit out the money YUM
these computerized robot machines also let you take care of other bank stuff
without having to schlep into the bank transferring dough between accounts and
depositing checks and so on...Basically all the stuff you can do with an app on [Girl using an app on her phone]
your smartphone now and the irony here should not be lost
ATMs replaced tens of thousands of bank tellers when they came out in the 1980s
they were the first mass job replacement of human beings with robots and and yes,
phone apps now are replacing those testy ATM robot machines yeah and for those of
you with job phobia over robots while the advent of the ATM machine is a good
allegory to follow your jobs coming next you [Mans eyes turn red]