TITLE

Pushing the Envelope, Straight into the Dustbin

AUTHOR(S)
Adams, John
PUB. DATE
September 2007
SOURCE
Bank Technology News;Sep2007, Vol. 20 Issue 9, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the move by Wells Fargo and Bank of America to deploy technology that allows for envelope-free cash deposits. Well Fargo is said to have deployed 7000 image-enabled automated tell machines (ATM) capable of accepting envelope-less deposit, while Bank of America has deployed 1500 Diebold-developed paperless deposit ATMs. Alan Walsh, vice president of banking for Wincorp Nixdorf, hopes that as banks expand their deployment of imaging across departments and lines of business.
ACCESSION #
26929189

 

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