Pushing the Envelope, Straight into the Dustbin

Adams, John
September 2007
Bank Technology News;Sep2007, Vol. 20 Issue 9, p11
Trade Publication
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.


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