The Incassomat

In 1936, banks invented “the Incassomat” or “robot cashier”, a machine to facilitate deposit making and withdrawals, to improve record keeping and reduce human errors in transactions. Soon, banks piloting it realized the cost of operating it was too high compared with the benefits of error correction.

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Posted By: Paul - Mon Apr 08, 2019
Category: Money | Technology | 1930s

Comments

Cool. An ATM before its time.

Posted by Brian on 04/15/19 at 09:45 PM

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