Jun 29, 2013

ATMs Are Getting More Intelligent

In Melbourne New smart ATMs that can count your cash, read the cheques and credit it to your account immediately at any hour.They have already rolled out 40 ATMs that can do that and have 150 of that type out by the end of this financial year,” the Commonwealth Bank’s executive general manager of retail products, Michael Cant, said.
    “You deposit your cash or a cheque into an ATM that’s smart enough to count the cash, read the cheque and credit that immediately to your account” and customers will also be able to personalize their settings on ATMs that will pop up each time they use it. “When you put in your card, it identifies you as the customer and preferences that you set,” he says

Australian Bank ANZ is also set to introduce 800 ATMs by the end of the 2012-13 financial year that have the ability to deposit coins, notes and cheques and have them instantly credited to the customer’s account,if at all these ATMs are introduced work becomes much more easier for the customers.
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