SRI Technology: ERMA and MICR, the Origin of Electronic Banking
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Saved by 1 people (0 private), first by anonymouse user on 2008-08-06
- Bankwatch on 2008-08-06 - Tags libri , bofa , banking history , micr
Public Sticky notes
In 1950, the Bank of America (then the largest bank in the world) asked SRI to assess the possibility of
developing electronic computers that could take over the
labor-intensive banking tasks of handling checks and balancing
accounts.
Highlighted by bankwatch
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