Computer History: 1961 IBM 1210 Reader-Sorter MICR Check Processing 1401 BANKING Automation

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  • Опубликовано: 26 окт 2024

Комментарии • 11

  • @TotenBRx
    @TotenBRx 3 года назад +3

    The most practical and efficient system available.

  • @gazzmanp
    @gazzmanp 3 года назад +9

    Wow. I love the miniatures they use. I wonder if they're still around somewhere.

  • @smallisbeautiful2808
    @smallisbeautiful2808 2 года назад +4

    I worked in bank operations as an encoding/proof machine operator from 1980 to 1984. That was an awesome job. It's so sad that the first jobs to be completely replaced by fully automated robotic systems were the most pleasant jobs like that one.

  • @tech34756
    @tech34756 3 года назад +6

    During the mid 2000s, I did my work experience at a banks datacentre. I was amazed to find out they were required to still keep a library of open reel tapes. In fact they were only just getting rid of their vacuum column drives which had been replaced with smaller tray/rack sized(?) ones.
    Also funny watching this after the week in archives where I was manually going through old micro-phish to search for cheques.

    • @saltyroe3179
      @saltyroe3179 3 года назад +3

      The regulations were way behind the technology. Originally checks had to be returned to originating bank. When we went to video camera capture, we eventualy were allowed to send the video image.

    • @TheRobsep2b
      @TheRobsep2b 24 дня назад

      In the UK it was known as microfiche.

    • @tech34756
      @tech34756 24 дня назад

      @@TheRobsep2b Ok I spelt it wrong.

  • @saltyroe3179
    @saltyroe3179 3 года назад +3

    I did capacity planning for check processing. When I had time I loved to watch the check processing machines as it was one few machines that had movement. We went from microfilm to video cameras and that meant MICR was no longer required

  • @AlexPayneKU
    @AlexPayneKU 3 года назад +4

    Спасибо!

  • @frankowalker4662
    @frankowalker4662 3 года назад +3

    It saves the bank time and money, it also gives them an excuse to increase the bank charges.