SRI Technology: ERMA and MICR, the Origin of Electronic Banking - The Diigo Meta page

• 06 Aug 08
  

  Colin Henderson

  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.

  libri bofa banking history micr

  • 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.

Would you like to comment?

Join Diigo for a free account, or sign in if you are already a member.