Envelope-Free
Latest
Wells Fargo's new Envelope-Free ATMs scan your deposits
400 of Wells Fargo's WebATMs in northern California (Contra Costa, Alameda and Santa Clara counties) are in the process of getting a technological makeover that will allegedly cut down on the time it takes to make a deposit, increase security and eradicate those pesky bank errors, which unlike in Monopoly, hardly ever seem to be in your favor. The Envelope-Free system, which is similar to a system currently being used by Bank of America, allows you to insert stacks of up to 30 bills and 10 checks at a time which are promptly scanned, counted, displayed and printed to a receipt. While cellphone ATM access would be nice, other improvements like same day check clearance might make free lollipops your only motivation to set foot in a real bank.[Via CBR]
