9 comments to ‘New Banking’, Tomorrow’s World, 1969

  • David

    Very interesting. Thank you. Also, that computer had a really creepy voice.

  • Bruno

    Really cool. One of the predictions that came true almost like it was predicted. We have our cards, “identification code”, and a machine that uses the telephone network to send the payment to the bank.

  • pim

    I think they forgot to mention how with the New Banking bankers will be able to get wealthy by creating gigantic debts over their customers’ shoulders, and then getting free capital from the state.

  • Jinx

    Lucky kids, no more standing in line, swinging on that velvet rope….

  • John

    I work in a shop and I am sick of idiots wanting to pay a couple of pounds on a card.What is wrong with people? Surely everyone carries even just a small amount with them?

  • John, carrying cash carries risks of it’s own. If I get mugged, my ATM card is useless without me to provide the PIN. All of my cash will be gone. And frankly, being able to say truthfully “Sorry, I don’t carry cash” makes it easier to turn down a panhandler in the parking lot at the grocery.

    (Yes, I live in a large city. How could you tell?)

  • Marcus Cogworks

    Thank you, Thank you, Thank you, Thank you…

  • JJ

    Wow! That hypothetical demonstration is almost exactly how debit works, only without voice prompts. However, they neglected to give a receipt.

  • Carl

    Very interesting; I remember the old main frames and magnetic tape like it was yesterday. Hard to believe my cell phone has more computing power than the monster in this clip.

    Even with all this new technology there is still an enormous amount of old fashioned cash that makes the rounds however.

Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>