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Deposits by Imaging

Banks are not the only organizations taking advantage of new developments in check imaging and automated teller machines. The University of Delaware is offering envelope-less depositing at ATMs. The school's machines will take one or more checks or a stack of cash, show an image of the deposit on the screen, then run off a receipt of the transactions. The machines also show students and other users a tally of deposited cash listed by denomination.

Copyright © 2005 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 14, No. 12, 1/05

First published on 01/01/2005

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