Article posted on Oct 11
Earlier this year, Wells Fargo rolled out a new generation of ATMs. Previously, to make cash or check deposits, you put the bills and checks into a supplied envelope, told the ATM how much you were depositing, then inserted the envelope. These new ATMs will accept loose stacks of bills and checks.
Last month I made a cash deposit. I put the stack of bills into the slot, it scanned each one, and (correctly) counted the total value of the cash. It was nice, but I was only mildly impressed. Bill scanning technology has been around for a long time and is pretty refined.
Today I deposited a check. (That doesn't happen often anymore, so it had been awhile.) Again, I pressed the "deposit" button the screen and inserted the check. It scanned the check, figured out the check number and amount, and verified the amount to me. It even printed a small version of the scanned image on the receipt, with the check's bank account number removed from the image. Okay, now I'm impressed.
They have ATMs that accept deposits these days? I... I don't think I've ever seen such a thing.
Yes. Also, we have basic cable.