This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Bank Teller Trapped Inside ATM, Lives to Tell Tale

NEW YORK ( BankingMyWay) -- Back in the early days of computer research, it was a widely held belief of those pioneers at Bell Laboratories that it wouldn't be long before a computer was able to match (specifically resemble) the human brain.

All these decades later, that's not quite the direction in which computer science (and brute computer memory power) has gone. In fact, the more technology progresses, the more it exhibits fits and starts in trying to match that je ne sais quoi of human sensibility -- just ask the iPhone's Siri to understand what you are saying while walking down a crowded Manhattan sidewalk, compared with the hearing and comprehension of the person standing next to you.)

Now it's the automatic teller machine that wants to prove how human it really is, beginning with a few chatty ATMs in Pittsburgh.

Customers at two Dollar Bank locations in North Hills and Virginia Manor near Pittsburgh will now find a personal teller machine (PTM) developed by NCR Corporation (NCR - Get Report). The key difference between PTMs and ATMs is the addition of a live remote teller available through a video connection.

On the NCR web site, the company describes PTMs as follows:

"A Personal Teller Machine looks like an ATM, the difference is that you can interact real-time with a bank teller who can remotely control the machine and guide you through most branch transactions. Using video cameras, a customer's image is transmitted to the Personal Teller located at the Customer Service Center in Pittsburgh, PA. Cameras at the Customer Service Center transmit the Personal Teller's image back to the customer. Sound is carried through built in speakers and a handset is available when using the machine in the bank lobby."

For customers, there is a built-in benefit to PTMs: Banks can stay open longer, and financial consumers can get real-time help via PTMs before and after bank hours. Dollar Bank says its PTMs will be available from 8 AM to 10 PM, Monday through Saturday. Customers can still use the machine to deposit and withdraw funds on a 24/7 basis.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
NCR $27.87 -0.57%
AAPL $93.24 -0.41%
FB $117.81 -0.21%
GOOG $701.43 0.82%
TSLA $211.53 -4.96%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs