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753 BCE
the first bank
Wealthy people in Rome stored their coins and jewels in the basements of temples. They were given a sense of security by the priests who were assumed to be devout and honest.
https://www.investopedia.com/articles/07/banking.asp -
tablet
Released in 1989 and manufactured by Samsung, GRiDPad was considered the first successful tablet computer. Zengel points out that tablets have transformed retail banking by allowing bank employees to move within and even beyond the branch.
https://independentbanker.org/2017/10/timeline-180-years-of-banking-technology/ -
the credit card
Diners Club introduced the first universal credit card, a portable payment solution that could be used at numerous member establishments.
https://independentbanker.org/2017/10/timeline-180-years-of-banking-technology/ -
the ATM
These machines allow you to undergo transactions without the help of an actual teller, and without having to visit the bank. Automated teller machines or ATMs allow many transactions, including cash withdrawals, cash deposits, and fund transfers.
https://cleartax.in/g/terms/atm-automated-teller-machine -
FTP
Introduced by computer scientist J.C.R. Licklider in 1973, the US Defense Department’s Advanced Research Projects Agency Network is often credited wiith giving a vision of how computers could be networked together.
https://www.investopedia.com/articles/07/banking.asp -
cash counters
Counters were first introduced in Great Britain in 1980 and made bank tellers’ jobs easier. Today, some banks maintain self-serve coin counters in their lobbies so customers can see just how much money that shoe box on their dresser contains.
https://cleartax.in/g/terms/atm-automated-teller-machine -
fintech
fin tech is a technology that is used to improve the delivery of financial services. but in reality, it has driven how people interact with their money for well over a century.
https://fintech.com/ -
the iphone
Steve Jobs unveiled the iPhone at the Macworld convention on Jan. 9, 2007, and the first iPhone was released to the public five-and-a-half months later.
https://www.computerworld.com/article/2604020/the-evolution-of-apples-iphone.html -
EMV chip shifts
FiNet’s Brent says EMV chips make cards far more secure because the information transmitted is encrypted. Additional security is critical as payments become more integrated.
https://everfi.com/blog/financial-education/emerging-tech-in-financial-services/ -
chatbots
Chat-bots are increasingly becoming a part of the digital transformation in banking. They are popular among financial institutions of all sizes, with everyone from large-scale banks to tiny credit unions implementing them.
https://everfi.com/blog/financial-education/emerging-tech-in-financial-services/