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Tomorrow's World: New Banking 09 December 1969 - BBC

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Uploaded on Jan 7, 2010

From the BBC Archive 'Tomorrow's World' collection: http://www.bbc.co.uk/archive/tomorrow...
Computerised banking ushers in a cashless economy.
Derek Cooper reports on developments in computers that could revolutionise banking. Computerised credit card machines will be able to transfer funds directly from the customer's account to that of the shop, while computerised banks will see a reduction in queues and less of a need to be tied to branch opening times. However, these developments could also result in job losses as computers take over mundane tasks.

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