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SUMMARY:Building Bankomat: Cash dispensers and the development of on-line\
 , real-time networks in Britain and Sweden\, c.1965-1985 - Bernardo Batiz-
 Lazo (Bangor University)
DTSTART:20120508T151500Z
DTEND:20120508T161500Z
UID:TALK36951@talks.cam.ac.uk
CONTACT:Wei Ming Khoo
DESCRIPTION:This talk explores the technological choices made at the dawn 
 of the massification of retail finance and specifically how ideas that com
 puters could enable a cash-free society appeared concurrently to cash disp
 enser technology. To describe and analyse the development of electronic ba
 nking and its entanglement with wider historical processes\, we document h
 ow the deployment of cash dispenser networks and later on a fleet of autom
 ated teller machines (ATM)\, interweaved with the adoption of on-line real
 -time (OLRT) computing in Sweden and the UK. British savings banks started
  their computerisation rather ‘late’ and benefited from adopting ‘tr
 ied and tested’ technology. Meanwhile\, Swedish savings banks spearheade
 d technological change in Europe. In documenting the sequence of events in
  the networking of Swedish and British banking\, we depart from the predom
 inant view that holds the development of OLRT in a single move. Instead we
  propose there are specific conditions inside banking organisations requir
 ing to consider on-line (OL) or asynchronous and on-line real-time (OLRT) 
 or synchronous communication as two distinct stages of development in the 
 adoption of computer technology. As a result\, we show how delivering on a
  cashless society proved more difficult than anticipated.
LOCATION:Lecture Theatre 2\, Computer Laboratory\, William Gates Building
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