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Stand by for action…

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COA Globe Red.jpgNothing is new - or so it would seem when we look into Martins Bank’s involvement with the newest of banking technologies.  Thanks to the amazing foresight of  Ron Hindle, Martins’ Manager of Organisation Research and Development in the late 1950s, coupled with his extensive research at home and abroad, Martins really does go to extremes to have a good look at the future.

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1966 NCR 315 Computer at London CC MBM-Wi66P12The Information Superhighway of the sixties might be lined with punched paper tape, but it’s the best paper tape that money can buy, and we must remember that for the period, these new technologies are both cutting edge AND life changing. The biggest curiosity for us today, is that for a good twenty to thirty years computerisation actually results in MORE jobs, unlike the inevitable redundancies seen today across a whole range of industries.  In 1959, when Martins Bank introduces Pegasus as the first computer to process the day to day work of a UK Bank, it must have all seemed very exciting indeed…

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Throughout the 1960s more and more staff are needed to operate, programme and maintain machinery that until then has only been dreamed of.  It is a chance for people to learn a completely new skill.  In this section we look at what has been achieved in the short period of time in which Martins has been able to employ new technology.  Each of the features in this section describes one valuable and pioneering step along the road that will eventually lead to the almost fully automated banking of the twenty-first Century.  So, click on any of the leaflets shown above, and hold on tight, as we explore the mighty world of NEW TECHNOLOGY! 

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