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Stand by for action…
  Nothing in this World is new (or so it would seem) espcially
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 Bank really does go to extremes to have a good look at
the future. The Information Superhighway of the 1960s 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. 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, go ahead, and click on any of the
leaflets shown above, and hold on tight, as we explore the mighty world of NEW TECHNOLOGY!
 M
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