Word: tellers
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...checks that have cleared. Ask a question about banking services, and the answer will be on the screen the next day. Bills from merchants who join an ever expanding roster provided by the bank can be paid electronically. "It's the next logical step after the automated teller machine," says Richard Kennedy, Citibank vice president of electronic banking. "With ATMs on nearly every corner and PCs in nearly every house, you almost never have to go to the bank again...
...Banks put part of the blame on consumers' widespread resistance to new technology, especially when it involves changing the way their money is handled. Banks point out, for example, that two-thirds of their customers still shun the practical and convenient automatic teller machines. Then, too, many potential home bankers are apprehensive about computer crime, fearing that some ingenious 14-year-old will electronically make off with their life savings. Janet Pruitt, vice president for electronic banking products at Shawmut Corp. of Boston, cites another drawback: "A PC sitting at your home won't be able to withdraw cash...
...cinema academe. Spielberg the director is supposed to be a movie machine, and if that is so, fine. We need more artisans with his acute eye and gift for camera placement and movement, lighting, editing and the care and feeding of actors. But he is also a compulsive teller of stories about himself as he once was and still is. Each new film he directs or oversees is like another chapter in the autobiography of a modern Peter...
Banks closed for three days to prepare for the changes, and when they reopened last Wednesday, many people expected chaos. But while the lines at several banks stretched over blocks, the scenes were orderly. Said one teller at Banco de la Nacion, the country's largest financial institution: "Customers were much calmer than we expected." Concluded President Alfonsin: "We are getting a magnificent response from the people...
...lasers "the one and only proposal that makes any sense." He cautions, however, that the obstacles to developing an actual weapon are "fantastic," and repeated last week his view that SDI threatens "a big new escalation" in the arms race. For good measure, he took a swipe at Edward Teller, his colleague from the World War II atom-bomb project who is now a promoter of Star Wars in general and X-ray lasers in particular. Teller, said Bethe, was the scientist "who brought us the H-bomb with the statement that it will...