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Stand by for action…
 Nothing in this World 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. The 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, 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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