Do you have adblock enabled?
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Minneapolis Star Tribune)   Having never left their mansions long enough to encounter a vending machine, bank executives propose "revolutionary" new ATMs that can dispense products in exchange for money   (startribune.com ) divider line
    More: Obvious, Diebold, prepaid cards  
•       •       •

7537 clicks; posted to Main » on 01 Jun 2014 at 9:18 AM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



50 Comments   (+0 »)
View Voting Results: Smartest and Funniest

Archived thread
 
2014-06-01 08:37:18 AM  
"Nuttall's Arizona start-up outfits ATMs to dispense loaded prepaid gift cards."

I never understood gift cards, you change cash for something almost like it, but less useful.
 
2014-06-01 09:21:46 AM  

EvilEgg: "Nuttall's Arizona start-up outfits ATMs to dispense loaded prepaid gift cards."

I never understood gift cards, you change cash for something almost like it, but less useful.


Creates the illusion that thought went into your gift.
 
2014-06-01 09:25:50 AM  
Will I be able to finance a can of soda and a bag of chips into 104 easy, weekly payments?
 
2014-06-01 09:28:04 AM  
Except vending machines don't charge you a fee for the privilege of purchasing goods.This is truly revolutionary!
 
2014-06-01 09:28:47 AM  
"The ATM could be "a platform to print out a mortgage application, sign it, scan and complete it without ever having to be in front of a loan officer," said NCR's Bailey."

And you thought liar loans were bad in the last housing bubble. How about putting just a little resistance in the financial process? Slow the fark down, people.
 
2014-06-01 09:32:05 AM  

wildcardjack: "The ATM could be "a platform to print out a mortgage application, sign it, scan and complete it without ever having to be in front of a loan officer," said NCR's Bailey."

And you thought liar loans were bad in the last housing bubble. How about putting just a little resistance in the financial process? Slow the fark down, people.


Honestly....I thought I was buying a Snickers Bar, and now here I am with a McMansion and an underwater mortgage.
 
2014-06-01 09:33:25 AM  
My kids' school gives me 10% back for tuition. If I am going to spend $300 dollars at the grocery store, I might as well get the gift cards. Last year, it worked out that it paid about half my total bill.
 
2014-06-01 09:33:56 AM  
Revolutionary!

archive.mrc.org
 
2014-06-01 09:33:57 AM  
It's bad enough waiting while chooses between deposit or withdraw. Can't wait until I have to wait behind some moron doing his week of shopping.
 
2014-06-01 09:34:58 AM  
While someone chooses

FTFM
 
2014-06-01 09:41:48 AM  
Here's an enhancement.  Stop billing people to use their own money.
 
2014-06-01 09:42:28 AM  
what I find astounding is somebody got paid probably big money to come up with this crackpot idea.
didn't redbox just try this because fewer and fewer people are renting dvds? and failed.
time marches on.
whenever I need cash, I just get it the supermarket when I check out.
 
2014-06-01 09:43:44 AM  
Bankers developing  ingenious stupid ways to screw everybody? How revolutionary!
 
2014-06-01 09:44:37 AM  

Rigby-Reardon: It's bad enough waiting while chooses between deposit or withdraw. Can't wait until I have to wait behind some moron doing his week of shopping.


I remember a comedian doing a routine about getting stuck behind someone refinancing their house at the ATM.
 
2014-06-01 09:46:42 AM  
Nuttall.  Such an appropriate last name.

Nut all.

Sounds more like he saw a Chuck E Cheese UFO machine and though "Hey, we can charge money for that!"

Wake me when we get the used girl's panties in said machines.  I am not going to buy them.  I figure that is the end of civilized man and as good a time as any to blow my freakin' brains out.
 
2014-06-01 10:00:07 AM  
img.fark.net

img.fark.net
img.fark.net


Much more useful.
 
2014-06-01 10:00:40 AM  
"The ATM is the best and largest self-service financial device on the planet," Nuttall said.

deadwoodchronicles.com

He went on to say, "Those that doubt me, suck cock by choice."
 
2014-06-01 10:02:44 AM  

Mad Scientist: [img.fark.net image 850x478]

[img.fark.net image 300x314]
[img.fark.net image 850x575]


Much more useful.


You forgot 'used underwear'. Let's continue forgetting this.
 
2014-06-01 10:03:12 AM  

Mad Scientist: [img.fark.net image 850x478]

[img.fark.net image 300x314]
[img.fark.net image 850x575]


Much more useful.


That "cupcake ATM" story drove me nuts for the same reason -- it's a cupcake vending machine!
 
2014-06-01 10:08:54 AM  
In Canada, pot comes from a vending machine.
Just sayin'.
 
2014-06-01 10:11:35 AM  

Mad Scientist: Much more useful.


We used to have one of those in my apartment complex. It was awesome.
 
2014-06-01 10:12:11 AM  
The beer one I mean.
 
2014-06-01 10:22:19 AM  

Shadowtag: Mad Scientist: [img.fark.net image 850x478]

[img.fark.net image 300x314]
[img.fark.net image 850x575]


Much more useful.

You forgot 'used underwear'. Let's continue forgetting this.


f00.inventorspot.com

/just wanted to see if someone online keeps their word
 
2014-06-01 10:25:04 AM  
I like the part about a two way video call. Because there's nothing better than talking about financial matters over a crappy connection with your back to the world where who knows what is behind you.
Maybe they haven't heard of this thing called the internet yet where one can do this from home.
 
2014-06-01 10:25:28 AM  
www.blogcdn.com
 
2014-06-01 10:44:35 AM  
img.fark.net
"You never go ATM!"
 
2014-06-01 10:46:36 AM  
www.photographersgallery.com
 
2014-06-01 10:47:20 AM  
As hard as the banks are screwing people, they should dispense condoms with every transaction.
 
2014-06-01 11:15:59 AM  

AngryTeacher: My kids' school gives me 10% back for tuition. If I am going to spend $300 dollars at the grocery store, I might as well get the gift cards. Last year, it worked out that it paid about half my total bill.


Are those three sentences related to each other in any way?
 
2014-06-01 11:24:18 AM  

K3rmy: Nuttall.  Such an appropriate last name.

Nut all.

Sounds more like he saw a Chuck E Cheese UFO machine and though "Hey, we can charge money for that!"

Wake me when we get the used girl's panties in said machines.  I am not going to buy them.  I figure that is the end of civilized man and as good a time as any to blow my freakin' brains out.


For your safety, never go to Japan.
 
2014-06-01 12:08:38 PM  

elkboy: AngryTeacher: My kids' school gives me 10% back for tuition. If I am going to spend $300 dollars at the grocery store, I might as well get the gift cards. Last year, it worked out that it paid about half my total bill.

Are those three sentences related to each other in any way?


You can be my friend.
 
2014-06-01 12:10:00 PM  

elkboy: AngryTeacher: My kids' school gives me 10% back for tuition. If I am going to spend $300 dollars at the grocery store, I might as well get the gift cards. Last year, it worked out that it paid about half my total bill.

Are those three sentences related to each other in any way?


AngryTeacher pays about $1500/mo in tuition for kid(s) - gets $150 as gift cards. The gift cards are used for paying groceries.
 
2014-06-01 12:11:51 PM  

EvilEgg: "Nuttall's Arizona start-up outfits ATMs to dispense loaded prepaid gift cards."

I never understood gift cards, you change cash for something almost like it, but less useful.



Woman: Would you like to buy some Itchy and Scratchy Money?
Homer: What's that?
Woman: Well it's money that's made just for the park... And it works just like regular money, but it's, er..."fun".
 
2014-06-01 12:15:21 PM  
ATMs? How quaint.

I can do all the banking I need [with one exception] online, at home, with my feet up.

/exception - depositing checks. Which I haven't needed to do for quite some time.
 
2014-06-01 12:19:01 PM  

MusicMakeMyHeadPound: elkboy: AngryTeacher: My kids' school gives me 10% back for tuition. If I am going to spend $300 dollars at the grocery store, I might as well get the gift cards. Last year, it worked out that it paid about half my total bill.

Are those three sentences related to each other in any way?

AngryTeacher pays about $1500/mo in tuition for kid(s) - gets $150 as gift cards. The gift cards are used for paying groceries.


And you can be my teacher.
 
2014-06-01 12:30:21 PM  
I'm surprised they don't turn the ATM into a claw machine. They charge you to use it, take the deposit out of your account, and MAYBE you might get the actual money.
 
2014-06-01 12:31:45 PM  
i.imgur.com
 
2014-06-01 12:31:55 PM  

Archie Goodwin: ATMs? How quaint.

I can do all the banking I need [with one exception] online, at home, with my feet up.

/exception - depositing checks. Which I haven't needed to do for quite some time.


How quaint.  Even my piddly arse credit union lets me do that anywhere I have cell service.

In all seriousness though, I was rather surprised when I found out my CU (which has all of ~6 branches) has a mobile app that ISN'T simply a shortcut to their own web-page. I think the last time I actually stepped into one of their branches was over a year ago when I was depositing drug money the proceeds from a garage sale and the ATM happened to be down.
 
2014-06-01 12:33:34 PM  

Archie Goodwin: ATMs? How quaint.

I can do all the banking I need [with one exception] online, at home, with my feet up.

/exception - depositing checks. Which I haven't needed to do for quite some time.


Most banks allow you to do a deposit via photo using their mobile app these days. That was due to the change in regulations that change the ACH from a physical check routing thing to sending digital images.

/My wifes uncle did a 6 sigma project around check scanning
//one of the few areas in IT where you are doing millions of the same thing a day so 6 sigma actually made sense
 
2014-06-01 12:35:02 PM  
Perhaps the innovation will be that they'll charge a service fee so that you can pay $105 for a $100 gift card.
 
2014-06-01 12:52:10 PM  

wildcardjack: "The ATM could be "a platform to print out a mortgage application, sign it, scan and complete it without ever having to be in front of a loan officer," said NCR's Bailey."

And you thought liar loans were bad in the last housing bubble. How about putting just a little resistance in the financial process? Slow the fark down, people.


But that would mean fewer loans to pass between banks more than joints at a Phish concert.
 
2014-06-01 01:14:01 PM  

bunner: Here's an enhancement.  Stop billing people to use their own money.


Dangit, I was going to say something along these lines, where this is just a way for the banks to find a replacement for the revenue they are losing now that Cash ATMs as not used as much. Some banks in my area are already charging upwards of $5 per transaction, to compensate for the decrease in usage. Thankfully, i only ever have to use an ATM once or twice a year (usually when going to a local fair).
 
2014-06-01 01:34:15 PM  

mofa: Perhaps the innovation will be that they'll charge a service fee so that you can pay $105 for a $100 gift card.


No joke, they do that already.

A $100 Visa gift card will cost you $104.95
 
2014-06-01 02:01:52 PM  

Sim Tree: K3rmy: Nuttall.  Such an appropriate last name.

Nut all.

Sounds more like he saw a Chuck E Cheese UFO machine and though "Hey, we can charge money for that!"

Wake me when we get the used girl's panties in said machines.  I am not going to buy them.  I figure that is the end of civilized man and as good a time as any to blow my freakin' brains out.

For your safety, never go to Japan.


On a side note, I am sure there is money to be made from selling used little boy's underpants outside of NAMBLA conventions and Catholic parishes.

Little Bobby's skidmark - Was dropping a deuce when he heard the ice cream truck and, in a hurry, did not wipe like he should - only $20
 
2014-06-01 03:09:01 PM  

AngryTeacher: My kids' school gives me 10% back for tuition. If I am going to spend $300 dollars at the grocery store, I might as well get the gift cards. Last year, it worked out that it paid about half my total bill.


We take advantage of gift cards a different way.  Our nearby grocery store offers a point system for gas discounts.  Every $100 means 10¢ off at the pump and you can use up to a dollar at one trip to the pump.  Well, when we know we're going to be shopping else where, we pick up that business gift card from the grocery store to add to our points.  Occasionally to promote the gift cards, the grocery store doubles or quadruples the value of the card to gas points.  So a $25 Subway card means an instant 10¢ at the pump for us.  Sure this is a waste of money for the the businesses during all this money transacting, but they seem happy getting my business that way.  The kids also help out by having us pick up gift cards with the money grandma sends them.

/it's good thing MI has a law against gift cards expiring.
 
2014-06-01 04:27:27 PM  
We should just have time-limited speed passes and cards.  Things that only work for a little while, maybe a week.

Another data breach?  Eh, don't care, the number is already invalid.
 
2014-06-01 05:07:20 PM  

Tom_Slick: [www.photographersgallery.com image 613x480]


I remember some place we'd stop around Madison, WI (I think there is a big Petro station there now) that had those.... I recall nothing in there ever looking very appetizing.
 
2014-06-01 05:34:52 PM  

MusicMakeMyHeadPound: mofa: Perhaps the innovation will be that they'll charge a service fee so that you can pay $105 for a $100 gift card.

No joke, they do that already.

A $100 Visa gift card will cost you $104.95


Well, those are stupid....

The thing with gift cards where it is beneficial on a personal level is like the "Free $10 G.C." from a restaurant when you buy $50 of G.C.... so, if it somewhere you like to go, just buy some G.C. then, and you are getting a bit of a discount.
 
2014-06-01 06:18:13 PM  
Came for FONV image of the vending machines, disappointed.
 
2014-06-02 03:54:53 PM  
Lottery tickets AND mortgage application from the same machine?
We have a winner!

Also:

i58.tinypic.com

/yum
 
Displayed 50 of 50 comments

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »
On Twitter






In Other Media


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report