What Happened on September 14th
September 14, 1959
Bank of America Accepts the ERMA System
Bank of America accepts the ERMA (Electronic Recording Method of Accounting) system. This revolutionary system digitized checking for the Bank of America by creating a computer-readable font. A special scanner read account numbers preprinted on checks in magnetic ink. The system was developed at the Stanford Research Institute in Menlo Park, California.
@TheNewsOwl I love your posts! You are truly one of the bright spots on here! Your posts always inspire or make me smile! Thank you for all the effort you do to bring a little more sunshine to the world! πππ
@SatuUnelmia Awwwww, thank you dear. It is bc of people like you that makes me do what I do.