No More Passwords or Debit Cards -- City-Money's New ATM -- iTeller -- Requires Only Thumb Print or Eye Scan.Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com and at www.newstream.com PUTNAM Put·nam , Israel 1718-1790. American soldier active in the French and Indian War and the Revolutionary War. During the Battle of Bunker Hill (June 17, 1775), he supposedly issued the order, "Don't one of you shoot until you see the whites of their , Conn.--(BUSINESS WIRE)--March 14, 2002 New "iTeller(TM)" Will NEVER Charge a Usage Fee and Offers an Array of Services! City-Money Inc., an all-in-one (1) A combination computer printer, scanner, copy machine and fax machine. Some all-in-ones exclude the fax capability or make it an option. (2) A desktop computer that houses every component except the keyboard and mouse inside the same case as the monitor. , on-line merchant services Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or company, announced today that credit cards might be history. City-Money Inc. has developed a new Internet See Web 2.0 and Internet2. retrieval system called the "eyeTeller(TM)." It is based on its highly touted software/hardware browser browser Software that allows a computer user to find and view information on the Internet. The first text-based browser for the World Wide Web became available in 1991; Web use expanded rapidly after the release in 1993 of a browser called Mosaic, which used based banking solution, will deliver to customers not only cash but offers bill pay, maps, money and wire transfers, read e-mail, send e-mail, buy movie and concert tickets, and other Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the based transactions. EyeTeller(TM) is said to be one of the most secure on the market today. Delivery date is set for May 2002. The new ATM, the "eyeTeller(TM)" will allow customers to do banking transactions and to retrieve cash without the use of credit or debit A monetary amount that is subtracted from an account balance. A debit from one account is a credit to another. See credit. money cards. You simply need your thumb signature or your eye! It works like this: A potential customer fills out an application for a line of credit much in the same manner as you apply for a credit card. You get a line of credit for cash or for spending within a retail environment. Instead of you using your credit card to get cash at an ATM or using your credit card at a grocery store, restaurant, and gas station or at the mall, you simply use your thumbprint at a designated "eyeTeller(TM)" machine. The machine recognizes you through your thumbprint or your retina and gives your credit balance and how much you can spend or the amount of cash you can withdraw. You don't even need a printed receipt unless you request it. You can get all kinds of information about your account printed for you if you chose. Merchants can order the "eyeTeller(TM)" for their stores or use them as their cash registers. Thus, no more need for credit cards, your thumbprint or eye scan becomes your credit card. Benefits: -- Faster and more convenient checkout -- Ability to make purchases without carrying a purse, wallet or checkbook -- Protection of personal information and financial assets -- Reduced threat of identity theft -- Other Benefits include: It utilizes fingerprint authentication for sales transactions and payroll check cashing, and offers customers the option of electronic check processing. City-Money Inc. is a Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. based in Putnam, Conn. "Building and designing fourth generation ATM's and the most Secure money transactions machines in the marketplace today." "The eyeTeller(TM)" is now available for immediate delivery through our direct sales force, our hardware re-seller channel or on-line at www.city-money.com. City-Money Inc. 860/928-3931 office 860/963-7532 fax 190 School Street Putnam, CT 06260 Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.031402/bb4 http://www.businesswire.com/cgi-bin/photo.cgi?pw.031402/bb4a |
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