News

Looking for an ATM? Put on your glasses

November 1, 2013

Or more specifically your Google Glass. Banks such as Spain's Banco Sabadell and Ukraine's PrivatBank are already eyeing the technology — Sabadell has created an app that allows Google Glass to help customers find their bank's closest ATM.

The Financial Brand described the new Google gadget as "a wearable computer, with a webcam and an optical display facing the user’s eyeball. There’s a built-in microphone, and it’s GPS capable — all packed into one ultra sleek headset."

The wearer uses spoken commands to engage the device, meaning that you'll now have to check for more than just a mobile phone at someone's ear in order to determine whether whether that individual is: a) speaking to you; b) talking on the phone; or c) just another nut job walking around.

Sabadell — an FI that always seems to be at the forefront in applying consumer technology to personal banking — seems to have confidence that Google Glass will take off with more than just über tech nerds. 

“The mobile internet’s natural evolution will be ‘living services,’” Pol Navarro, Director of Channels and Innovation at Banco Sabadell said in the Financial Brand report. “Users will want to be able to interact with firms through many different devices, and as quickly and intuitively as possible.”

According to a banking expert quoted by Financial Brand, BofA and Wells Fargo are also looking into possible uses of Google Glass.

The video below from PrivatBank will give you an idea of the few of them. You don't have to know Ukranian to get the picture.

Read more about ATM innovation.