I was born in 1985, two years before China’s first ATM and first bank card came into use. At that time, companies paid salary by using passbooks or by cash. Because computers were rarely seen, not to mention the ones connected to intranet, the numbers on those passbooks were handwritten by bank clerks. My father tells me that he went to bank once every month, passed part of his monthly wage and his passbook to the clerk, watched him write down the date and new balance on the book, took the book back and went home.
I guess the clerk would most probably forget the exact balance he had just written down on my father’s passbook at the time he left the counter, and therefore, only my father and mother knew how much saving in my father’s account. And I don’t think the bank knew it, either.
Today, we use bank services more easily thanks to the latest technology. I now go to bank less often than my father did in 1980s, but, from ATMs to smartphone applications, I now handle my savings more often than he did. Moreover, my wife can do far more to her husband’s bank account than my mother could do 30 years ago.
Today we don’t need to go to an ANZ branch or a nearby ATM to know the latest account balance. Instead, we could do that with a laptop or a smartphone connected to Wi-Fi. At the same time, the bank knows it, too.
As the only access to my father’s bank account in the past was to see the numbers on his passbook, it was my parents and the clerk that had the access. That is to say, now not only my wife and me but the bank are able to access to my ANZ account. What’s more, as we could log on to the account through ATMs, more than 300 locations in Auckland Urban Area can access to my ANZ account!
If we are wandering at the city center, we could easily find 42 different places to see how much left in my account. Modern technology provides us new mediums between ourselves and our needs. It is ubiquitous and convenient while, at the same time, dangerous.
My wife has an ASB account. She finds 16 more ATM spots than I do in city center.
I have a Countdown OneCard, too. See how many places can access to my account in the city?
And we also have AT Hop cards, a Farmers Club card, a living rewards card, and many more…






