Google wallet and PayPal are picking up more payment processing for online transactions. In order to cut down on bank charges and for convenience, more and more are using these payment systems. So, what will happen to age old ATMs at your bank?

Tendency is towards more and more banks to automate customer transactions as much as possible. This will help to cut down on staff and waiting time on lines, and create more efficiency. But the problem is ATMs are so old and doesn’t use technological advancements such as capabilities of smartphones and tablets.

Banks and ATM developers are trying out cutting edge ATMs lately. One of the main manufacturers of ATMs, NCR, indicates 90 percent of banking functions can be done on ATMs, Bloomberg Businessweek reports. The Bank of America is testing an ATM that find a teller at a remote location via video to complete a transaction with a customer at an ATM who left the debit card at home and allows the person to withdraw cash by showing the driver’s license. With younger generation hooked on gadgets, the old ATM badly needs a new update to keep those who are banking with them and to attract more 35 and younger crowed.

The most popular alternative vehicle tracking system lo jack, doesn’t use true gps signals. Moreover, wireless connectivity is not offered by lojack. The practical result is that only specially equipped police vehicles can use lojack to find a missing vehicle.  Owners, for instance, certainly do not have the capability to use lojack to track a vehicle themselves.  Also, the number of police vehile outfitted with the lowjack technology is typically only a small fraction of the fleet. Since the range of lowjack is only about 2-3 miles, missing are stolen vehicles are undetectable unless a lojack equipped police cruiser happens to be in the vicinity.

Sine  the early nineties, the North American Trucking Industry has used promiles software for routing and mapping  years as well as for IFTA fuel tax. The promiles software is adaptable for individual drivers as well as for fleets and saves time and effort with rout planning and tax reporting and reduces fues costs, allowing large or small trucking operations to be for efficient, and thus more profitable.

The advantages of a gps tracking device are reduced costs of fuel and maintenance, quicker response times and easier management of vehicles. GPS tracking offers numerous advantages over lojack. But recovering missing or stolen vehicles is only one of the problems encountered in fleet management for which gps tracking is the solution. Redirecting vehicles to shorten travel time or respond quickly to changing demands from customers are others. Overall, gps tracking is an essential tool in fleet management.