ATM

There has been a great deal of debate over the history of the ATM, including who the ATMs inventor is. So, to clear up some of the confusion, Invention & Technology magazine, in its summer 2000 issue, published an in-depth piece on the ATM's history. That article in inspired the following timeline.
1960 - ATM predecessor installed: New York's First National City Bank (now Citibank) installs a Bank graph in several branch lobbies. The idea is for customers to pay utility bills and get receipts without having to see a teller.
1967 - First cash dispenser installation: The first cash dispenser, made by De La Rue Instruments, makes its debut in a Barclays Bank branch near London. It uses paper vouchers bought from tellers. The machine is called the De La Rue Automatic Cash System, or DACS.(According to the article written by Invention & Technology's Mike Lee, John Shepherd-Barron - the cash dispenser's inventor qq claims that the paper vouchers are actually checks impregnated with Carbon 14.)1968 - Card-eating: Barclays and a few other banks introduce a machine that encodes cash on plastic cards purchased from a teller. The problem is that the machine always eats the cards, and customers have to buy new cards if they want to make more transactions.

An automatic teller machine or ATM allows a bank customer to conduct their banking transactions from almost every other ATM machine in the world. As is often the case with inventions, many inventors contribute to the history of an invention, as is the case with the ATM. Read each page of this article to learn about the many inventors behind the automatic teller machine or ATM.