The fascinating history of the creation of ATM
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- čas přidán 5. 09. 2024
- You might be surprised to know that your bank’s Automated Teller Machines (ATMs, also known as Cash Machine) have been around since 1960.
These convenient money-dispensing devices have a fascinating history, partially because they did not simply have one inventor. Instead, today’s ATMs came about as the work of a combination of inventions. What were these inventions and who were they made by?
This piece of finance history is as interesting as it is complicated.
Watch this video to find out all that and more.
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A lot of interesting facts. The narrator has a curious voice and unique way of relaying the script, definitely a brand identity to the channel.
nice work
In 1967, a Scottish inventor named John Shepherd-Barron was sitting in the bathtub when he had a flash of genius: If vending machines could dispense chocolate bars, why couldn’t they dispense cash?
Exactly if we had venting machine for sodas why not cash as well?
Underrated video
I never got paid until I left home and the family restaurant and joined the US Air Force in 1982 I got my first ATM card in 1983. I was a late comer
In case anybody wondered, £10 back in 1967 was the equivalent of £232.22 in today's money.
It is good new for me
2:36 Is he serious about that??? 😱
4:50 Oh, never mind. It's safe. I thought uranium or plutonium is used in the paper. 😅
Today's generation just has no idea of how things used to be. At work, I am so old, and the engineers around me are so young, not a single one of them ever used a rotary dial phone! One guy remembers vaguely seeing one at his grandmother's house. One of the engineers asked me if you pressed buttons inside the holes on the dial. Siiiigh
Ultrasonic biometric active scanner anti efraction. Thank, you gave ul luberty and a lot of options. Thank you
What's the name of the song used in the video?
In 1960, Luther George Simjian invented an automated deposit machine
It would have been nice to have exact images of the ATMs as you were talking about them, instead of just a bunch of random images strung along in your six minutes.
I just came here for my computer history module
jhon spehared barron was indian scottish if u know he was born in india and went to scotland for studies and invention
Yes he was born in shillong, Meghalaya which is in the northeast India which is my state
nice
Mesin ATM ada di Malaysia tahun 80an.
wow
wow..
ATM is a invention of Vietnamese and get help by british people
Cash is king
When Allan sugar falls in 🥰
There should be a window in the corner of the screen tastefully displaying images of young women dressed in bikinis tickling each other and wrestling on top of heavy duty tear proof tarps covered in massage oil.
I am god who disagrees? 🤔
n1
Now 2024 still in Iraq people use cash money 😂😂😂 hope one Daye see all people used ATM no more cash money