Wednesday, May 19, 2010

The first working ATM

Docutel Vice President Don Wetzel conceptualizes the idea for the automated teller machine (ATM) while waiting in line at a Dallas bank in the late 1960s. After a five million dollar investment, a working prototype of the ATM is delivered in 1969. The first working ATM is installed in New York at Chemical Bank. Docutel is issued a patent for the ATM in 1973.
More Computer History

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