The Invention of the ATM

1296 Words3 Pages

Many years’ people have been trying to figure out who actually invented the ATM ideas or machines. There are six developers’ that are being tossed around by past researchers of who was the originator of this exciting technology. The six developer’s names are as follows; Luther George Simjian, John Shepherd-Barron, James Goodfellow, Don Wetzel, John D. White and Jairus Larson.

Luther George Simjian was famous for the earlier development creation of ATM science in the past1930’s that was not a solid winner of ATM technology. Luther George Simjian had registered many related patents to ATM. The concept of the ATM in the wall at the bank was his original intension. His invention started out at the bank called Citicorp was the test drive of service to be started. A half a year went by and the bank called him and said there hasn’t been a tremendous demand for this type of style.

The man John Shepherd-Barron had the notion of putting in the 24/7 cash dispenser, his proposal for this theory was in the 1960’s. Later In 1967, Shepherd-Barron presented his proposal to a meeting of 2,000 US bankers in Miami, after the first ATMs had been installed in England. He spoke to the debate about the new self-service banking act he developed. On December 31, 2004, John Shepherd-Barron was named an Officer of the Order of the British Empire, or OBE, by the Queen of England for services to banking. "It was a bit late but better late than never," thought Shepherd-Barron

In 1965 James Goodfellow that was an engineer at a company named Smith Industries was given a proposal to develop the cash dispenser, and then added the extra features for the electromagnetic card and key pad we know today.

In 1968 Don Wetzel said he had the concept of the automat...

... middle of paper ...

...Works Cited
"ATM Definition from PC Magazine Encyclopedia." Technology Product Reviews, News, Prices & Downloads | PCMag.com | PC Magazine. Web. 02 Dec. 2009. >http://www.pcmag.com/encyclopedia_term/0,2542,t=ATM&i=38115,00.asp>.

"ATM Network Security: Vulnerabilities and Risks." Javvin | Network Protocols Guide, Network Monitoring & Analysis Tools. Web. 02 Dec. 2009. >http://www.javvin.com/networksecurity/ATMNetworkSecurity.html>.

Bellis, Mary. "Don Wetzel - History of the ATM Machine and Don Wetzel." Inventors. Web. 02 Dec. 2009. >http://inventors.about.com/od/astartinventions/a/atm_3.htm>.

"What is ATM?" The Tech FAQ. Web. 03 Dec. 2009. >http://www.tech-faq.com/atm.shtml>.

White, John D. "Who invented the ATM? Automated Teller History." ATM, automated teller machine Triton Tranax WRG. Web. 02 Dec. 2009. >http://www.atmmachine.com/atm-inventor.html>.

Open Document