ATM
Before I left the house to go shopping in the village I did some research for the Mono Monday Challenge. Todays theme is Inventions from the 20th Century. Thanks to laurie54 for hosting. There were so many to choose from but as I was due to go to an ATM to withdraw some cash this invention seemed the obvious choice.
An automated teller machine - ATM - is a specialized computer that allows bank account holders to check their account balances, withdraw or deposit money, transfer money from one account to another or print a statement of account transactions. ATMs are known by a variety of names. In Canada, the term automated banking machine (ABM) is used although ATM is also very common. In the UK the terms cashpoint, cash machine and hole in the wall are most widely used. Other terms include cash dispenser, cash corner, bankomat, or bancomat.
The first ATM was set up in June 1967 on a street in Enfield, London at a branch of Barclays Bank, credited to a British inventor named John Shepherd-Barron. The machine allowed customers to withdraw a maximum of £10 at a time.
In the U.S., the deployment of the ATM was pioneered by Donald Wetzel, a Dallas-based engineer. The first ATM in the US was installed in September 1969 at the Chemical Bank branch in Rockville Center in New York with the slogan, “On September 2, our banks will open at 9 am and never close again.”
After doing my shopping and getting my cash I had a wander through the churchyard. Its looking very Autumnal with fallen leaves everywhere.
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