{"id":6886,"date":"2017-07-28T08:53:09","date_gmt":"2017-07-28T08:53:09","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=6886"},"modified":"2018-08-14T09:44:59","modified_gmt":"2018-08-14T09:44:59","slug":"should-be-known-facts-about-the-atm","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/should-be-known-facts-about-the-atm\/","title":{"rendered":"Should &#8211; be &#8211; known facts about the ATM"},"content":{"rendered":"<p>The automated teller machine (ATM) turned 50 years old this June. In celebration of its 50th anniversary, here are little-known facts about the ATM:<\/p>\n<ul>\n<li>The <strong>first &#8220;cash-dispenser&#8221;<\/strong> was installed in 1966 in <strong>Japan<\/strong>.<\/li>\n<li>The <strong>first ATM<\/strong> was <strong>installed in London<\/strong> in Barclays\u2019 Enfield branch in <strong>1967<\/strong>. This specific location was chosen because it was the only one with windows high enough off the ground to accommodate exterior installation.<\/li>\n<li>The <strong>world&#8217;s second ATM was installed in Sweden<\/strong>, just a few weeks after the one one installed in London.<\/li>\n<li>In late 1969, Britain&#8217;s Midland Bank (today <strong>HSBC<\/strong>) was <strong>the first to introduce the magnetic stripe card<\/strong> for ATM access.<\/li>\n<li>The <strong>first ATM to use a<\/strong> <strong>four-digit PIN was installed at Westminster Bank<\/strong> in July 1967. A plastic card with perforated holes was inserted into the machine, and then the user punched in a PIN. If everything matched up, cash was dispensed.<\/li>\n<li>In 1994, <strong>Egypt&#8217;s Banque du Caire<\/strong> became the <strong>first ATM deployer to use cellphone networks to connect to a central computer<\/strong>; wireless networks weren&#8217;t used in the U.S. until 1998.<\/li>\n<li><a href=\"https:\/\/www.ncr.com\/financial-services\">NCR Corp<\/a>. is considered to have launched the first full-function machine (offering transfers, payments, detailed statement printing and envelope deposits) in 1984.<\/li>\n<li><strong>Canadian<\/strong> Imperial Bank of Commerce launched the <strong>world&#8217;s first web-enabled ATM<\/strong> in <strong>1997<\/strong>.<\/li>\n<li>Countries that did not have ATMs until 2004 or later: Afghanistan; Laos; Iraq; Vietnam; Kazakhstan and Guyana.<\/li>\n<li><strong>Somalia<\/strong> installed its very <strong>first ATM in 2014<\/strong> (in a tourist hotel in the capital of Mogadishu).<\/li>\n<li>The world&#8217;s <strong>highest ATM is 4,693 meters above sea level<\/strong> in Khunjerab Pass on the <strong>Pakistan-China border<\/strong>, while the world\u2019s <strong>most remote<\/strong> ATM is located at McMurdo Station in<\/li>\n<li>Worldwide, there are 45 ATMs per 100,000 adults.<\/li>\n<li>There are approximately <strong>3 million ATMs throughout the world<\/strong>, with an average of <strong>280 new ones installed each day. <\/strong><\/li>\n<\/ul>\n<p><em>&nbsp;<\/em><a href=\"http:\/\/www.media.barclays.co.uk\/video\/?id=172595-7624146\">Video: \u201cATM history\u201d -&gt;<\/a><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-6886 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='&#8220;Alternative Delivery Channels and Technologies&#8221; Handbook'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/alternative-delivery-channels-and-technologies-handbook\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2016\/10\/78787878-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-3682\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-3682'>\n\t\t\t\t&#8220;Alternative Delivery Channels and Technologies&#8221; Handbook\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='PayPal&#8217;s Stablecoin Launch Could End the Crypto Winter'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/paypals-stablecoin-launch-could-end-the-crypto-winter\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2023\/08\/c8eeab1e-b317-a467-770a-e79e33da5b021-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17269\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17269'>\n\t\t\t\tPayPal&#8217;s Stablecoin Launch Could End the Crypto Winter\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Open banking for the corporate sector'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/open-banking-for-the-corporate-sector\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/06\/open-banking-for-the-corporate-sector-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13051\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13051'>\n\t\t\t\tOpen banking for the corporate sector\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The automated teller machine (ATM) turned 50 years old this June. In celebration of its 50th anniversary, here are little-known facts about the ATM: The first &#8220;cash-dispenser&#8221; was installed in 1966 in Japan. The first ATM was installed in London in Barclays\u2019 Enfield branch in 1967. This specific location was chosen because it was the &hellip;<\/p>\n","protected":false},"author":7,"featured_media":6887,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[77,49,70],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/6886"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=6886"}],"version-history":[{"count":2,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/6886\/revisions"}],"predecessor-version":[{"id":9141,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/6886\/revisions\/9141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/6887"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=6886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=6886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=6886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}