• http://www.liebermancompanies.com/wp-content/uploads/FB-f-Logo__white_29-e1508183508403.png
  • http://www.liebermancompanies.com/wp-content/uploads/bbb_accredited_logo-web.png

(952) 887-5285

ATM celebrates its 50th birthday in 2017

The ATM celebrates milestone this week

It’s hard to imagine living in a world without the convenience of an ATM but prior to June 27, 1967, they did not exist.

This week, the ATM is celebrating its 50th birthday. The first automated teller machine, which took about 2 years to make, was installed in London fifty years ago. Like many new technological advancements, ATMs were not very popular with consumers at first. But security enhancements, machine modifications, and consumer adoption over the next couple decades paved the way for the nearly 3 million ATMs worldwide today.

Read the following articles for interesting facts about the birth and growth of the ATM:

MSN MarketWatch Article “As the ATM turns 50, here are 5 things you didn’t know about it” dated June 27, 2017

ATM Marketplace Article “50 little-known facts about ATMs” dated June 27, 2017

Categories: ATM, Banking     Tags: ATM, Banking