AUTOMATIC TELLER

MACHINE
A Study On Growth in Number
Of ATMs
“Lives Made Much
Easier”
History Luther Simjian vs John Shepherd-Barron vs Don
Wetzel

 In 1939, Luther Simjian patented an

early and not-so-successful prototype of
an ATM.
 James Goodfellow of Scotland holds the
earliest patent date of 1966 for a
modern ATM
 John D White (also of Docutel) in the
US is often credited with inventing the
first free-standing ATM design.
 In 1967, John Shepherd-Barron
invented and installed an ATM in a
Barclays Bank in London.
 Don Wetzel invented an American
made ATM in 1968.
The Benefits of ATM

 Increased Brand Presence

 Economical Customer Reach
 Your Own, Personal Billboard
 Secure Servicing
Reasons to Outsource ATM Management for Financial
Institutions
•Maintenance
•Network management
•Cash management