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A bank's automatic telling machine (ATM) is characterized by th... | Filo

ATM - The first Automated Teller Machine was invented by John Shepherd-Barron in 1967, with the intent to facilitate the financial transactions after banking hours. This is one of the most revolutionary inventions in the history of banking. With the adoption of this technology, Barclays bank became the first bank to provide a faceless cash dispensing facility. Today there are over 3.5 million ATMs installed all over the world. In the past decade digital banking has become more popular, cash stil