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John Shepherd-Barron installed the worldâs first ATM at a branch of Barclays Bank in London in 1967. At the time, he was the managing director of De La Rue Instruments. The âauto-tellerâ invented by Shepherd-Barron could perform 24/7 transactions (perform transactions at any time during 24 hours/day and 7 days/week).
The world's first ATM was installed in a branch of Barclays in Enfield, north London, 40 years ago this week. Reg Varney, from the television series On the Buses, was the first to withdraw cash. Inspiration had struck Mr Shepherd-Barron, now 82, while he was in the bath.