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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).
Sept. 2, 1969: First U.S. ATM Starts Doling Out Dollars. 1969: Six weeks after landing men on the moon, Americans take another giant leap for mankind with the nationâs first cash-spewing, automated teller machine. The machine, called the Docuteller, was installed in a wall of the Chemical Bank in Rockville Centre, New York. It marked the first time reusable, magnetically coded cards were used to withdraw cash. A bank advertisement announcing the event touted, âOn Sept. 2, our bank will open at 9:00 and never close again!â.