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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).
Docutel was the first to apply for a patent and is credited by the Smithsonian Museum as inventor of the ATM, even though some say it was Luther George Simjian who invented it. Simjian's had patented a similar machine in 1939, but it was not a very successful version of the ATM. 2.