Father of ATM?

ATM (Automatic Teller Machine) - is an automated device that allows bank customers to withdraw and check their accounts (compte bancaire, account) without bank staff, without having to go to the bank. because any ATM can be used. There are many ATMs that can also allow deposits or transfers from their funds.

1: Press the card;
3: Write down what the machine asks on the screen;
2: Money will be given.

Who invented the money generator?

Many people argue about who is the father of automatic ATM machine. Some say that Luther George Simjian Turkish inventor. Someone said Don Wetzel. Others said John Shepherd-Barron. John D. White contacted ATMmachine.com and made many obvious arguments that John Shepherd-Barron was the inventor of the ATM and not Don Wetzel. Just like John D. White, Scotland's James Goodfellow, also contacted ATMMachine.com and concluded like White. When the invention of the ATM that we know has not been applied for many years after Simjian, the confusion remains. The reason for the confusion is John Shepherd-Barron in the UK, James Goodfellow in Scotland while others are in the United States.

Luther George Simjian

In the 30s, Luther George Simjian began to do a type of ATM that was not very successful, but he registered with the invention. He was the first person to create a machine in a hole in the wall for customers to do financial transactions (financial transactions). This idea met with great suspicion. Beginning in 1939, Simjian registered 20 patents for this and convinced a bank that today Citicorp gave him a try. After 6 months, the bank thought that demand was low.

John Shepherd-Barron:

John Shepherd-Barron thought of a money generator in the 1960s. (Photo: BBC) In the 60s John Shepherd-Barron came up with a cash dispenser. At that time, he was managing director for De La Rue Instruments. De La Rue now makes a cash generator. In fact, De La Rue only made 1 out of 5 machines in the world. In 1967 the first cash generator was placed at Barclays Bank's branch in London, England. He then introduced his product to 2000 bankers in Miami during a seminar. On December 31, 2004, Shepherd-Barron was awarded by the Queen of England the Order of the Officer of the British Empire, (OBE).

James Goodfellow

A development engineer for Smiths Industries Ltd.,. In 1965 James Goodfellow proposed a project to develop an automatic cash generator. Chubb Lock & Safe Co. production of safe storage equipment and machines for ATM. Of course, Mr. Goodfellow designed a system that could accept a readable encrypted card of the machine, where he added a digital keypad (numeral keypad). His invention was UK patent No. 1, .197,183, May 2, 1966 and US patent number 3,905,461 protected and protected in many other countries. His US patent still describes the function of ATM after nearly 40 years. These machines were marketed by Chubb LTD and were equipment for the whole UK in the 1960s and early 70s. We can read here: ATM inventor James Goodfellow's story here on ATMmachine.com.

Don Wetzel, Tom Barnes and George Chastain

In 1968, on NMAH's interview, Don Wetzel, deputy director of Product Planning at Docutel, a company that developed automated luggage management said he had patented ATM patents. with two collaborators, Tom Barnes, mechanical engineer, and George Chastain, electrical engineer. Don Wetzel uses 5 million dollars to develop their ATMs.

John D. White

John D. White said at ATMmachine.com that his work began in 1968. He said the first ATM was located at Rockville Center, LI and then at the Chemical Bank in August 1973. Design His was protected on May 9, 1973 for the corporation Docutel Corporation. The device is named "Credit Card Automatic Currency Dispenser". Mr. White provided the patent for the name John D. White and Kenneth Goldstein, the Docutel Corporation signed on the degree. His machine is like a modern ATM, which means " both code, original and updated, are exchanged for anti-theft", like like today. ATMs are programmed with security keys, codes are changed and stir between ATM, bank and network processor (network processor) to prevent credit card frauds from being used to Unmount the ATM.

Scramble for fatherhood

The medal award for John Shepherd Barron did not make James Goodfellow content. He said that he was entrusted with the automated money generator project, and to ensure customer safety, he imagined it all, including the use of pointing, receiving a good voice using biometrics ( biometry). He asserts that he is the author of the concept (conception) of the crypté card, thanks to his own password number.

John Shepherd-Barron said he never heard anyone speak of James Goodfellow and reiterated that he was the first person to build a money generator powered by magnetic plates (tea magnétique) encoded by radioactive carbon C14.