New post by Mon on June 29, 2017 at 05:20PM

#InTheNews #London

A Barclays bank in London transformed the ATM at its Enfield branch into gold, added a commemorative plaque and placed a red carpet in front for its users to celebrate the 50th anniversary of world’s first ATM.

The idea first came to a Scottish inventor John Shepherd-Barron, who worked for De La Rue, the banknote printer, to design a machine that dispensed cash after he arrived at his bank late by just a minute. John was taking a bath when he thought of creating an Automated Teller Machine.

Actor Reg Varney, who starred in the British TV comedy series On the Buses, was the first person to withdraw cash from the machine. There are an estimated 3m cash machines across the globe, with about 70,000 in the UK alone, which dispensed £175bn in 2016.

The world’s most northerly machine is at Longyearbyen, Svalbard, Norway, and the most southerly is at the McMurdo station at the south pole.

via Instagram by @thedigitalsavvy


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