Browsing articles tagged with " ATM Machine"

Who Invented the ATM Machine

ATM Machine

The idea of creating a standalone device which would enable people to make financial transactions was first propounded by Luther George Simjian, a Turkish photographer and businessman. He started building basic and not so sophisticated versions of the ATM machine in the late 1930’s and filed for 20 patents related to the devices. However, his efforts were met out with scepticism and the financial institution that did attempt the installation of the teller machine witnessed […]