Did you know that Barclays bank played a pivotal role in the establishment of world’s first ATM (Automated Teller Machine)?
In busy world today, ATMs stand as crucial convenience for all.
But do we owe this convenience to Barclays, a British multinational investment bank with a history dating back to 1690?
Yes, indeed we do! Barclays took a leap into the future under the direction of its then Chief General Manager, John Shepherd-Barron.
Intriguingly, the idea of an ATM came to Shepherd-Barron while he was in a bathtub, pondering on the methods to withdraw cash outside banking hours.
This epiphany led to the creation and installation of the world’s first ATM at a Barclays branch in Enfield, North London, on June 27, 1967.
Thus began a global change in the banking sector, making Barclays a pioneer in revolutionizing how people accessed their money. # #
Tags: #ATMs #Barclays #moneyaccess #innovation