Automated teller machine

ATMATMsautomatic teller machineautomatic teller machinesautomated teller machinescash machinecash machinesATM machineautomated banking machinecash dispenser
An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, transfer funds, or obtaining account information, at any time and without the need for direct interaction with bank staff.wikipedia
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Personal identification number

PINPINsPIN code
Customers are typically identified by inserting a plastic ATM card (or some other acceptable payment card) into the ATM, with authentication being by the customer entering a personal identification number (PIN), which must match the PIN stored in the chip on the card (if the card is so equipped), or in the issuing financial institution's database. Mohamed Atalla invented the first hardware security module (HSM), dubbed the "Atalla Box", a security system which encrypted PIN and ATM messages, and protected offline devices with an un-guessable PIN-generating key.
The PIN originated with the introduction of the automated teller machine (ATM) in 1967, as an efficient way for banks to dispense cash to their customers.

ATM card

cash cardsbank cardbank cards
Customers are typically identified by inserting a plastic ATM card (or some other acceptable payment card) into the ATM, with authentication being by the customer entering a personal identification number (PIN), which must match the PIN stored in the chip on the card (if the card is so equipped), or in the issuing financial institution's database.
An ATM card is a payment card or dedicated payment card issued by a financial institution which enables a customer to access automated teller machines (ATMs).

ATMIA

ATM Industry Association (ATMIA)
According to the ATM Industry Association (ATMIA), there were close to 3.5 million ATMs installed worldwide.
The ATM Industry Association (ATMIA), originally the ATM Owners Association, was established in 1997 in the United States as a global nonprofit trade association to service an industry that built around the global growth of the ATM.

White-label ABMs

white-labelwhite-label ATMs
ATMs that are not operated by a financial institution are known as "white-label" ATMs.
White-label automatic banking machines (ABMs) are ATMs that provide an alternative source of cash dispensing vis-à-vis traditional automatic banking machines (ABMs) from banks.

IBM

International Business MachinesIBM CorporationInternational Business Machines Corporation
The online version of the Swedish machine is listed to have been operational on 6 May 1968, while claiming to be the first online ATM in the world, ahead of similar claims by IBM and Lloyds Bank in 1971, and Oki in 1970. Not only did future entrants into the cash dispenser market such as NCR Corporation and IBM licence Goodfellow's PIN system, but a number of later patents reference this patent as "Prior Art Device".
Inventions by IBM include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, the UPC barcode, and dynamic random-access memory (DRAM).

John Shepherd-Barron

This instance of the invention is credited to the engineering team led by John Shepherd-Barron of printing firm De La Rue, who was awarded an OBE in the 2005 New Year Honours.
John Adrian Shepherd-Barron, OBE (23 June 1925 – 15 May 2010 ) was a British inventor, who led the team that installed the first cash machine, sometimes referred to as the automated teller machine or ATM.

RAS syndrome

redundantlyredundant acronymFest
ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine").
Two common examples are "PIN number" / "VIN number" (the "N" in PIN and VIN stands for "number") and "ATM machine" (the "M" in ATM stands for "machine").

NCR Corporation

NCRNational Cash RegisterNational Cash Register Company
Not only did future entrants into the cash dispenser market such as NCR Corporation and IBM licence Goodfellow's PIN system, but a number of later patents reference this patent as "Prior Art Device".
The NCR Corporation, previously known as National Cash Register, and for a brief period known as AT&T Global Information Solutions, is an American technology company that makes self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, barcode scanners, and business consumables.

NatWest

National Westminster BankNatWest BankWestminster Bank
The Barclays–De La Rue machine (called De La Rue Automatic Cash System or DACS) beat the Swedish saving banks' and a company called Metior's machine (a device called Bankomat) by a mere nine days and Westminster Bank's–Smith Industries–Chubb system (called Chubb MD2) by a month.
NatWest is considered one of the Big Four clearing banks in the UK, and it has a large network of over 960 branches and 3,400 cash machines across Great Britain and offers 24-hour Actionline telephone and online banking services.

OKI (conglomerate company)

OkiOKI6295Oki Electric Industry
The online version of the Swedish machine is listed to have been operational on 6 May 1968, while claiming to be the first online ATM in the world, ahead of similar claims by IBM and Lloyds Bank in 1971, and Oki in 1970.
OKI manufactured the first telephone in Japan in 1881, and now specializes not only in developing and manufacturing telecommunication equipment but also in information products and mechatronics products, such as Automated teller machine (ATMs) and printers.

Barclays

Barclays BankBarclays plcBarclays Bank plc
A cash machine was put into use by Barclays Bank in its Enfield Town branch in North London, United Kingdom, on 27 June 1967.
In 1967, Barclays deployed the world's first cash dispenser.

Donald Wetzel

Docutel
After looking firsthand at the experiences in Europe, in 1968 the ATM was pioneered in the U.S. by Donald Wetzel, who was a department head at a company called Docutel.
Donald C. Wetzel (born January 3, 1929 - November 28, 2019) is an American businessman known for holding the USA patent to the automatic teller machine.

Independent ATM deployer

not operated by a financial institution
ATMs that are not operated by a financial institution are known as "white-label" ATMs.
An independent ATM deployer (IAD) is a non-financial institution that owns, manages, and places ATMs (cash machines) in retail premises or elsewhere.

IBM 3624

Its PIN verification process was similar to the later IBM 3624.
The IBM 3624 was a late 1970s second-generation automatic teller machine (ATM), a successor to the IBM 3614.

Utimaco Atalla

Atalla CorporationAtallaAtalla Box
He founded Atalla Corporation (now Utimaco Atalla) in 1972, and commercially launched the "Atalla Box" in 1973.
Atalla provides government-grade end-to-end products in network security, and hardware security modules (HSMs) used in automated teller machines (ATMs) and Internet security.

Hardware security module

security systemsHSMHSMs
Mohamed Atalla invented the first hardware security module (HSM), dubbed the "Atalla Box", a security system which encrypted PIN and ATM messages, and protected offline devices with an un-guessable PIN-generating key.
He invented a high security module dubbed the "Atalla Box" which encrypted PIN and ATM messages, and protected offline devices with an un-guessable PIN-generating key.

Interbank network

interbank networksATM networkinterbank
Most ATMs are connected to interbank networks, enabling people to withdraw and deposit money from machines not belonging to the bank where they have their accounts or in the countries where their accounts are held (enabling cash withdrawals in local currency).
An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network.

Lloyds Bank

Lloyds TSBLloydsLloyd's Bank
The IBM 2984 was designed at the request of Lloyds Bank.
Lloyds Bank is the largest retail bank in Britain, and has an extensive network of branches and ATM in England and Wales (as well as an arrangement for its customers to be serviced by Bank of Scotland branches in Scotland, Halifax branches in Northern Ireland and vice versa) and offers 24-hour telephone and online banking services.

Keypad

keypadsnumeric keypad
The device consisted of two keypads, one for the customer and one for the teller.
Numeric keypads are found on alphanumeric keyboards and on other devices which require mainly numeric input such as calculators, push-button telephones, vending machines, ATMs, Point of Sale devices, combination locks, and digital door locks.

NYCE

New York Currency Exchange
Some examples of interbank networks include NYCE, PULSE, PLUS, Cirrus, AFFN, Interac, Interswitch, STAR, LINK, MegaLink, and BancNet.
The New York Currency Exchange (NYCE) is an interbank network connecting the ATMs of various financial institutions in the United States and Canada.

ATM usage fees

convenience feedirect ATM feefees for debit card ATM usage
Many banks charge ATM usage fees.
ATM usage fees are the fees that many banks and interbank networks charge for the use of their automated teller machines (ATMs).

BancNet

Some examples of interbank networks include NYCE, PULSE, PLUS, Cirrus, AFFN, Interac, Interswitch, STAR, LINK, MegaLink, and BancNet.
BancNet (also spelled Bancnet) is a Philippine-based interbank network connecting the ATM networks of local and offshore banks, and the largest interbank network in the Philippines in terms of the number of member banks and annual transactions.

Reg Varney

This machine was inaugurated by English comedy actor Reg Varney.
The world's first voucher-based cash dispensing machine was installed at the Enfield Town branch of Barclays Bank.

Mohamed M. Atalla

Mohamed AtallaMartin Mohamed AtallaMohamed Mohamed Atalla
Mohamed Atalla invented the first hardware security module (HSM), dubbed the "Atalla Box", a security system which encrypted PIN and ATM messages, and protected offline devices with an un-guessable PIN-generating key.
In 1973, he released the first hardware security module, the "Atalla Box" which encrypted PIN and ATM messages, and went on to secure the majority of the world's ATM transactions.

MegaLink

Some examples of interbank networks include NYCE, PULSE, PLUS, Cirrus, AFFN, Interac, Interswitch, STAR, LINK, MegaLink, and BancNet.
MegaLink (also spelled Megalink) is a Philippine-based developer of mobile and banking software as well as a service provider for banks, specifically for automatic teller machine networks and point of sale systems of banks in the country.