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PHOTO: AP Images
Easy Money
Displayed at the 1966 American Bankers Association annual meeting in San Francisco, this early prototype of the automated teller machine (ATM) was more like a bank's traditional drive-in window with a TV attached: Customers would verbally request that the tellers cash checks and issue currency via the monitored machine. In 1969, however, the first true ATM able to dispense cash via a magnetically encoded card appeared in a Long Island, NY, branch of Chemical Bank. Today there are 2.2 million ATMs worldwide, located everywhere from retail stores to the frozen wastes of Antarctica's McMurdo Station.
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