ATM inventor dies at 84
The man credited with inventing the world’s first automatic cash machine has died.
John Adrian Shepherd-Barron was born in Shillong, Assam (now Meghalaya), India. Educated at the University of Edinburgh and University of Cambridge, he went on to work for De La Rue Instruments in the 1960s and came up with the concept of a self-service machine which would dispense paper currency with 24/7 availability.
This was the Automated Teller Machine (ATM), the first machine was established outside an Enfield, north London, branch of Barclays Bank in 1967, when he was Managing Director of De La Rue Instruments; according to the ATM Industry Association, there are now more than 1.7 million installed worldwide.
He received the Order of the British Empire in the 2005 New Year’s Honours list for services to banking as “inventor of the automatic cash dispenser”. Shepherd-Barron told the BBC that he was inspired by chocolate vending machines.