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What the story of the ATM teaches us about innovation
25 June 2012
By Stephen Caddick, Vice-Provost (Enterprise) at UCL
45 years ago this week, an innovation which brought the British banking industry into the modern age was installed in Enfield, north London – the cash machine.
Truly innovative for its time, the ATM was the brainchild of one man, John Shepherd-Barron, after a brainwave when noticing how technology behind vending machines could be applied to banking.
Read the full article at independent.co.uk