On This Day June 27

A Scot, John Shepherd-Barron, invented the ATM. Managing director of a security printing firm, De La Rue Instruments; he was lying in the bath when the idea of a cash dispenser occurred to him. Barclays Bank were impressed with Shepherd-Barron’s idea and the first DACS (De La Rue Automatic Cash System) was fitted outside the bank's branch in Enfield, north London on June 27, 1967. Comic actor Reg Varney was the first person to use the cash machine (see below).

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