ATM Inventor Joins Pantheon Of Rock StarsAnd Astronauts
LONDON - (01/03/04) -- The man who revolutionized financialservices by introducing the first automatic teller machine washonored by the Queen last week along with rock star Roger Daltrey,lead singer for the Who, and British-born astronaut Michael Foaleas Commanders of the Order of the British Empire. JohnShepherd-Brown, 79, installed the world's first ATM almost 40 yearsago for Barclays Bank, in Enfield, North London. Shepherd-Browndeveloped the idea for an automated teller after he becamefrustrated at not being able to get cash on weekends. In 1967, asmanaging director of De La Rue Instruments, he initiated what hasbecome a world-wide practice, the trip to the ATM. Shepherd-Brownwent on to supervise the installation of ATMs in Switzerland,Philadelphia and Tokyo.