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ATM inventor receives British honor

January 2, 2005

BBC News: The Scot credited with inventing the ATM has been awarded an OBE (Officer of the Order of the British Empire) -- 40 years on. John Shepherd-Barron, 79, said the accolade was "better late than never."

He came up with the idea of the auto-teller in the early 1960s after becoming frustrated at not being able to access his own money at weekends.

He installed the world's first ATM at a branch of Barclays Bank in Enfield, North London, in 1967. At the time he was managing director of De La Rue Instruments.

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