History·18 February 2026·4 min read
The ATM — the bank open around the clock
In 1967, a machine began handing out money from a wall. It changed our relationship with the bank forever.
The first ATM was installed in London in 1967. For the first time, you could withdraw money without entering the bank and without opening hours — the bank became available around the clock.
The first step toward digital banking
The ATM was the first time a machine replaced the teller. It paved the way to internet banking and apps — the world where the bank fits in a phone, just like Kosron Bank.
