The Future of Innovation: a Special Report
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15 Influential Innovations of the Past 50 Years


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Technology — Automated Teller Machine (ATM)

Early versions of the ATM appeared in the 1960s, but they dispensed only predetermined amounts of money and were not networked to computers. In the 1970s, however, after the magnetic stripe swipe card was introduced and the machines were networked to computers, the use of ATMs expanded quickly. These days these machines have become a part of daily life, and they allow many people to do their banking 24/7 without human contact.

Source: Wells Fargo, | Photo: Inti St Clair | Photodisc | Getty Images