1st Automated teller machine (ATM) installed

Inventor Luther Simjian created the "Bankograph," a machine capable of accepting coins, cash, and checks—though it couldn’t dispense cash. His patent for the device was filed in 1960 and granted in 1963. Simjian's company, Reflectone Electronics, was acquired, which delayed the rollout. 

An experimental Bankograph was installed in NYC by the City Bank of New York, but it was removed after six months due to limited customer interest. The bank declined to use the machine after that, because “the only people using the machines were a small number of prostitutes and gamblers.”

A cash machine was put into use by Barclays Bank, Enfield, north London in the UK, which is recognized as the world's first ATM. The Inventor was John Shepherd-Barron, an employee of De La Rue. The unit allowed customers to withdraw up to £10 at a time, required a PIN.