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Michael Mehmet, Associate Professor in Marketing, University of Wollongong

MYSTERIOUS: Your bank is already using ai but what s coming next could be radically new | Mind Blowing Facts

Andriy Onufriyenko/Getty

In June 1967, the world’s first “automated teller machine” or “ATM” was unveiled at a branch of Barclays Bank in north London in a grand ceremony.

That very first system looked a bit different to the one we know and use today. But almost six decades later, it’s hard to imagine a world where people could only withdraw cash during banking hours.

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