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FINANCE<br />

USA<br />

The world’s first<br />

wireless ATM is<br />

deployed on a riverboat<br />

casino in USA.<br />

1998<br />

POLAND<br />

The world’s first<br />

biometric ATM is<br />

unveiled in Poland.<br />

2010<br />

UNITED ARAB<br />

EMIRATES<br />

The Emirates Palace<br />

hotel in Abu Dhabi<br />

installs a gold<br />

dispensing ATM.<br />

2010<br />

The world celebrates<br />

50 years of the ATM.<br />

Not too shabby for an<br />

invention that even the<br />

inventor thought<br />

would die out after a<br />

couple of years.<br />

2017<br />

FIRST ATM DEPLOYMENTS BY REGION<br />

Russia<br />

Canada<br />

Iceland<br />

Norway<br />

Finland<br />

Denmark<br />

Sweden<br />

Switzerland<br />

United Kingdom<br />

Ireland<br />

Netherlands<br />

Germany<br />

France<br />

Poland<br />

Ukraine<br />

Belarus<br />

Republic of<br />

Korea<br />

1960's<br />

1970's<br />

1980's<br />

1990's<br />

2000's<br />

Mexico<br />

Nicaragua<br />

Guatemala<br />

Costa Rica<br />

El Salvador<br />

Columbia<br />

Ecuador<br />

Peru<br />

USA<br />

Jamaica<br />

Honduras<br />

Virgin Islands<br />

Dominican<br />

Puerto Rico Republic<br />

Venezula<br />

Guyana<br />

Chile<br />

Bolivia<br />

Argentina<br />

Uruguay<br />

Brazil<br />

Spain<br />

Portugal<br />

Ghana<br />

Nigeria<br />

Cyprus<br />

Greece<br />

Turkey<br />

Egypt<br />

Iran<br />

Lebanon<br />

Pakistan<br />

Kenya<br />

Tanzania<br />

South Africa<br />

India<br />

Afghanistan<br />

Iraq<br />

Kazakhstan<br />

Vietnam<br />

Laos<br />

Singapore<br />

Indonesia<br />

China<br />

Hong Kong<br />

Malaysia<br />

Philippines<br />

Thailand<br />

Japan<br />

Australia<br />

New Zealand<br />

THE FUTURE<br />

With digital payment systems like Apple Pay,<br />

Samsung Pay and Google Wallet; digital currencies<br />

like Bitcoin and Ethereum; and not to mention the<br />

ability to pay using debit and credit cards, many<br />

believe ATMs are getting redundant. The problem<br />

with that theory is that there is more cash sloshing<br />

about than ever before. Euro notes and coins in<br />

circulation have doubled in number since the<br />

introduction of the common currency. Twice as<br />

many dollar bills are in circulation now than two<br />

decades ago. Americans took more money out of<br />

ATMs in 2012 than they did in 2003. Digital money is<br />

well and good, but there’s still a long way to go<br />

before we stop using ATMs.<br />

33<br />

EQUITY

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