New Book Details the History of the ATM

“Cash Box” is the first comprehensive look at the history of the device that forever changed banking.

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Cash Box: The Invention and Globalization of the ATM

Cash Box: The Invention and Globalization of the ATM

"This book is a much-needed and commendable contribution to understanding the rise of the self-service consumer society most of the world lives in today." - Michael Lee, CEO, ATMIA

(PRWEB) February 21, 2013

Networld Media Group, publishers of ATMmarketplace.com and other leading business-to-business web portals, has published “Cash Box: The Invention and Globalization of the ATM,” the first book to detail the five-decade history of the simple cash-dispensing machine that has survived competing technologies, evolving consumer habits and cultural shifts.

Thoroughly researched and documented, “Cash Box” guides readers on a journey through the ancient origins of money to the sudden appearance of cash dispensers in the 1960s. The book unravels the machine’s invention story and reveals intriguing historical facts:

  • How the PIN came to be
  • Why IBM backed out of ATM manufacturing
  • How the machine has thrived despite massive regulation and fraud
  • The story of the global ATM Industry Association (ATMIA)
  • Why so few non-cash ATM functions were accepted by consumers
  • The truth about the cashless society

“The ATM is currently undergoing some significant evolutionary developments,” writes ATMIA CEO Michael Lee in the book’s foreword. “As a futurist, I know you cannot understand where a technology is going until you know where it comes from. This book is a much-needed and commendable contribution to understanding the rise of the self-service consumer society most of the world lives in today.”

“Cash Box” is sponsored by Pendum, the nation’s largest independent ATM service provider, and is available for purchase as a single copy or in bulk, with customization options available. To purchase an individual copy, click here: http://www.networldmediagroup.com/inc/sdetail/8593/14915. For bulk purchase options, please contact Liz Matney lizm(at)networldmediagroup(dot)com.


Contact

  • James Bickers
    Networld Media Group
    502-241-7545
    Email