ATMIA Applauds Recently Released Book on how ATMs Changed Banking

LONDON, UNITED KINGDOM, SIOUX FALLS, SD, USA, July 11, 2018, - ATMIA today congratulated top ATM historian, Professor Bernardo Batiz-Lazo, on the publication this week of his latest book on ATMs “Cash and Dash: How ATMs and Computers Changed Banking”. The book shows how the invention and development of the ATM has led to the birth and evolution of digital banking, from the 1960s to the present day. It tackles head on the drivers of long-term innovation in retail banking with an emphasis on the payment system.

Cash and Dash is available for order on Amazon 

“It’s a monumental achievement to trace the technological intricacies behind the invention of ATMs and how the whole universe of digital banking subsequently opened up,” commented Mike Lee, CEO of ATM.

Batiz-Lazo, who is Professor of Business History and Bank Management at Bangor University (Wales), explained that Cash and Dash was 10 years in the making and could not have happened without the financial support of the British Academy, Hagley Museum and Archives, and the Charles Babbage Institute at the University of Minnesota.

“The book is based on solid archival and contemporary research in the USA, UK, Sweden, Japan, Mexico, South Korea and many other countries to offer a comprehensive view of the globalisation of financial technologies,” the author said. “This task has greatly benefited from the support and encouragement of ATMIA’s members, many of whom shared their time and recollections to help interpret key moments and aspects of this technology, its current challenges, and its likely future.”

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ATMIA is the leading non-profit trade association representing the entire global ATM industry. ATMIA serves over 10,000 members from over 650 participating companies in 65 countries spanning the whole ATM ecosphere, including financial institutions, independent ATM deployers, equipment manufacturers, processors and a plethora of ATM service and value-added solution providers. ATMIA provides education, advocacy and connections to help its members keep abreast of industry news and developments; increase knowledge and professionalism; improve operational efficiencies; understand and influence regulatory processes; participate in the local, regional and global ATM community; and forge new relationships to advance their businesses. Founded in 1997, ATMIA has active chapters in the United States, Canada, Europe, Latin America, Asia-Pacific, Asia, Africa, India and the Middle East focusing on the unique needs and issues of each region. For more information, please visit atmia.com. Follow us on LinkedIn, Twitter or YouTube.