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It connects over 412,000 automatic teller machines (ATMs) in all 50 states in the United States. The network also has a small number of ATMs in certain U.S. Air Force Bases around the world, and over 3.3 million electronic funds transfer at point-of-sale locations.
ATMs are known by a variety of other names, including automatic teller machines (ATMs) in the United States [1] [2] [3] (sometimes redundantly as "ATM machine"). In Canada, the term automated banking machine (ABM) is also used, [ 4 ] [ 5 ] although ATM is also very commonly used in Canada, with many Canadian organizations using ATM rather than ABM.
Allpoint was founded in 2003 by entrepreneur Ben Psillas of ATM National, Inc., who was tired of looking for ATMs from his own bank. [2] In 2005, Cardtronics acquired ATM National, Inc. and Allpoint. [3] In September 2008, Allpoint added ATMs at 5,500 7-Eleven stores to its network. [4] In October 2010, the network expanded to Australia. [5]
It initially was composed of 2,000 ATMs linking 1,000 banks and their customers in 47 states. [2] As the booming ATM industry outgrew regional networks and began to go nationwide in the mid-1980s, credit-card giant Visa sought entry in the lucrative ATM network business and acquired a third of Plus System in 1987. Currently, there are over one ...
The IBM 3624 was released in 1978 as a second-generation automatic teller machine (ATM), a successor to the IBM 3614. [1] Designed at the IBM Los Gatos lab, the IBM 3624, along with the later IBM 4732 model, was manufactured at IBM facilities in Charlotte, North Carolina and Havant, England until all operations were sold to Diebold, tied to the formation of the InterBold partnership between ...
White-label automatic banking machines (ABMs) or white-label ATMs are ATMs that offer an alternative to traditional bank-owned ATMs for cash dispensing. These machines may be operated by an independent ATM deployer. White-label, or "no name," ATMs are commonly found in non-traditional locations, such as grocery stores or other non-bank venues.
As of the 2010s, the combined Pulse/TYME network included about 81,000 ATMs and 457,000 merchant point-of-sale locations. [ citation needed ] For the purposes of familiarity, some bank locations retained the former slot for the TYME signage and use a replacement slide with "ATM" rendered in the Neil Bold font used by TYME.
Automated Teller Machine In Dezfull, Southwest Iran Automated teller machines (ATMs) are targets for fraud, robberies and other security breaches. In the past, the main purpose of ATMs was to deliver cash in the form of banknotes, and to debit a corresponding bank account.