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John Shepard Barron creates the first ATM in a growing economy where self service was on a rise.
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ATMs were installed throughout the globe; the invention of the pin was created
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First online banking test was preformed by a few banks ( Citibank just to name one) to its customers in New York City.
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Signed by New York’s Governor George Pataki, to protect customers and make sure machines are safe to use.
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Paypal took over the world fast. The transfer of currency in digital wallets
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The USA bank was established and soon opened the following year
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Majority of all banks offer online banking
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Launched by Google as the first big company. Digital wallets were known as ewallets. A monetary storage, a cyber bank, or digital funds avalible from your bank (debit or credit card) or money transferred into your account.
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Apple pushed out a payment method to process iphone users transactions thru apps and web.
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Many efforts to satisfy customers have caused branches to close its doors and operate fully online. Consumers have built enough trust in their financial institutions that their banks offer more instinctive through online banking.
