Commercial insurance

Major Business and consumer innovations

  • First computer

    First computer
    German scientist, Konrad Zuse created the world's first computer, called Z3, in 1941 in his parents' living room. It read its programs off of punched film. In 1944, Dr. Howard Aiken of Harvard designed the Mark I, the first computer to perform long calculations automatically. It was built by IBM. The Electronic Numerical Integrator and Computer, the world's first electronic digital computer, was introduced by physicist John Mauchly in 1942, introduced to the public in 1946.
  • Credit Card

    Credit Card
    The first universal credit card, which could be used at a variety of establishments, was introduced by the Diners’ Club, Inc., in 1950.
  • First Audio Casette Invented

    First Audio Casette Invented
    The Philips Company of the Netherlands invented and released the first compact audio-cassette in 1962