Monthly Archives: 05:16 PM

Payment systems in all their guises

Did you know that the Scotsman John Sheperd-Barron (1925-2010) is credited with inventing the first automatic cash dispenser? The first ‘hole-in-the-wall’ cash machine was installed in London in 1967. The first banknote dispensers appeared in Belgium nearly one year later, in 1968.

Coin production through the ages: casting, and manual or mechanical hammering

Coins gradually came into use for everyday transactions from 700 BC onwards. Nowadays, we cannot imagine being without them. They are recognised as a means of payment in virtually all cultures. This month we are therefore putting the “Spotlight” on coin production.