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Former headquarters, the American Bank Note Company Building at 70 Broad Street, Manhattan Printing plant in the South Bronx. American Banknote Corporation (parent to American Bank Note Company), trading as ABCorp, is an American corporation providing contract manufacturing and related services to the authentication, payment and secure access business sectors.
The first bank cards were ATM cards issued by Barclays in London, in 1967, and by Chemical Bank in Long Island, New York, in 1969. [3] In 1972, Lloyds Bank issued the first bank card to feature a personal identification number (PIN) for security along with the information-encoding magnetic strip. [4]
The first bank cards were automated teller machine (ATM) cards issued by Barclays in London in 1967, [5] and by Chemical Bank in Long Island, New York, in 1969. [6] In 1972, Lloyds Bank issued the first bank card to feature an information-encoding magnetic strip, using a personal identification number (PIN) for security. [7]
By the 1970s, the company had grown to include a number of additional Colorado locations including banks in Vail and Wheat Ridge. [11] [12] [13] In 1978, the organization consolidated under its current name, FirstBank. [5] [14] In 1985, the bank opened its first location outside Colorado in Palm Desert, California. [15] FirstBank expanded to ...
In 1997 AzeriCard was credited with creating the very first bank card in the country of Azerbaijan; the card was issued by the International Bank of Azerbaijan. [ 7 ] AzeriCard’s systems work with MasterCard, Visa, American Express, Diners Club, UnionPay and JCB International.
The card proved to be limited by its regional scope, as it was tied to the area surrounding the bank's New York City base of operations. [1] In 1969, the card was absorbed into Master Charge (now known as MasterCard), another card that had been developed by a membership association of four banks, the Interbank Card Association, which National City Bank joined.
In 1953, under the leadership of John Lauritzen, First National Bank became the first bank in the region and the fifth in the nation to issue credit cards. [3] In 1968, due to an investment in real estate not permitted under a straight banking charter, the bank reorganized as a subsidiary of the bank holding company, First National of Nebraska ...
John C. Biggins (died September 18, 1971) was an American banker and the inventor of Charg-It, a forerunner of the bank credit card. He created Charg-It in 1946 while working for Flatbush National Bank in Brooklyn , New York .