ATM Banking Automata
Automatic Teller Machines were initially developed at CGE subsidiary Transac. Transac was incorporated into Bull in 1983.
SIAB was a joint venture to develop ATM devices to have
them resold by Olivetti and Bull. It incorporated the technology designed by Olivetti in
Carmagno (Piemonte-Italy) and transfer it in a brand new plant installed in Cassis, near
Marseille (France). The management of SIAB was primarily Italian.
The technology included credit cards readers (both magnetic and smart-cards), a CRT display, a keyboard, a bill distributor, communications lines with bank computer(s) and secure enclosure facility.
The system was powered by a PC board.
When Olivetti got out from the computer business, the venture was doomed.
Bull decided to sell its ATM business to Diebold.
Revision : 19 février 2002.