I hate it when I am driving around in an unfamiliar part of my own town or am visiting another town and need an ATM. Finding an ATM can be a pain if you aren’t in familiar territory. Once you do find an ATM the fees that the machine charges are usually high as well.

MasterCard has announced a new app for the iPhone and iPod touch called ATM Hunter that makes sure no matter where you are you can find an ATM to get cash. The application uses the location services platform of the Apple devices to find ATMs near the user.