Middle East Newsletter July 2020
Middle East Newsletter July 2020
Dear Member

I hope you all had a pleasant July!

A gentle reminder that we have set up a coronavirus and ATMs portal to keep you updated on industry impacts of the pandemic.

Please remember that we are always here to assist our members where we can and that you’re welcome to reach out to me with any questions you have.
Kind regards,
Andrew Dean

Executive Director, Middle East and Africa
C: +27(0)82 577.9921
P: +27(0)21 712.6604
News Update: Transactions Cleared on an Immediate Basis (TCIB - low-valye cross border credit transfers) 
In support of the SADC Strategy on Financial Inclusion and SME Access to Finance as a means to accelerate financial inclusion programmes in all SADC Member States, which was approved by the SADC Council of Ministers in September 2016. The SADC Banking Association has developed a payment scheme formally known as P2P (Payment to Payment) which is now known as TCIB – Transactions Cleared on an immediate Basis. The scheme allows  cross border low value credit transfers to be cleared through an appointed Regional Clearing and settlement operator (BankservAfrica), which perform the clearing leg of these transactions.
According to FinMark Trust, it is estimated that only 36% of the SADC population is considered banked, 18% have access to other formal (non-bank) financial services, and 12% use informal financial services.*  As a result, many people do not have access to formal mechanisms to send low value cross-border remittances. The informal financial services they use are often costly, slow and extremely risky.

The SADC Payment Scheme supports the Bank of International Settlements PAFI recommendations and the World Bank Group’s UFA2020 initiative, which are aimed at greater financial inclusion. The development of the payment scheme was benchmarked against the Bill and Melinda Gates Foundation Level 1 framework, and suitably adjusted for cross-border payments.

Deep and wide interoperability between all authorised payment service providers in the SADC should make cost effective, low value payments - directly into bank accounts or electronic mobile wallets - much easier.  

This payment stream includes Banks and non-banks authorized by their regulators thereby ensuring the widest reach possible to end clients.
Currently it is in a pre-regulatory approved controlled environment and has seen an increased involvement by banks and non-banks with +-64 participants currently various stages of on-boarding.
The scheme provides alternative options to connect to the regional clearing and settlement operator. Participants have the option to connect directly (through APIs (Application Programme Interfaces ), via  Hubs/PPSP(Payment Processing Service Providers, or ACH’s
In March 2019, the SADC Banking Association began offering training to participants and has seen an uptake by both banks and non-banks. Thus-far, 115 participants from banks and non-banks have received training on SADC BA TCIB Payments.
Since the World Health Organisation declared the Coronavirus a pandemic, the SADC Banking Association continues to provide online training.  The next scheduled training session is scheduled for 07 – 16 September 2020. For more information on this, please contact Ms. Pat Adams on training@sadcbanking.org.
Article written by Ms. Pat Adams – Manager of Communications & Training at the SADC Banking Association.
Join the Future-Proofing of the ATM Industry 
Over 360 companies have joined ATMIA’s Consortium for Next Gen ATMs which is developing a new API App model for future ATMs, including over 75 banks and financial institutions and the top IADs in the world.

It is free to join this global movement – simply email me at mike@atmia.com to become part of this critical exercise to ensure our technologies stay relevant for the next generation.

There is a next gen business case toolkit which identifies 22 cost-saving opportunities through embracing next gen architecture, 14 ways of improving revenue and 8 ways to build brand value. It enables a company to calculate potential Return on Investment depending on which sector of the industry you are in.

Please see the toolkit, a list of participating companies, best practices and so much more at the next gen portal.

Read the Ten Talking Points and join us today!

This project will shape the future in many ways creating a relevant and popular ATM for a new generation of consumers.

ATM Industry News and Items of Interest

The Future of ATMs in Banking

Standard Bank signs Covid-19 response loan with IFC

FNB is South Africa's best digital bank

ATMIA Weekly News and Special Offers

'Back to Work' promotion extended through the end of July!
We understand that Hiring Managers are looking for more than a simple job board, when it comes to finding and recruiting new ATM channel talent.  The ATM Industry Career Center is a robust recruiting resource that you will want to check out.

Employers can set up a free account on the ATM Industry Career Center website. ATMIA membership is not required, but members do receiv
e discounted rates. Once your account is set up:
  • Post jobs online quickly and easily, including confidential postings
  • Manage applications
  • Search resumes
  • Set up and email resume alerts
Make your company stand out among other employers with a variety of branding opportunities.
  • Create and attach a 60-second video to your postings
  • Use an enhanced job posting that can include elements of your company profile
  • Create and post a company profile page
  • Be part of the banner ad rotation
  • Make your posting a Featured Job to gain more attention

Until July 31st, you can purchase two 30-day postings for the price of one, and use them any time during the next six months.  So be ready to start re-hiring when the time is right.  

Contact ATMIA USA Executive Director, David Tente for more information.
Send us your News, Comments, and Feedback

Andrew Dean is Executive Director for ATMIA Middle East. He's available to help you and your business navigate all things ATM.

Feel free to reach Andrew by email at andrew.dean@atmia.com or telephone +27 (0) 82 577.9921 Mobile or +27 (0) 21 712.6604 Office.
Members of the Month: 
This month our Member of the Month is dedicated to all of our members in Africa, India and the Middle East. You can view the full list of members in your region here. 
ATMIA Academy
ATM Certification:
  • Operator
  • Balancing Clerk
  • Custodian
  • Field Controller
  • Operations Manager
  • Customer Service Rep.
Other Valuable Courses:
  • ATM Security
  • Value-Added Services
Register Now!
Benefits: Member to Member introductions

Connecting with ATMIA members is easy with our member to member introduction service. 

Sign into your account on the ATMIA website home page. Then go to the Member Directory and search for new contacts by keyword, company type, country or region. Full contact and other pertinent information is displayed for each ATMIA member. 

Simply click the Request Introduction button to email a personalized message with your contact information. Recipients will know that ATMIA sanctioned your outreach.

Try it Now...
Featured Reports

ATMIA recently published premium reports on a wide variety of topics from security to the future of the industry – to provide you with a competitive edge in growing your ATM business in the ever-changing ATM marketplace.

Global Sponsors
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