COVID-19 generates unfounded fears of cash
COVID-19 generates unfounded fears of cash

COVID-19 pandemic generates unfounded fears of cash

We continue to see the spread of misinformation in the vacuum created by a lack of definitive scientific knowledge about how this deadly new virus behaves and how it can finally be contained. Some reports and agencies are using pseudo-science to spread a negative message about not using cash during the epidemic. in response, many of the central banks (including Bank of Canada) are issuing statements supporting the continued use of cash.  It is no more “dirty” than most surfaces in our daily lives, from door knobs to touchscreens, from handrails in trains and buses to tables in restaurants and pubs. Any physical object has surfaces which can potentially become contaminated by germs or even a virus. 
Singling out cash makes no sense. Cash is typically not publicly displayed. Cash is usually in a pocket, purse, or cash drawer where it is much less likely to be exposed to respiratory droplets when people sneeze, or cough.
ATMIA Canada reacted quickly to this situation, as we believe it can harm the much-needed economic recovery that will come.  Letters were sent to the Finance and Health ministers of each province and federal government, cautioning them to not drive a loss in confidence in cash or it will slow the recovery.
Hill and Knowlton was instrumental in helping ATMIA Canada turn around these letters and ensure that the future discussion around cash is driving a return to consumer confidence – and merchant’s enthusiastic acceptance of cash post COVID-19.
In addition, ATMIA has created a Coronavirus web page that is open to the general public.  It includes links to numerous statements on the use of cash during the pandemic and infographics that ATM operators can display to promote cash and ATMs.   Links to statements by numerous central banks and government agencies are available as additional references on cash use.  And any news item that includes a reference to coronavirus is added to the news feed.
Stay safe and keep well in these challenging times.

David

Feel free to reach ATMIA Canada executive director David Tente by email at david.tente@atmia.com or telephone +1.407.833.7906.

Canada's premier ATM conference has been rescheduled due to pandemic restrictions

If you play any role in the ATM channel – or even mobile payments and cash management – the ATMIA biennial Canada conference and expo is the one event this year that you simply must not miss!  So, here are just a few of the many reasons that you should participate:
  • This conference is biennial and Canada’s most important ATM event, which will not come around again for another two years
  • Our 2020 program has been restructured to a more traditional format, strictly composed of relevant and inciteful educational sessions
  • Networking opportunities abound during the Evening Reception after the educational program concludes on Wednesday
  • Make new connections and refresh old ones though networking with your peers in the exhibit hall
  • Board members are encouraged to attend the in-person meeting Wednesday morning, led by the newly elected Co-chairs
  • Non-member attendees can receive a discount on joining ATMIA Canada
  • Get to know the new ATMIA Canada Executive Director, David Tente, and other ATMIA staff members
  • Set aside some time to enjoy our exciting host city, Vancouver
So please do plan to join us at the beautiful Sheraton Vancouver Wall Centre, now scheduled for September 22 - 23, 2020.  The ATMIA room block will be available until August 31.  Exhibit space is limited, but still available.
Register now so you don't miss it!  Because if you do, you will have to wait until 2022 for another chance.

Big Money. Vulnerable Targets.

The latest trends in ATM and CIT Crimes.

What are the most tempting targets for criminals looking for a fast payout? Wherever large amounts of cash are at their most vulnerable: ATMs, Cash Machines, and Cash Couriers. Criminals see all types of cash machines as mini safes, but with a much lower level of security than bank vaults. Similarly, armored carriers are vulnerable and exposed when parked with doors wide open while messengers are transporting cash. 3SI’s white paper, What You Need to Know: ATM & CIT Crime Trends & Solutions shows how to protect your cash, your machines, your investments, and your people from attack.
Recorded strikes on ATMs have increased dramatically, and attacks on CIT carriers remain a constant threat. Crime trends and new forms of attacks are arriving in the U.S. from other parts of the world – which is why we look forward to attending the ATMIA US Security Conference in September 2020. Emerging threats will be a lead topic of discussion, along with current crime trends and business threats. 3SI experts will be on-hand to discuss and demonstrate solutions that combat these crimes.

Be ready to
re-hire

Get ready to hit the ground running when the economy re-opens.  The industry's best  and brightest talent can be found on the ATM Industry Career Center – and at member pricing that is exceptionally competitive.  Post to a job board that serves one field – not several.  We are a niche job board created specifically for the ATM community, so our candidates have the specialized skills and relevant, up-to-date experience to match exactly what you’re looking for.
Employer Benefits:
  • Targeted advertising exposure
  • Easy online job listing management
  • Resume search included with job posting
  • Automatic email notifications when job seekers match YOUR criteria
  • Member discounts available
To date, the Career Center has registered 216 job seekers, attracted  nearly 5,000 new visitors and generated 131 job applications.
Intern ads are free and other postings start at only $200.  For more information, contact U.S executive director, David Tente, or global director of finance and member services, Sharon Lane

Connections

ATMIA Facebook Page

Have you checked out ATMIA's Facebook page yet?  The greatest benefit of joining our community on Facebook is keeping abreast of ATM industry news and developments on:
  • Latest technology
  • Operational efficiencies
  • Upcoming ATM focused events
  • And more….
On our page, you can find all things ATM's and so much more. "Like" us on Facebook us today!

It's Easy to Start Referring  . . .  and Earning

ATMIA membership helps your business save time, money and resources through top-notch educational opportunities, premier advocacy services, meaningful connections and industry visibility. Want to earn discounts on your membership?

How it works:

1. Promote the Referral Program to your friends and affiliates with your custom promo code. Find your code under "my account" on the ATMIA website.
2. New Companies Receive a 20% Discount on their ATMIA membership.
3. You Receive a $50 USD Discount on your renewal when they join.
Upcoming committee meetings

Canada Regional Board

The Canada Regional Board meets three times a year to discuss important issues, committee activities, and the financial health of the chapter. The next  meeting is scheduled for Wednesday, September 2 at 7:00am CT, in conjunction with the biennial Canada conference in Vancouver.  It is open to all Canada board-level members.

Canada Goverment Relations Committee

The Canada GRC meets three times a year to discuss regulatory and compliance issues, advocacy, and other government related matters.  The next  meeting is scheduled for Tuesday, June 30 at 11:00am ET and is open to all Canada members.  
Questions and requests for committee meeting invitations may be directed to David Tente

Welcome our new members

New Canada members for 2020:  

Small Business level membership

Associate level membership

Your Company Name Here, Toronto, ON
New ATMIA Canada members are not only listed in the newsletter with a link to their company website, but also introduced to the entire membership with up to two paragraphs of information about the business and its focus.  Join ATMIA Canada today and put yourself on the front page of the next issue.
Did You Know?  You can upgrade your membership level at any time.  Move up to Board level for greater visibility and a stronger voice in the direction of the Region.  Interested in becoming a Canada Regional Board Member?  A unique membership level for financial institutions?  Contact David Tente for more information on this and other membership options.
Don't Forget - if your membership is expiring soon, you can receive a 5% discount by renewing before the end of the month in which it expires.

ATMIA Membership Benefit Reminder

There are so many benefits to ATMIA membership, it's easy to lose track of them all.  Watch the Newsletter each month for reminders about one of those membership benefits and tips about how to take advantage of it.

Show Others Your Membership Status

Your company and you are proud members of ATMIA, why not share the news with others? We invite you to download our logo and post your membership status for others to see on your website, social media, marketing and more! You can login to the website and download the logos at https://www.atmia.com/about-us/brand-assets/.

Membership News

Scotiabank, Tangerine team up with MLSE to feed healthcare workers, shelters

Monday, April 27, 2020
Company: Scotiabank

Professional sports may be on an indefinite hiatus due to the COVID-19 pandemic, but furious activity remains on the floor of Scotiabank Arena: preparation of tens of thousands of meals for delivery to frontline hospital workers, non-profits and charities such as shelters and food banks throughout the Greater Toronto Area..

RBC helps business clients improve liquidity with the BDC Co-Lending Program

Monday, April 27, 2020
Company: RBC Royal Bank

RBC announced the availability of the Government of Canada’s Business Development of Canada (BDC) Co-Lending Program. The BDC Co-Lending Program provides eligible business clients with a loan of up to $6.25 million CAD, jointly financed by RBC and BDC. The loan is intended to help eligible businesses impacted by COVID-19 with a boost in liquidity to cover critical business expenses such as rent, payroll and utilities to maintain operational continuity.
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RBS introduces ‘immediate release’ approach to help lessen impact on bank's suppliers

Tuesday, April 14, 2020
Company: RBS Royal Bank of Scotland

To support suppliers' cashflow during this time, RBS has changed its approach to paying suppliers by moving all UK and RoI supplier payments to immediate release until 30 June.

Industry News

ATMs and Cash on the Frontlines

April 23, 2020 - ATM Industry Association
As a sign of pride in our industry, ATMIA wishes to put together a portfolio of photographs and stories which will be published online around the provision of cash and other ATM services in the frontlines of the pandemic.

Latest Insights from The Cash Repository

The Cash Repository

The Cash Repository is your source for a wide range of current data and information about the global role of cash in society, from a variety of sources.
Recent Articles & Resources
Brand Building Opportunity

Sponsoring ATMIA Canada Chapter newsletter can help your company build brand awareness, stay top of mind, increase customer loyalty and drive new sales.  

Member Rate = $500 for 1 Issue, or $1,000 for 3 Issues

Sponsorship includes:
  • Logo and website link in newsletter top box, right column
  • 500 word company backgrounder article with two photos placed in media library on ATMIA website for two years with distribution to global and regional members. If taking up 3 issue offer, same article can be shared via link in each of the following two newsletters

Member of the Month for May/June

DPL has been a loyal ATMIA member since 2006 and became a Global Sponsor in 2016.  Their story officially began in 1974. Those early days set the stage for a successful venture in telco product development, many of which are still in production. In the late 1990s, fueled by the emerging digital cellular networks, DPL began early prototyping of M2M products (now known as IoT). Hercules was born in 2004 out of their R&D department, ready to take the ATM industry by storm. It quickly became DPL's flagship product due to ease of installation, obvious ROI and unique feature set. Hercules is now responsible for handling over 100 million financial transactions each year through its PCI DSS certified platform.
Upcoming Conferences
CANADA BOARD MEMBERS
CANADA GLOBAL BOARD MEMBERS
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