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Happy New Year!
The fresh, sparkling year starting is a good time for a change and I have an announcement to make about a change in my life.
After nearly six years, as of today, the 6th of January, I am no longer providing services as the Executive Director of ATMIA Europe. Mike Lee, the ATMIA CEO, will take on the role on an interim basis immediately.
At a personal level, whilst I will continue to provide some services to the ATMIA in the UK on a consultancy basis, the time has come to spread my wings again!
I am planning to devote a portion of my time in 2020 to my role as Chairman of CaLP, the Cash Learning Partnership. It is an honour to have been elected to the position. I am excited to be helping to guide the future of an organisation founded by some of the world's foremost charities.
I will also be devoting some of my time to a range of new projects. These projects span Europe - no Brexit for me! - a continent that, in my view, deserves much more prominence as a world-leading community. I hope to play my part, in my own small way, to help Europe to achieve that prominence.
None of this will, of course, deflect me from continuing to campaign for Payment Choice for everyone - and, naturally, for cash to be one of the available choices forever!
In the meantime, I would like to sincerely wish all of my European members well, including our three newest members, Banking Automation, OVIA and Payten.I knew most of you long before my time at the ATMIA and it has been a great pleasure to work with the vast majority of members. I will no doubt remain in touch with many of you as my work in financial services continues.
I would also like to wish colleagues within the ATMIA well. Some have become very good friends. Those friendships have helped to make it all worthwhile.
Finally, as far as thanks go, I would like to recognise the efforts of my co-editor of this newsletter, Jo Ryan. She has done a great job and it has been a pleasure to work with her every month.
For those wishing to get in touch at any time, I will be delighted to hear from you via email at firstname.lastname@example.org. My phone number is below and has never changed.
This section covers only the most up to date news on Europe’s Advocacy. For further background, see the Europe page of the ATMIA website here and previous issues of this Newsletter on the website here.
Six key issues for ATMIA Europe Advocacy in the next months - and, in some cases, years - as we support all aspects of Payment Choice around Europe:
Ensuring changes to payment scheme rules do not damage the interests of ATM operators, endangering access to cash for all.
Ensuring Dynamic Currency Conversion at ATMs remains an option for customers and a profitable transaction for ATM operators.
Supporting the implementation of a transparent European model for the calculation of ATM interchange.
Supporting the implementation of a Universal ATM Cash Deposit, allowing ATM users to deposit cash at any ATM.
Ensuring the UK LINK ATM Network survives to provide cash access that is conveniently accessible for all members of the public and businesses.
Supporting the introduction of legal safeguards in every European market, to legally protect both access to cash and the acceptance of cash for in-person payments.
We shall update on some of these key issues each month.
Changes in Payment Scheme Rules Which Can Impact The Economics of ATMs
Around Europe, there are Payment right Scheme Rule changes in prospect which can impact the economics of ATMs.
This wonderful and intensely practical innovation will allow cardholders with bank accounts to deposit cash at ANY enabled ATM in the UK, rather than having to search for a branch or ATM of their own bank.
In their 29 August 2019 Access to Cash Report, the Scottish Affairs Committee of the UK Parliament came out strongly in support of the ATMIA stance on cash deposit ATMs.
An arbitrary 10% cut to LINK interchange in 2018 has seen 10% of UK ATMs disappear and thousands more free-to-use ATMs switch to pay-to-use in 2019.
In the next 12 months, the number of free-to-use ATMs could reduce to around 40,000, a loss of more than 20% of the free ATM estate from peak levels of convenience to the UK public.
On 28 August 2019, ATMIA Europe issued an important press release on this subject.
Link announced a small scheme in late September, asking communities that want an ATM to contact them. However, there are strict criteria and the initial funding for this idea only covers 40 to 50 ATMs. It is not a solution to the loss of thousands of ATMs already since 2017 or the new losses of ATMs every day.
Barclays dealt Post Offices a blow in October when they announced that their customers would not be able to use cards to obtain cash at Post Office Counters from early 2020.
Even though Barclays reversed their decision within two weeks, their initial move alerted everyone to the fact that government intervention, in the shape of legislation, will be required to safeguard access to cash. Which? have now joined ATMIA Europe in calling for the government to intervene.
In November, the Bank of England ran two round tables to discuss potential changes to the wholesale distribution of banknotes in the UK. These were very interesting forums that inspired many valuable insights. There will be further discussions when KPMG, who are commissioned to produce a report and recommendations, publish their draft findings in H1 2020.
A Scot who lives in Edinburgh, Delnevo has been in the cash business for two decades. He first got involved with ATMs in 1998, when he began working for Euronet. Later that year, the Kansas-based firm installed the first independently operated ATM in the U.K. At the time, the other 25,000 cash machines in the country were all owned by banks. A lot has changed since.
Ron Delnevo speaking at the ATMIA conference in Rome in October 2019.
Photo: Debbie Smyth Photography.
Taking a look back at 2 banking events in 2019
From the delicious coffee booth we sponsored to the engaging conversations we struck up with banks and financial organisations, there were loads of highlights from #ATMEurope2019 and #BT19, but here are a few of our favourites.
Members of gang who botched cash machine raid branded with chemical - which will stay on their skin for up to FIVE YEARS
The three thieves broke into the Co-op store in Maple Road, Brooklands, near Sale, early on Friday. They attached a chain to their getaway vehicle and dragged the machine out of the shop. But the raid failed and left them marked men.
The MIL contains some strong overviews of the payment and regulation landscapes in a number of different countries. It includes recently issued articles and document on ATMs and payments, plus key items from the press.
The following links will take you to listings of current interest:
ATMIA’s Consortium for Next Gen ATMs is developing a new API App model for future ATMs. This global movement is free to join - simply email Mike Lee to become part of this critical exercise to ensure our technologies stay relevant for the next generation.