What does the future hold for ATM functionality? If you have been following progress of the Consortium for NextGen ATMs, you already know that expectations are very high for increased functionality at both bank and retail ATMs. And that is not a typo – retail (non-bank) ATMs are included within those expectations. In fact, a Proof of Concept (POC) is already underway to demonstrate that such equipment can become NextGen compliant at reasonable cost.
So now that we’re prepared to peer into our crystal ball at the entire ATM landscape of the future, how far into that future do we have to look to see that new functionality appearing? Probably not too far. We fully expect that somewhere . . . at some point this year . . . we will see deployment of the first, true NextGen ATM.
Although there is a long list of benefits that come along with NextGen for both consumers and deployers, one of the first and most ambitious objectives is the advancement of Universal Cash Deposits. Put another way, this is the ability to deposit cash into your personal or business account at any ATM that accepts cash – whether it is operated by the financial institution holding your account or not. Realization of this goal would have enormous benefits for consumers and small businesses alike.
Payment options are already growing at a rapid pace, many of which will be offered on NextGen ATMs. Applications for transferring funds, gifting, emergency cash, mobile device top-up, gaming, and much more, will become ubiquitous.
Another huge growth area that has gained significant attention during the past year is crypto-currency. Many Bitcoin “ATMs” are more kiosk than ATM. But the differences are diminishing, and NextGen will serve to accelerate the evolution of crypto-currency ATMs. Recognizing the increased importance of crypto transactions to our industry, ATMIA has created a new Crypto-Currency ATM Deployers Forum group, which is also noted in a committee update below.
There are so many opportunities and new possibilities for the ATM of the future, the view into your crystal ball is going to be a bit crowded.
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Best regards to all,
David
Feel free to reach ATMIA USA executive director David Tente by email at david.tente@atmia.com or telephone +1.407.833.7906.
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New dates announced for the USA annual conferenceAs of yesterday, the COVID-19 new cases count has declined again - 19% over the past two weeks, to the lowest level since mid-October last year (NY Times numbers). Adding to that good news, ATMIA has pushed the U.S. conference back two months to help ensure that everyone feels even more comfortable attending the ATM industry's largest and most important conference – the ATMIA U.S. Conference & Expo. June 23-25, 2021. 98 days to go – and counting.
Day 1 begins the event with pre-conference workshops and committee meetings for ATMIA members. Sign up for a workshop to take a deep-dive into essential and timely topics – including ATM outsourcing (from both the FI and IAD perspective), recycling and cash management, the future of biometrics in the ATM channel, and launching your fleet into the era of NextGen ATMs. Later in the day, ATMIA members are invited to attend the ATM Town Hall – a panel discussion of cutting-edge and forward-looking technology impacting the ATM industry, followed by the Opening Reception.
Day 2 kicks off the conference’s formal educational program. Take your pick of 18 breakout sessions covering a full spectrum of educational topics. Our new format was launched this year in Houston, using a restructured lineup of breakout tracks – Financial Institutions, IAD/ISO, and ATM Industry.
Day 3 features an impressive roster of plenary sessions. Presenters address topics that affect all sectors of the ATM industry.
Don't miss a thing. Register now for the lowest available rates!
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Does your hiring manager know about this?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 receive 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
Finally, be sure that the hiring managers and Human Resources staff within your organization are aware of this resource. Many of them are not listed on your ATMIA membership and do not receive this newsletter or other communications. Forward this link to the career website.
Contact ATMIA USA Executive Director, David Tente for more information.
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The ATMmy's
The only marketing award program for the ATM industry is officially accepting submissions through May 1st. Will you be the next industry winner? Click here for more information
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ATMIA launches the 'Cash Hub'ATMIA is calling on the ATM industry to submit their stories, videos, blogs, white papers, images and personal stories that highlight the importance of cash in society. Submissions will be compiled into a slideshow and displayed at the ATMIA US Conference, June 23-25, 2021, in Las Vegas.
Across the globe cash remains the most widely used and popular form of payment,” said David Tente, ATMIA Executive Director for the US, Canada and Latin America. “It is our on-going mission at ATMIA to combat the negative press and help ensure consumers continue to have access to cash as a payment choice.”
The Cash Hub provides information about where cash access is being threatened, cash trends, statistics, infographics, news articles, videos, Cash Council meeting information and additional resources, designed to help ATM and cash businesses stay up to date.
For more information about the ATMIA Cash Hub or to learn about sponsoring the Pro Cash newsletter, contact Claire Feterl by email or at +001-605-274-0277.
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Legislative alert sponsorship availableATMIA USA has renewed the Stateside Associates monitoring services for 2021. This is a terrific benefit for all ATMIA members. It includes legislative alerts, regulatory (new law) alerts, and the ATM compliance portal.
It is set up as a dual sponsorship – and Cardtronics has already committed to continuing as one of those sponsors. A second sponsorship is also available.
The number varies a bit, but somewhere between 400 and 500 ATMIA members receive every alert throughout the year. In a typical year, 250-300 alerts are sent out – which totals somewhere between 100,000 and 150,000 impressions!
Linked logos of both sponsors are displayed in the header of the email alert, along with a printed link at the bottom of the message. Sponsors also receive multiple mentions for their support in the this newsletter, during meetings, and in news items generated by Stateside activity.
This is a great opportunity to give your organization additional and repetitive visibility to a significant segment of our membership. For more information, contact David Tente. These alerts begin in early January and are at their highest level of activity during the first half of the year. Get on board now in order to take full advantage of this opportunity.
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New OCC "Fair Access" rule appears dead for now The Office of the Comptroller of the Currency (OCC) released proposed new rulemaking on November 20, that we had hoped would be a significant help in eradicating the industry's bank account closure problems. The new rule would require that all banks regulated by the OCC “Not deny any person a financial service the bank offers except to the extent justified by such person’s quantified and documented failure to meet quantitative, impartial risk-based standards established in advance by the covered bank”.
ATMIA was one of 35,000 public comments on the proposed rulemaking (“Fair Access to Financial Services”). It was announced on January 15 that the rule had been finalized and would go into effect on April 1, 2021.
The Biden administration, however, has blocked the rule from being implemented. A number of larger banks had complained that this amounts to the OCC telling them who they can and cannot do business with.
The rule simply would have prohibited reputational discrimination against any business. If an ATM operator, for example, were denied an account, it would have to be based on documented and well-defined risk criteria – not because the FI does not like ATM operators. All of which is completely in-sync with requirements outlined years ago within the Durbin Amendment.
This is an unfortunate turn of events for our industry, but ATMIA will continue to do everything it can to support fair access to banking services, and encourages individual members to do the same.
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We need YOUR sponsorship to make our 2021 Washington, DC Fly-in a reality
Our 2021 DC Fly-in had been scheduled for Wednesday, March 24, 2021 on Capitol Hill, with a strategy meeting to take place March 23rd at 5:00pm ET. Due to the continuing uncertainty surrounding in-person meetings, the Fly-in has been postponed. Once we have confidence in our ability to have face-to-face meetings, a new date will be scheduled.
In order to host the Fly-In this year, we will need a Sponsor for the event! This is a great opportunity to host a very visible and important advocacy event – and give your organization some unique exposure for the next 6 or 7 months. And promotion of the event will continue until it takes place.
It is too early to determine what our focus will be, but support for reintroduction of the Payment Choice Act bills in the Senate and House, as well as the new OCC rulemaking, are expected to be at the top of our list.
For more information about sponsoring or participating in the Fly-In, contact David Tente.
Fly-In Sponsor Logo Here!!
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Super Savings on ATM Operators Training!
One low price to train and certify your staff now through March 31st! Job-specific training on:
- ATM Balancing Clerk
- ATM Custodian
- ATM Field Controller
- ATM Operations Manager
- Customer Service Representatve
PLUS - A STARTUP Membership will be included for any non-members! And so much more, that you will not want to miss this opportunity!
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Become a NextGen Champion today!Our project has exceeded all expectations. It has proved to be an awesome, global future-proofing exercise.
Now, it’s time to become Next Gen Champions as we move forward powerfully as an industry to implement the global project. We will need to fund the upcoming PR campaign, the development of standards and the creation of an ATMIA self-certification tool, among other steps.
At this exciting time of reinvention and innovation in our global industry, we cordially invite you to pre-order your Next Gen ATM certification. ATMIA is offering the following two free benefits if you pre-order for 2020 certification.
- A free copy of the Next Gen ATM business case matrix, valued at $250.00
- Two free hours of Next Gen ATM consultancy with the technical editor of the project, Marcel Ficken, valued at $500.00
ATMIA has been a leader in the ATM industry for over 20 years and this is the greatest project our association has ever facilitated. Nearly 400 companies worldwide are now participating. Learn more . . .
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Membership Benefit ReminderThere 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.
Downloadable Membership Database
All members have access to download the full membership database. This can be used to reach out to companies with questions or those you are interested in conducting business with. You are able to filter your searches to meet your needs. With over 10,000 members, it is a valuable resource to have.
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Committee UpdatesCheck out what's happening with our committee groups:
New Crypto-Currency ATM Deployers Forum group forming
The Mission of the Crypto-currency Deployers Forum, as a global deployers body, is to govern its activities and its working groups in a transparent, non-competitive way. The main objective is to strategically gather and align cross-industry intelligence for security professionals and stakeholders. This will result not only in understanding the emerging global landscape for Crypto ATM deployments, but also in proactively designing responses to ongoing potential government regulations as well as to combat any future security threats against dispensing ATM. Contact Founder and Co-chair, Mike Lee, for more information.
Why you should be involved in at least one committee groupAccess to ATM committee groups is one of the most beneficial perks of membership. And you have your pick of regional groups, global groups - or both. There are no limits on how many groups you may participate in. The only restriction is that you can only join regional committees that are part of a region of which you are a member.
Two of the most popular U.S. regional groups are for ATM deployers – one for financial institutions and one for independents. Our largest global groups are the Consortium for NextGen ATM and a variety of different security related committees.
Obviously each group is a great vehicle for keeping up with happenings related to its area of expertise. It is also a conduit for expressing your own views on critical policies and developments. And there is no better way to get to know your colleagues.
More information about committees is available on the ATM Committees home page. Your can join a committee by signing into your ATM account and clicking on the 'My Committee' link. Also feel free to reach out to David Tente regarding USA Regional groups and to Mike Lee regarding global groups.
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ATMIA Facebook Page
Have you checked out ATMIA's Facebook page yet? Here are some of the benefits of joining our community on Facebook:
Keep 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!
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Upcoming committee meetings
Financial Institution ATM Deployer ForumThe FI ATM Deployer Forum group meets quarterly and is limited to financial institution ATM deployers. It meets next on Wednesday, March 23 at 11:00am EDT. Meeting invitations will be sent to all committee members.
Independent ATM Deployers (IAD) Committee All IADs and their providers are welcome to participate in the IAD Committee, which meets bimonthly. The next meeting is scheduled for Wednesday, April 14 at 11:00am EDT. Meeting invitations will be sent to all committee members, with agendas to follow shortly.
U.S.Government Relations Committee (GRC)The GRC meets regularly to discuss regulatory and compliance issues affecting the industry, from federal, state, and local governments. It meets next on Thursday, April 22, 2021 at 11:00am EDT. Meeting invitations will be been sent to all committee members, with agendas to follow prior to the meeting.
Questions and requests for committee meeting invitations may be directed to David Tente
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Welcome our new membersNew U.S. members since the last newsletter was published:
Associate & Small Business level memberships
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 U.S. 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.
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Earn discounts on your membership and offer new members a 20% discount ATMIA members can now offer friends and affiliates 20% off membership AND earn a discount on their own membership renewal. For a limited time, earn up to $500 USD in discounts on your next renewal as part of ATMIA’s new Membership Referral Program. Each referral is worth $100 USD.
“To make it as easy as possible for members to promote the referral program, ATMIA has put together a variety of resources and each member company has been assigned a unique referral codes that can be found under the ‘my account’ tab on the ATMIA site,” says Amber Howell, ATMIA Membership & Social Media Manager. For mor details about how it works, click here.
Members can find their own personal link and email text/images to use under the ‘Member Referrals’ icon in their My ATMIA Account section of the website.
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March Memberof the Month
Cutting-edge technology and great process are two elements of First PREMIER Bank's success. The third is creating a solid, personal relationship with customers. First PREMIER Bank ATM Vault Cash Solutions customers can rest assured that, when needed, staff will engage personally, responding quickly to needs and concerns. Customers can also expect: cash delivered quickly to ATMs; a nationwide network of correspondent banks and armored car services; leading ATM management software; and adding new machines as quickly as one day. First PREMIER Bank has been a loyal ATMIA member since 2005.
Kathy Lenards, First PREMIER Bank's ATM Supervisor added, “I enjoy attending the conferences and learning about the latest trends in our ATM industry. I always meet new people and it’s great catching up with the friends I have made over the years while attending the conferences.”
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