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Dear Valued Member,
As 2020 draws to a close, we tend to reflect on what’s in the rear-view mirror, but also on what is planned for the months to come. It was tough year for the whole world, with a convergence of the public health crisis with intense economic pressures. The ATM and cash industries fought hard to navigate through the storm. We continue to pay tribute to the frontline staff who provide cash access and other ATM services to millions during enforced lockdowns. While cash withdrawal transaction volumes went down during the crisis, as did consumer spending, overall cash in circulation tended to increase, highlighting the roles of cash as a store of value and as a household budgeting tool for citizens.
Nor is cash any more of a vector for viral transmission than any physical surface. Normal precautions apply. Nevertheless, the ATM industry, sensitive to a message that consumers are more hygiene-conscious than ever before, signed off a global ATM hygiene best practice protocol to provide an additional level of comfort for use of ATMs during, and after, the pandemic.
Then highly effective vaccines began to appear from Pfizer, Moderna and AstraZeneca providing hope for a gradual, phased return to normality in 2021.
And the ATM industry is ready for this future, having brought the four year Next Gen ATM project, involving over 400 participating companies in 55 countries, to fruition with the launch in mid-November of the online self-certification system to certify Next Gen ATM readiness and compliance to the global blueprint for an interoperable, vendor-agnostic API App model for ATMs.
In addition to delivering the Next Gen ATM ecosystem in the year of covid-19, turning a dark year into a year of reinvention, ATMIA listened hard to members following our survey at the peak of the pandemic and developed an advocacy plan for a post-pandemic ATM and cash revival. We – you and us – are ready and future-proofed for 2021 and the rest of the decade.
That’s something to be proud of and grateful for. Let’s hit the ground running in 2021. Meanwhile, please finish the year strongly and safely. We deeply appreciate your support for ATMIA.
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Member of the Month
Our Member of the Month for November is-
Royal Bank of Scotland has paved the way in banking since it was established. From the world’s first overdraft, and the first house purchase loan by a UK bank, to the first fully-fledged internet banking service, the bank has a history of making life easier for its customers. The bank is committed to serving communities and putting the interests of customers first. It's with its customers everyday for all the things that matter. Royal Bank of Scotland serves 3.3m personal customers.
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| | Unique Attributes of Cash
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Cash is so good…because it is inclusive.
Cash serves all walks of life, from the un-banked and under-banked to the middle class and wealthy, all races and all demographic groups. Not everyone in society has a credit card or a bank account. But EVERYONE is able to use cash for payments for life’s necessities. Cash is the most inclusive payment method yet invented. It excludes no one. There is no digital divide with cash. There is no social divide with cash. There is no racial divide with cash. There is no class divide with cash. There is no gender gap with cash. There is no elitism with cash. There is no generation gap with cash. Cash serves all social groups. Cash, in short, does not discriminate. It’s the most human and most equal of all payment methods.
In addition, cash is legal tender, produced by central monetary authorities, and so creates a level playing field for payments in society.
Cash is so good…because it is INCLUSIVE.
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Launch of Next Gen ATM System Inaugurates Global Race to Reinvent ATMs
The ATM Industry Association (ATMIA) today launched the official global certification system for Next Gen ATMs, the culmination of a four-year long industry project to create a new API App model for ATMs, integrating ATMs and mobile phones in one seamless new ecosystem.
“I’m proud and delighted to announce that the Consortium for Next Gen ATMs, made up of over 400 participating companies in 55 countries, working together since 2017, has created a brand new global architecture for app-based ATMs,” said Mike Lee, CEO of ATMIA, Chairperson of the Consortium for Next Gen ATMs and President of the ATM Security Association. “Now that the online certification system for the new architecture has gone live on the ATMIA Next Gen portal, companies from anywhere in the world can certify their ATM products and services as Next Gen ready and receive their association certification badge of approval.”
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ATMIA Launches New Membership Level to Support the ATM Industry During Current Economic Downturn
ATMIA has announced a new STARTUP Membership Level that will provide ATM businesses with all the benefits of a Regional Associate Level membership for just $500 ‒ in order to provide cost-savings during this economic downturn.
“Typically, we only extend a special membership offer once a year,” said ATMIA Global Director, Finance & Member Services Sharon Lane. “But this is certainly not shaping up to be a ‘typical’ year and we wanted to do something special to provide extra support to members, just like we did during the financial crisis of 2008-2009.”
The best offer ATMIA has ever put forward, this limited time membership represents a 60 percent discount from regular prices and is $100 less than the Small Business Level membership, but with more benefits. Contact Erika Navarrete to join!
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GET INVOLVED - GET NOTICED: Become a Next Gen Champion!
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| Today, we invite your company to become an official ATM Next Gen Champion. Your company will not only be supporting the future of the ATM industry but be noted as one of those leading the way! The details and benefits of the Champion package are at this link for you to consider. Our packages start at $1200 per year – that is only $100 per month. If everyone contributes a little we can achieve a lot!
For questions or get signed up contact Dana Benson.
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Next Gen ATMs Newsletter
Check out the most recent issue of ATMIA's Next Gen ATMs newsletter. The newsletter provides you with the most recent news and industry updates. And don't forget to subscribe to the newsletter!
Read more here.
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News From ATMIA Members Worldwide
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LINK and PayPoint pilot enabling free cash withdrawals from retailers’ tills goes live with good demand
LINK, the UK’s main ATM cash machine network, and PayPoint, the in-store payment services and ATM provider, have successfully begun a trial to allow consumer withdraw cash in smaller shops without paying a fee with positive early indicators.
To date, more than 700 cash withdrawals and 100 balance enquiries have been made with an average withdrawal size of £26.80.
The trial forms part of the Community Access to Cash Pilots, led by Natalie Ceeney CBE and is being piloted in 13 shops across Burslem in Staffordshire (England), Hay-on-Wye in Powys (Wales), Cambuslang in South Lanarkshire (Scotland) and Denny in Falkirk (Scotland).
Read full article.
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Creation of a European Paytech leader. A powerful strategic combination between Nexi and Nets
Upon closing of the two transactions, the new combined group encompassing Nexi, Nets and SIA (the “New Group”) will become one of the European PayTech leaders with the scale, reach and breadth of capabilities to drive from a leading position the transition to digital and cashless in Europe. The New Group will offer enhanced future-proof innovative payment solutions across payment rails and channels, underpinned by a best-in-class technology stack and professional capabilities. It will leverage a strong complementary presence
across both the most digitally-advanced and under-penetrated geographies in Europe. The New Group represents a winning platform that will be ideally positioned to further drive new partnerships with banks and
merchants in-market and across Europe
Read full article.
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| Genmega's UV-C light device that can kill bacteria, viruses on ATM keypads
Automated Teller Machines have been around for more than fifty years and are used by many everyday. And ATM manufacturer, Genmega, created a device using Ultraviolet light to clean dirty keypads that contain bacteria and viruses. It could potentially be helpful amid the novel coronavirus pandemic especially since it's the flu and holiday shopping season.
"People don't want to touch things that other people have touched in an ATM, is something that you generally have to touch as well as you're probably taking out cash," said Mary Wisniewski, banking editor at Bankrate.
Read full article.
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Submit an Article for Publication in this NewsletterSupply up to 250 words, your company logo and/or photograph (as separate .jpg or .png files), and your company website address. Please email material to Erika Navarrete.
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| Join Today!
Contact Hope Lerman at ASA for more information or to join.
*Offer valid until Nov. 30, 2020. Use Promo Code: hlnov25
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Coronavirus and ATMs: Updates and Messages
ATMIA has created a webpage for fact-based messages about how the coronavirus pandemic affects us and our industry. ATMIA is here for you and for all ATMs throughout the world. You are constantly in our thoughts. Please stay safe.
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Get the Most Out of Your ATMIA Board Membership!
Don't see your logo listed on the side of this newsletter? Upload your company's logo to your membership account or send it to Erika Navarrete.
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The Cash RepositoryA wide range of current data and information about the global role of cash in society, from a variety of sources. Find more resources including reports, articles, white papers, position papers, infographics, videos, links and presentations at CashRepository.com.
Recent Articles & Resources:
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Market Intelligence LibraryThe 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:
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Join or Renew Your Memberhip with ATMIA
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Make a Contribution to any ATMIA Industry Fund
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Reimagine the Retail Payment Experience
December 2, 2020
11:00 am - 12:00 pm CST
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Contactless Branching: Balancing Consumer & Employee Experience
December 9, 2020
12:00 pm - 1:00 pm CST
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| To retain your Board logo in each issue your membership dues need to be current. Please contact Erika Navarrete.
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