It’s been a homecoming for me to take up the role of Executive Director for Europe on an interim basis while we look for a successor to Ron, whom we thank for his service as he moves on to another role. The sense of being back home arises from the fact that when I first joined ATMIA in 2000, I was asked to establish this vital chapter for the association. Memories of many fine people I met in the UK and across Europe during this time come back to me as I take up the reins once again during a transitional time both for the chapter and for the industry. It has always been an honour for me to serve such an important industry. And I’ve been touched by the level of support I’ve received in completing the speaker agenda for our major European conference to take place in Berlin in October. It’s just like old times!
The website with the programme will go live next week. Please note we’re introducing six new international awards for achievements and innovations in the Next Gen ATM space to be presented in this historic European city.
My message to you today is that there are four important numbers to consider right now: 2020. ATMIA has designated 2020 as the year of our future because the five year long global project to create a new API App model for ATMs will reach fruition as we develop, test and launch the online self-certification system for the new ecosystem. The Next Gen ATM will integrate ATMs and the mobile phone to create better customer experiences and enable faster and more convenient access to cash and a range of digital services.
My door is always open to hear your feedback or your questions as we go on this journey of reinvention for the ATM. We believe our industry faces a growth period ahead following this technological transformation.
Personally, I have a good gut feel about 2020. May your own personal and business dreams for the year become real. And, remember, we are stronger together.
The Consortium for Next Gen ATMs, a project managed by ATMIA, is made up of companies worldwide across all sectors of the ATM industry. The Consortium is purposed to ensure global vendor interoperability and ubiquity of Next Gen ATMs, while encouraging the widest possible industry participation and adoption.
2020 promises to be a banner year for ATMIA as the Next Gen ATM project culminates in what is expected to be the world’s first certified Next Gen ATM – see the Next Gen portal for more information.
ATMIA Surges Ahead with Over 300 Companies Participating in its Consortium for Next Gen ATMs to Future-Proof the ATM Industry for a New Generation
ATMIA announced today that over 300 companies worldwide are now participating in the association’s global future-proofing exercise to create a new API App model for ATMs, integrating the 50 plus year-old technology of ATMs into the emerging mobile-digital ecosystem.
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.
Recognising the need to represent the general interests of the ATM industry in Europe, ATMIA Europe has created a European Advocacy Fund. This Fund is called upon to support advocacy and legal work carried out by the ATMIA in the interests of members. This work can be serving the needs of members in one national market or across Europe.
New polymer £20 featuring painter Turner enters circulation
You'll soon no longer find Adam Smith in your wallet or purse. The economist has been replaced as the face of the £20 note by artist JMW Turner. The Bank of England said the new polymer £20 - which enters circulation on Thursday - is its most secure ever banknote. It includes two see-through windows and a two colour foil to help beat forgers.
The Bank reckons half of all ATMs across the UK to be dispensing the new notes in just two weeks' time.
Warren Buffett — one of the richest guys in the world — prefers to pay in cash. In fact, he says that he pretty much always carries around about $400 with him. Is it because he's afraid of credit cards? Does he have security concerns? Is he avoiding those annoying late fees and penalties in case he doesn't pay off his balance?
Actually, it's none of those reasons. The explanation is that, for Buffett, paying with cash is "just easier."
Euronet Worldwide Continues to Evolve Its Technology with New Branding for Its API-Accessible, Cloud-Based Payments Solutions Technology
Euronet Worldwide, a leading global financial technology solutions and payments provider, announced it has changed the name of its API-accessible and cloud-based payments solution from the Digital Integrated Payments Cloud (DIPC) to the REV™ Payments Cloud (REV).
ING selects Tradeteq to distribute commodity trade finance exposure to non-bank investors
ING Group (“ING”), the global financial institution with a strong European base, has partnered with Tradeteq to distribute its commodity trade finance exposures to non-bank institutional investors. Tradeteq operates the trade finance industry’s first electronic trading platform, which allows banks to package their exposures into standardised, investable notes for non-bank institutional investors.
Submit an Article for Publication in this Newsletter
Supply 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.
Featured White Paper
One of the most popular areas of the ATMIA site, the White Paper Library contains case studies, infographics, reports and, of course, white papers submitted by ATMIA members from around the globe. We invite you to visit our library and take advantage of the information available on a wide array of topics ranging from ATM technology to security and software trends.
Surcharge-Free ATM Networks – A Path to Accountholder Satisfaction for Community Banks and Credit Unions
The ATM channel continues to be the most frequently used and cost-effective touchpoin between financial institutions and consumers. Consumers have seen many convenient high-tech changes at the ATM – from image deposit and video teller capability to peer-to-peer money transfers. With these changes, consumers continue to see average ATM transaction fees increase annually, creating a strong demand for fee-free cash and secure account access.
Surcharge-free ATM access continues to be one of the most coveted accountholder perks that a financial institution can offer.
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:
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