ATMIA Canada Newsletter
ATMIA Canada Newsletter
Dear ATMIA Canada Member,
As we head towards the end of the month and the end of winter, I am sure you are fully aware that the best ATM event in North America is less than a month away. To get the full effects of the event, Canadian ATM & Payments Summit, all you need to do is show up! Surround yourself with Manufacturers, Banks, Security, Media, Payments Experts, and Crypto currency experts. We are pulling out all the stops to ensure the event is meaningful for all attendees. In addition to high value networking opportunities, I am hopeful you will enjoy the more interactive sessions, which include the Town Hall Panel and Security Panel discussions. Executive Director tip number one: as you think of a question you would like answered, jot it down and come prepared to get it answered. I look forward to speaking to everyone at the event.
ATMIA facilitates the Consortium for Next Gen ATMs, which sees over 125 participating companies across six continents to shape the next generation of ATMs by linking them to consumer mobile phones. Learn about the global industry blueprint and the new ATM ecosystem of the future. To read more click here.
 
In other news, we were very surprised and pleased that so far, in 2018, we had more non-members making contributions to our Advocacy Fund than any other year in history.
A quick reminder, to check your ATMIA Canada Home page often, it contains news about the upcoming events, happenings in Canada and the feature member of the month. We further invite you to send us news and happenings that ATMIA may not be aware of – so that we can keep everyone informed.
All the best,
Curt Binns
Executive Director, ATMIA Canada 
Canada’s New Vertical $10 Note
Canada’s new $10 bill was revealed on March 8th in Halifax, Nova Scotia.

This new $10 bank note will be rolled out gradually, starting late this year and will circulate alongside the other $10 notes already in circulation.

It will be the first regularly circulating note to feature a Canadian woman as the portrait subject and the first vertically oriented note issued by the Bank of Canada.

The Bank has been working with financial institutions and bank note equipment manufacturers to minimize the impact of this note on the cash-handling industry. The new $10 note maintains the same suite of machine-readable features as the current polymer notes. The note is printed on the same substrate, the large transparent window is in the same position and the same size, and the opaque border of the window is maintained. 

To learn more about how the Bank works with the cash-handling machine industry, visit: www.bankofcanada.ca/cash-handling-machine-industry.

To see and learn about the design and security features of this note, visit: www.bankofcanada.ca/vertical10.

Membership News

Canadian Startup Pilots Cryptocurrency Mobile Wallet
Canadian startup Shakepay has launched a private beta of a multi-currency, P2P mobile wallet that lets users buy and sell bitcoin and other cryptocurrencies.

The platform lets Canadians buy bitcoin directly from their phones with a single click. Users can also send and request Canadian dollars and bitcoin, directly on the app, to and from other Shakepay users.

Funds are added to Shakepay mobile wallets via Interac e-transfers and users can cash out their CAD balances to their Canadian bank accounts, with funds being deposited within 24 hours.
(click here to read the full story)
Quebec Small-town Mayors Upset Over Plans by Desjardins to Close ATMs
MONTREAL — Some small-town mayors in Quebec are warning that a decision by the Desjardins credit-union movement to shut down automated teller machines in several communities will have a devastating impact.

Denis Legare, the mayor of Notre-Dame-de-la Salette, says there will be no cash available in the western Quebec municipality when the town’s ATM is removed in mid-August.

“Cutting the cash flow and asking our merchants to drive 24 kilometres (return) every night to do their nightly deposits (in another town), is going to kill the municipality,” Legare said in an interview Tuesday.
(click here to read the full story)

Moneris Teams Up with Kount to Boost Fraud Protection
Moneris, Canada’s largest processor of debit & credit payments has partnered with Kount, an online fraud protection platform that assesses customer transactions in real time. The Moneris Kount automated fraud detection platform will allow large businesses using the Moneris Gateway to reduce fraud exposure & chargeback risks from online & in-app transactions. Card-not-present (CNP) transactions are the highest risk for fraudulent payments that affect businesses – specifically those that do mail order, telephone order or ecommerce transactions.
Since Canada’s shift to chip & PIN card transactions in 2011, CNP fraud has increased by 130%. ‘We are pleased to partner with Kount to bring more payment protection to our merchants,’ says Jeff Guthrie, Moneris. ‘Online spend is growing and it’s important for businesses to keep on top of fraud threats. ‘Solutions that take advantage of machine learning, & other customisable data points to reduce ecommerce, in-browser & in-app payment fraud are part of the suite of services we’re committed to providing our merchants.’
Moneris Kount allows businesses to set a risk tolerance profile that best meets their business needs. The system analyses transaction data in real time, helping businesses make informed decisions to block problematic transactions before they are processed. ‘Large merchants can use the solution seamlessly with the Moneris Gateway & receive assistance throughout the set-up and integration process via the Moneris Kount support team. ‘Currently, Moneris Kount tracks merchant identified transactions that flow through Moneris’ online merchant portfolio & helps to keep clients safeguarded from potential fraud,’ says Don Bush, Kount. ‘Our mission is to help businesses accept more legitimate orders, and reduce chargebacks & lost revenue. We are happy to partner with Moneris to bring more merchants the tools that they need to run their business better.’
The Moneris Kount partnership provides businesses with layered fraud management tools. These tools take advantage of predictive modeling to analyse hundreds of variables and generate a numeric risk score for each customer that can be applied to the transaction in real-time. This helps businesses to determine valid orders from fraudulent ones, minimising manual reviews, reducing decision time & margin of potential error. Moneris Kount will be available to small businesses across Canada later in 2018. 

Industry News


ATMIA Publishes Paper to Mitigate Risk on ATM Jockpotting
LONDON, UNITED KINGDOM, SIOUX FALLS, SD, USA, February 28, 2018 -  ATMIA today published a paper for its members on defending against ATM jackpotting.

“These kinds of attacks, however sophisticated, are not insurmountable problems for our industry,” commented Mike Lee, CEO of ATMIA. “Our members can reduce the risk of jackpotting dramatically by implementing best practices recommended in our new paper.”
(click here to read the full story)
ATMIA Launches New Industry Research Portal
LONDON, UNITED KINGDOM, SIOUX FALLS, SD, USA, February 26, 2018 -  ATMIA today launched a new Industry Research Portal to assist its members in finding freely available research information as well as reasonably priced research reports recommended by the association. 

“We discovered a whole range of publicly available data sources for our industry as well as many excellent research companies providing reasonably priced research which will benefit our members,” commented CEO Mike Lee. (click here to read the full story)
 

Latest Insights from The Cash Repository

ATM Tube

Welcome to ATMIA’s ATM tube where our members can upload and view videos on industry-related topics. This is our own industry space for enjoying videos about all things ATM in a focused way without distractions. Please share your industry videos!
Upcoming ATMIA Conferences
Canadian ATM & Payments Summit 2018
Date: April 24 - 25, 2018 
Location: Four Points by Sheraton
City: Toronto Airport
Add this event to your calendar

ATMIA Security 2018 - ATM Customer Experience & Security Summit (ACESS)
Date: June 12 - 13, 2018
Location: Royal Lancaster Hotel
City: London. UK
Add this event to your calendar

Member of the Month

Gilchrist has been a trusted name for over 80 years. Clients include the City of Toronto, The St. Lawrence Market, The CN Tower and many well know establishments such as Wayne Gretzky's, The Horseshoe Taven, The Hard Rock Cafe, The Rivoli, and the Duke Pubs. We have a solution for you, whether you are a concert promoter, a restaurant, a retailer, or have a factory outlet sale.
We are also perfect for tempoary set ups at events such as fund raisers and pop-up parties. 
  • Attract more traffic
  • Increase your profits
  • Pay less in POS credit card fees
  • Have cash sales
  • Advertise your business on your ATM
  • Coupons can be dispensed or incorporated in your receipts
  • Gilchrist ATMs provide service for international networks
If you would like your company to be considered for Canada's Member of the month, please send your information to me at curt.binns@atmia.com
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