Faster Payments – why should we care? Should the ATM channel even care about the direction of so-called ‘Faster Payments”? The first reaction for some might be to wonder what all the fuss is about. After all, how much faster can an ATM transaction get, than it already is? And would it really matter? The answer is ‘Yes’ – and we should care a lot. The real excitement and enthusiasm for Faster Payments is about the ‘rails’ that they would travel – not necessarily the few seconds it might shave off of transaction times.
It is precisely for this reason that ATMIA became a founding member of the U.S. Faster Payments Council (FPC) and has also joined the FedNow Community. The FPC is building on the work of the Faster Payments Task Force, which was setup to create the foundation of and the governance for Faster Payments in the U.S. One of its major objectives is to foster ubiquity of Faster Payments services through interoperability.
Interoperability in a faster payment system can help achieve seamless processing – both sending and receiving – of payment instructions across various payment solutions. This can significantly benefit all players in the ecosystem if it provides access and reach to any end-user, regardless of the network their financial institution connects to. Through interoperability, the ecosystem can promote competition, reach and scale. All of which can be done without the need for a traditional debit card.
Our ability to dispense cash without the use of a card for most ATM transactions, thus improving the customer experience, reducing risk, and heightening security, may be closer than you imagined. For more information about the U.S. Faster Payments Council, visit their website. ATMIA will also keep its members informed on a regular basis of progress being made in these areas. Read the complete article and download a copy of the FPC Network Committee’s newly published White Paper on “Faster Payments Interoperability” on the ATMIA USA home page.
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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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A security event you can't miss The COVID-19 pandemic is impacting everyone – even criminals. Reports from the field indicate that ATM crime is down. But likely not due to efforts of self-preservation on the part of the criminals – at least 40 - 50% of all ATMs have been inaccessible due to lockdowns across the country. And those that are available have become tougher targets.
Be prepared for the inevitable surge in ATM crime as restrictions ease and those inaccessible ATMs become targets once again. Join your ATM industry colleagues in Minneapolis, MN, September 1 - 2, as ATMIA and the ATM Security Association (ASA) jointly host the first-ever ATMIA U.S. Security Conference. Our educational program includes a panel of law enforcement professionals who will discuss what they are seeing today across the landscape of ATM crime.
Security and operations professionals from all segments of the ATM industry will not want to miss this important event. Visit the conference website to learn more, preview the agenda, and register.
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Offences Involving ATMs: Insights into How Offenders See ATMs as Targets This new criminological study of ATM crime today offers the industry a unique perspective – the view from the bottom; that is, what ATM criminals themselves think when they plan their attacks on ATMs. These are the guys and gals who make ATM security necessary in the first place, so it is entirely logical to record firsthand their thoughts on ATMs as targets for crime.
Non-members may purchase the report for $600.00 USD, members may purchase the report for $125.00 USD.
If you are interested in becoming a member please contact Sharon Lane, ATMIA’s Global Director, Finance and Member Services.
If you have questions about ordering please contact Hope Lerman at +1-312-475-0649.
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Contact Hope Lerman at ASA for more information or to join.
*Offer valid until June 30, 2020. Use Promo Code: HLJUNE20
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The Cash RepositoryThe Cash Repository is your source for a wide range of current data and information about the global role of cash in society, from a variety of sources.
Recent Articles & Resource
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Committee UpdatesCheck out what's happening with our committee groups:
IAD Committee elects new Co-chairs Thanks to all of the candidates who volunteered their time and expertise to run for IAD Committee Co-chair. The election process is now complete. Tony Mercer, Director of Operations, ATM USA, LLC and Herman Trejo, Director of Sales, NationalLink were the top two vote-getters and have been elected to two-year terms as IAD Committee Co-chairs. Please join us in congratulating them on their new leadership roles. The next IAD Committee meeting is scheduled for Tuesday, June 23, 2020 at 11:00am EDT.
New Software Packaging & Distribution ForumA Software Packaging & Distribution Work Group was formed late last year upon requests from a couple of our larger bank ATM deployers. As ATM software has grown more complex, security concerns multiplied, and functionality expanded to enhance the customer experience, the task of managing software distribution has become very challenging. Manufacturers and larger deployers are managing thousands of USB sticks and looking for better ways to deliver updates and reload hard drives.
This discussion forum has been created as a vehicle for sharing best practices and new ideas for simplifying the packaging and distribution of ATM software. The Forum is open to all ATMIA members, but will probably be of most interest to banks, larger independent deployers, and manufacturers. For more information, contact David Tente.
New ATM Hygiene and Safety CommitteeATMIA has created a new international committee to look at best practices for ATM hygiene and cleaning for the pandemic and post-pandemic phases for the industry. Through collaboration and consultation with our members we’ll develop international best practices. We will do our work through conference calls and email, and no in-person meetings or travel will be required. The group's first meeting was earlier this week and very well attended.
If you wish to be part of this important new initiative, contact Mike Lee to be added to the committee list, or add it to the Committee Preferences in your account, to receive an invitation for the next conference call.
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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
Independent ATM Deployers (IAD) CommitteeAll IADs and their providers are welcome to participate in the IAD Committee, which meets bimonthly. The next meeting is scheduled for Tuesday, June 23 at 11:00pm EDT. Meeting invitations will be sent to all committee members.
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, July 16 at 11:00am EDT. Meeting invitations will be sent to all committee members. .
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 Arctic ATM, Anchorage, AK
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 unqiue 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 yhour 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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Coronavirus updatesATMIA remains deeply concerned about its members and helping them through these challenging times. We have responded very quickly to pandemic developments and invite you to visit our Coronavirus alerts and updates page on a regular basis.
Since the last newsletter was published, ATMIA released its Advocacy Plan for COVID-19 and Beyond. This new document hghlights plans for a global Cash Revival and ATM Revival. ATMIA also announced last month that it was a signatory to a letter to the Senate Judiciary Committee supporting the need for liability protection for essential workers.
The Coronavirus page includes a news feed for articles relating to COVID-19. As a benefit of its relationship with Stateside Associates, ATMIA receives very detailed daily reports on COVID-19 related activities in the states. This report is posted daily during the week – typically in the late afternoon.
Finally, ATMIA recently conducted a member survey about the impact of COVID-19 that paints a picture of many pain points member companies are experiencing. This includes economic and health challenges and an uncalled-for intensification of the war on cash by the anti-cash zealots. The latter group seems to be exploiting a human tragedy for narrow commercial gain, especially at the expense of hundreds of legitimate businesses around the world operating in the ATM and cash sectors. Survey results are being emailed to all ATMIA members.
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Cashless ban updatesWith the advent of the COVID-19 pandemic, activity on bans of cashless retail establishments has subsided considerably.
There was further progress on California's SB 926, which would require retail locations to accept cash payments of up to $5,000. On May 18 a hearing was held. The measure was passed out of the Senate Business, Professions and Economic Development Committee and referred to the Senate Appropriations Committee, which scheduled a hearing for June 1. Text of the amended measure is available from the interactive map on the ATMIA U.S. Region home page.
Connecticut's proposed bill passed out of committee, but failed upon adjournment on May 7.
H.R. 2650 has not seen any further movement, but now has 41 co-sponsors, 10 of which are from the Republican side. ATMIA members are encouraged to contact their Representative and ask that they also become a co-sponsor of the bill.
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Washington, DC Fly-in cancelled due to the pandemic
Washington, DC is opening up far more slowly than first anticipated. And the future state of local unrest there is uncertain at this point. Therefore, regrettably, it has become necessary to cancel the 2020 fly-in event. Even if the situation were to improve in the next few weeks, it would leave little time for participants to make travel plans. It is also quite likely that legislators and staff will be preoccupied with current events and unavailable for non-related discussions.
Planning for our 2021 DC Fly-in will begin as soon as possible. It is too early to provide a for-certain date, but the week of March 15, 2021 would be preferred at this point in time.
For more information about sponsoring or participating in the Fly-In, contact David Tente.
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Note to Hiring Mgrs: the ATM Industry Career Center is here to help!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 – and offering a “Back to Work” promotion for the month of June.
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
For the entire month of June, purchase two 30-day postings for the price of one, and use them any time during the next six months. So be ready to start re-hiring when the time is right.
Contact ATMIA USA Executive Director, David Tente for more information.
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Your Big 20% Discount to All ATMIA's Remaining 2020 Conferences
Now that countries all over the world are starting to lift lockdown restrictions, it is time to start thinking about attending one (or more) of the remaining ATMIA conferences being held in 2020.
ATMIA is delighted to provide a 20% discount off your conference registration. But hurry and register today as this offer is only good through June 30, 2020.
*To receive your discount, you must pay for your registration using a credit card. No invoices will be issued for the discounted price. Your 20% discount will automatically be applied at checkout.
ATMIA events are where the industry meets to shape the future together as part of ATMIA's advocacy plan for a total ATM and Cash Revival. So which one(s) will you be attending?
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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.
Member Events
Curious what is happening in the ATM industry? ATMIA has a calendar of events submitted by our board and sponsorship members. We invite you to bookmark this page to keep track of upcoming industry items.
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Sponsor the U.S. NewsletterWant to put your product or service in the spotlight for nearly 5,000 ATM industry professionals?
- Logo and website link in newsletter top box, right column
- Ad supplied by sponsor and sized to 420 x 200 pixels
Sponsor the U.S. Newsletter for a month, a quarter, or a full year. Contact Sharon Lane or David Tente for more information.
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June Memberof the Month
ATM World is one of ATMIA’s most loyal members, having first joined in 2004. They are a leading provider with innovative technology and services, trusted by over 7,000 valued customers. ATM World delivers a full spectrum of ATM services including processing, maintenance, and cash management, customized to meet the specific requirements of their customers. With over 10,000 ATM’s in the United States generating over 4 million monthly transactions, ATM World links major retail, pharmacy, grocery and hospitality chains with its network of equipment and service providers as well as offering worry free maintenance and processing.
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