This article contains content that is written like an advertisement .(April 2017) |
Company type | Nonprofit |
---|---|
Industry | Banking, Cash machines |
Founded | 1997 |
Headquarters | , |
Website | www |
The ATM Industry Association (ATMIA), originally the ATM Owners Association, was established in 1997 in the United States as a global nonprofit trade association to service an industry that built around the global growth of the ATM.
Liberalization of the retail banking markets in the US during the 1980s and early 1990s, resulted in depository institutions losing their monopoly on ATMs while independent ATM deployers were allowed to compete in the provision of after-hours access to cash. [1] Growth in this market led Tom Harper and Alan Fryrear to establish the ATM Owners' Association (ATMOA) in late 1997 with no staff (except Harper), zero budget, and only a handful of members. [2] The first official ATMOA planning meeting took place on October 9, 1998, at the end of the Faulkner & Gray Advanced ATM Conference in San Diego, California. [3] The group voted Lyle Elias as the new president, ratified a motion to change their name to the ATM Industry Association, [4] formed several committees and took steps to launch their own industry conference.
In 2000, Michael Lee joined ATMIA as their European executive director and in 2004, he was named chief executive officer and board member. [5]
Progress in bringing industry participants together resulted in the New York Times identifying ATMIA as "the leading trade group" in the global cash distribution industry in 2003. [6]
In 2016, ATMIA had over 8,000 members in 66 countries. [7] The membership base included banks and other depository institutions, IADs, payment card companies, cash management service companies, interbank network companies, ATM design and manufacturing companies, and other related service providers.
ATMIA provides a forum for common issues among members. These include technical matters such as coordinating the global adoption of operating systems, [8] [9] promoting industry specific networking tools, [10] advising on security of transactions, [11] setting common standards to give access to people with disabilities, [12] and the future of the ATM. [13] [14]
It also promoted a worldwide standard for ATM security [15] [16] in collaboration with Accenture, a global ATM benchmarking service. [17] [18] It was responsible for designing a recognizable worldwide "ATM here" sign, based on an international contest won by Andy Kitt, formerly of the NCR Corporation. The "Official Global Pictogram for the ATM", [19] was then registered as an international public sign in 2008 (ISO 7001:PI CF 005). [20]
It has worked with James Shepherd-Barron [21] in humanitarian efforts to facilitate the provision of cash and the extended use of mobile ATMs to victims of disasters and political conflict. [22]
ATMIA members and directors collaborate to address issues of global concern such as the ATM ram raids in Australia in 2010, [23] [24] and in 2012 around money laundering regulations, including a framework for non-bank ATMs in Canada. [25]
ATMIA represents its membership in front of financial authorities [26] [27] [28] and regulators. [29] and also approaches legislators directly [30] [31] This includes the provision of cash services for those in the lower income brackets and other vulnerable consumers. [32] This actions have included studies on worldwide use of banknotes and coins. [33] [34]
An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff.
A personal identification number (PIN), PIN code, or sometimes redundantly a PIN number, is a numeric passcode used in the process of authenticating a user accessing a system.
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Wincor Nixdorf was a German corporation that provided retail and retail banking hardware, software, and services. Wincor Nixdorf was engaged primarily in the sale, manufacture, installation and service of self-service transaction systems, retail banking equipment, lottery terminals, postal terminals, software and services for global financial and commercial markets.
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Banelco is an ATM network in Argentina. Established in 1985, it offers several services related to cash flow management, including debit cards, electronic transfers and service payments.
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