ATM Industry Association explained

ATMIA
Type:Nonprofit
Location City:Sioux Falls, South Dakota
Location Country:United States
Industry:Banking, Cash machines

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.

History

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.

Impact

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] and 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]

See also

Notes and References

  1. Book: Hayashi . Fumiko . Sullivan . Richard . Weiner . Stuart E. . A Guide to the ATM and Debit Card Industry . Federal Reserve Bank of Kansas City . 2003 . 0-9744809-0-8 . registration .
  2. Book: Tom . Harper . Bernardo . Batiz-Lazo . Cash Box: The Invention and Globalization of the ATM . Networld Media Group . 2013 . 978-1935497622.
  3. Web site: ATMOA Planning Meeting Announcement. April 4, 2000.
  4. Web site: ATMIA. The Free Dictionary.
  5. Web site: Mike Lee named CEO of ATMIA. July 20, 2004.
  6. Web site: STEALING THE CODE: Con Men and Cash Machines; Criminals Focus on A.T.M.'s, Weak Link in Banking System. August 3, 2003. The New York Times.
  7. Web site: Membership Composition.
  8. Web site: The ATM Industry Association is skipping Windows 8 for Windows 10. June 3, 2015. Microsoft News.
  9. Web site: ATMIA recommends migration to Windows 10 as the new ATM OS. June 4, 2015. TWCN Tech News.
  10. Web site: ATM Association Promotes Networking with Online Tool. March 24, 2016. Association News.
  11. Web site: Malware and skimmers, explosions and hammers: How attackers go after ATMs . February 25, 2016. ARS Technica.
  12. Web site: ATMIA publishes new ATM interface recommendations. August 14, 2014. PaymentEye.
  13. Web site: European ATM Conference & the Cashless Society . June 12, 2012. Light Blue Touch Paper (Security Research, Computer Laboratory, University of Cambridge).
  14. News: Will cashless pay kill the ATM? . August 15, 2016. The Globe and Mail.
  15. Web site: Security Standards Council PIN Transaction Point Interaction . January 2013. Security Standard Council.
  16. Web site: ATMIA Software Governance Checklist now available in Russian . November 11, 2011. SafenSoft.
  17. Web site: ATM Benchmarking Study 2014 and Industry Report. Value Partners. November 5, 2014.
  18. Web site: PDF.
  19. Web site: Global ATM Pictogram - NSA - Field Service Solutions.
  20. Web site: ISO 7001 . iso.org . 13 October 2023.
  21. Web site: James Shepherd-Barron - Disaster Risk Management - Coordination and Information Management. james.shepherd-barron.com.
  22. Web site: ATMIA initiative aims to ensure cash access for disaster victims. June 30, 2016.
  23. Web site: ATM Ram-Raiders Thwarted with Raminator . February 20, 2012 . Radio Australia . December 22, 2016.
  24. Prenzler . Tim . 154483609 . 2009 . Strike Force Piccadilly: a public‐private partnership to stop ATM ram raids . Policing: An International Journal of Police Strategies & Management . Emerald . 32 . 2 . 210, 215 and 216 . 10.1108/13639510910958145 . 10072/30695 . free .
  25. Web site: Banking, Issue 24, Evidence - October 17, 2012. April 19, 2016.
  26. Web site: The Future Of Cash With Mike Lee, ATMIA CEO. October 27, 2014. www.yourcash.com.
  27. Web site: In face of mobile money onslaught, Atmia makes pro-cash rallying cry. October 27, 2014. Finextra.
  28. Web site: Cash is still king but "uneasy lies the head that wears a crown!. March 16, 2016. Banking Technology.
  29. Web site: Central bank calls for access to cash to be a legal right in Sweden • NFC World. March 21, 2016.
  30. Web site: ATM Operators Win Supreme Court Ruling . Vending Times. December 12, 2016.
  31. Web site: ATM Industry Association calls for changes to Reg II . finextra.com. September 29, 2014.
  32. Web site: Swedish central bank calls halt on moves to a cashless economy. March 18, 2016. Finextra.
  33. Web site: Global cash demand outstrips economic growth . June 22, 2015. ATMmarketplace.com.
  34. News: ATMIA calls for removal of international cash restrictions. Finextra Research . September 13, 2016. Finextra.com. Finextra .

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