RESEARCH: Western Europe's ATM market continues to grow

RESEARCH: Western Europe's ATM market continues to grow
Tags: Bank / Credit Union, Bank Automation, Central and Eastern Europe, Consulting, Distributors / ISO / IAD, Manufacturers, North America, Other, Retail / Off-Premises, Trends / Statistics
June 18, 2007

ATM growth isn't slowing in Western Europe, and according to London-based Retail Banking Research Ltd., 2006 revealed some interesting trends. Among them was a rise in off-premises ATM places, which for the first time outnumbered in-branch ATMs. More 14,000 new ATMs were placed in Western Europe, which for RBR's purposes includes 18 countries. The region's total number of ATMs is now 342,495.

RBR also found that more deployers are moving their ATMs to Windows XP, and almost half of all ATMs in the countries surveyed rely on outsourced cash-replenishment services.

To read more findings from the 2007 report, "ATMs and Cash Dispensers Western in Europe," click here.