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ATM deployers encouraged to help underserved

April 16, 2007

BROOKINGS, S.D. - The ATM Industry Association and the World Bank's CGAP division are inviting ATM deployers to submit applications for funding various technologies that can assist in helping low-income groups. CGAP offers strategic and technical advice, funding and in-depth research to support selected pilots. Successful applicants will get assistance to develop a business plan.The deadline for applications is June 25.
 
According to a news release, after an initial round of applications, CGAP's Technology Program, which is supported by the Gates Foundation, is developing nine innovative projects that will test how technologies like mobile phones and satellite communications can expand financial access to some of the world's poorest people. A second round of applications is now underway.
 
To learn more about current project concepts or to apply, visit CGAP's Web site.
 
For additional information from ATMIA, contact Mike Lee.
 
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ATM Industry Association (ATMIA)

The ATM Industry Association, founded in 1997, is a global non-profit trade association with over 10,500 members in 65 countries. The membership base covers the full range of this worldwide industry comprising over 2.2 million installed ATMs.

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