ATMIA launches next-gen ATM

The ATM Industry Association has launched the next-gen API app model for ATMs. The app model was developed for an industry whose installed base comprises more than 3.2 million ATMs around the world, according to a press release.  A consortium including more than 180 global ATM companies participated in the development of the next-gen model, according to a press release by the ATM Industry Association.

Since 2016, the founding companies of the consortium have been defining a vision for the future of ATMs, producing a detailed architectural blueprint for the API app model that will enable consumers to transact at ATMs for cash and value-added services via their mobile devices.

ATMIA CEO Mike Lee popped the cork on a bottle of champagne at the official launch and declared that the next-generation ATM architecture was now "open for global business."

"The Consortium for Next-Generation ATMs has carried out and completed the largest future-proofing exercise undertaken by the ATM industry in living memory," Lee said. "Why not connect millions of ATMs in great locations to billions of mobile phones and see what happens?"

Renovite Technologies chief operating officer and consortium member, Jim Tomaney, said: "We are hugely excited about the launch of ATMIA's Consortium for Next-Gen ATMs. ... This is the start of something genuinely exciting for the ATM sector and we are delighted to be part of it."

A toolkit for consortium stakeholders includes:

• A business case tool, including downloadable spreadsheets prepopulated by data and formulas that measure the economic gains possible from investing in the new architecture to prove a superior ROI.
• Customer education security best practices for customer-owned devices.
• Ecosystem security best practices for the new API app model for ATMs.
• A set of business value propositions for industry sector.
• A next-gen ATM user interface guidebook.
• Value-added ATM services for next-gen ATMs.
• A technical next-gen standards roadmap and implementation model.
• A research paper describing how to combine the migration to next-gen architecture with the migration to W10 operating systems.

Next-Gen ATM champions NCR Corp. also praised the importance of the project. Frank Gauld, NCR vice president and general manager for banking solutions said: "We're thrilled to join this consortium and signal our commitment to simplifying the next-generation of ATM technology and service models, and to drive a truly digital-first banking experience. The ATM network has grown increasingly complex, and it's our job to create meaningful change that makes ATM technology easier to own and operate, and more supportive of the digital-first consumer."

For more information, visit the next-gen portal or contact Mike Lee.