ATMIA presents blueprint for next-gen ATMs

Aug. 11, 2017

The ATM Industry Association has announced the publication of its industry blueprint for next-generation ATMs.

In 2016, an ATMIA subcommittee of banks and independent deployers — including Bank of America, Bank of Montreal, Capital One, Cardtronics, Citibank, Elan Financial Services, FNB of South Africa, Iberia Bank, PNC Bank, Prosperity Bank and US Bank — formulated a vision for the future from an ATM operator's perspective, producing an industry RFI for next-generation ATMs. 

According to an ATMIA press release, the RFI incorporated the requirements and expectations of global operators, and the converging consumer technologies shaping the ATM industry — biometric authentication, cardless ATM access, the cloud, mobile banking apps, near-field communication and others.

In January, this RFI was sent to global ATM manufacturers, suppliers and service providers requesting formal feedback by the end of March. 

ATMIA commissioned an international banking consultant and an ATM security expert to check the draft blueprint for compatibility with ATM access and end-to-end security requirements. Following this review, ATMIA called upon a global consortium to ratify the document.

"In its 50th anniversary year, the ATM is reinventing itself," ATMIA CEO Mike Lee said in the release. "ATMIA pays tribute to an industry which is both highly productive and determined to stay relevant in the mobile-internet age. This blueprint is a method for future-proofing ATMs."


The document is available for download by ATMIA members.


Topics: ATM Innovation, Research, Trends / Statistics

Companies: ATM Industry Association (ATMIA)


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