News

New industry group to address FIs' unique ATM concerns

The forum was formed by ATMIA to provide a platform for the discussion of ATM challenges and solutions specific to banks and credit unions.

January 19, 2016

The ATM Industry Association has formed a new committee specifically to address the unique concerns of financial institution ATM deployers.

The Financial Institution ATM Deployers Forum will offer the ATMIA's FI member base a platform to discuss challenges unique to their environment and methods for dealing with them.

According to an ATMIA press release, an estimated 45 percent of U.S. ATMs are operated by banks, credit unions and other financial institutions, but these deployers have few opportunities to network and share information in a noncompetitive environment.

"Regional and community financial institutions probably have the most to gain from ATMIA membership," ATMIA U.S. Executive Director David Tente said in the release. "Best practices, online training, EMV migration updates, and regulatory alerts — all focused specifically on the ATM channel — are just a few of the resources available to all of our members. Add to that the networking and collaboration benefits of committee participation, and it provides our FI members with immense value."

FIs seeking additional information or an invitation to the next regular FI committee meeting can contact David Tente by email.

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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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