Payment Alliance International (PAI) is pleased to announce the election of Executive Vice President and Chief Operating Officer Gregory Sahrmann, as co-chair of the ATM Industry Association (ATMIA) U.S. board of directors. Sahrmann’s co-chair partner is Steve Gernes, ISO segment manager, from Elan Financial Services. They will officially assume their roles at the next ATMIA
BPC Banking Technologies, a provider of open system payment solutions for the global financial industry, has announced the launch of a new solution designed to improve the profitability of ATM networks in the U.S. marketplace. With its new cash management and forecasting solution, deployed as part of the Company’s SmartATM offering, operators can dramatically reduce
The ATM Industry Association has announced the release of its report analysing the risks of not properly preparing for the migration from Windows XP to a Windows 7 OS following Microsoft’s end-of-support for XP in April this year. Entitled “Risks of Maintaining Windows XP Platform for ATMs”, the report recommends steps for mitigating or eliminating
OKI has announced the delivery of cash-recycling ATMs, ATM-Recycler G7, to State Bank of India, the largest bank in India. This marks OKI’s first delivery of its cash-recycling ATM in India. Founded in 1806, SBI is a government-owned corporation with its headquarters in Mumbai and is the only Indian bank listed in Fortune Global 500
ATMIA has posted a response to a January 8 open letter by MasterCard, signed by North American Markets President Chris McWilton, that affirmed there would be no changes to the liability shifts set out in MasterCard’s EMV roadmap. The letter claims that a delay in the liability shift dates would “potentially increase the U.S.’s disproportionate
Latest statistics released by the Spark Cash Index (SCI), which measures the average value of cash withdrawals across more than 2 200 Spark Automated Teller Machines (ATMs) throughout South Africa, showed an increase in ATM withdrawal levels for December 2013. The SCI revealed a month-on-month increase of 2.97% in average cash withdrawal figures for December
The number of ATMs installed worldwide increased by more than 180,000 during 2012 to reach 2.6 million at the end of the year. This is one of the main findings from “Global ATM Market and Forecasts to 2018” by London-based strategic research and consulting firm RBR. At 8%, the global market grew faster in 2012
Twelve ATMIA members were among more than 50 exclusive guests attending an invitation-only meeting hosted jointly by the Federal Reserve Bank of Philadelphia and the X9 Accredited Standards Committee. The topic of the December 9-10 meeting was “Integrated Chip Payment Standards: the Next Generation.” Amid the ongoing challenge of finding a workable EMV debit solution,
The ATM Industry Association (ATMIA) announces that its Latin America chapter will begin forming a combination Regional Board and Government Relations Committee. ATMIA is calling for those with a vested interest in the industry to join the Board. “A functioning Board is critical to the growth and maturity of our regional chapters,” said Mike Lee,
OKI has announced that the company has completed share purchase of the ATM business including banking, retail automation and services from Itautec S.A.- Grupo Itautec (Itautec). OKI has acquired 70% stake of the new company which has been established through Itautec’s company split. The new company, OKI Brasil S.A, has started operations effective January 10,
