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The ATM Industry Association (ATMIA), originally the ATM Owners Association, was established in 1997 in the United States as a global
nonprofit A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or so ...
trade association A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. Through collabor ...
to service an industry that built around the global growth of the ATM.


History

Liberalization of the retail banking markets in the US during the 1980s and early 1990s, resulted in
depository institutions Colloquially, a depository institution is a financial institution in the United States (such as a savings bank, commercial bank, savings and loan associations, or credit unions) that is legally allowed to accept monetary deposits from consumer ...
losing their monopoly on ATMs while independent ATM deployers were allowed to compete in the provision of after-hours access to
cash In economics, cash is money in the physical form of currency, such as banknotes and coins. In book-keeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-i ...
. Growth in this market led Tom Harper and Alan Fryrear to establish the ATM Owners' Association (ATMOA) in late 1997 with no staff (except Harper), zero budget, and only a handful of members. The first official ATMOA planning meeting took place on October 9, 1998, at the end of the Faulkner & Gray Advanced ATM Conference in
San Diego San Diego ( , ) is a city on the Pacific coast of Southern California, adjacent to the Mexico–United States border. With a population of over 1.4 million, it is the List of United States cities by population, eighth-most populous city in t ...
, California. The group voted Lyle Elias as the new president, ratified a motion to change their name to the ATM Industry Association, formed several committees and took steps to launch their own industry conference. In 2000, Michael Lee joined ATMIA as their European executive director and in 2004, he was named chief executive officer and board member. Progress in bringing industry participants together resulted in the
New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
identifying ATMIA as "the leading trade group" in the global cash distribution industry in 2003. In 2016, ATMIA had over 8,000 members in 66 countries. The membership base included banks and other depository institutions, IADs,
payment card Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner (the cardholder) to access the funds in the customer's designated bank accounts, or through a credit account and ...
companies,
cash management Cash management refers to a broad area of finance involving the collection, handling, and usage of cash. It involves assessing market liquidity, cash flow, and investments. In banking, cash management, or treasury management, is a marketing term ...
service companies,
interbank network An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belo ...
companies, ATM design and manufacturing companies, and other related service providers.


Impact

ATMIA provides a forum for common issues among members. These include technical matters such as coordinating the global adoption of operating systems, promoting industry specific networking tools, advising on security of transactions, setting common standards to give access to people with disabilities, and the future of the ATM. It also promoted a worldwide standard for ATM security in collaboration with
Accenture Accenture plc is a global multinational professional services company originating in the United States and headquartered in Dublin, Ireland, that specializes in information technology (IT) services and management consulting. It was founded in 1 ...
, a global ATM
benchmarking Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are Project management triangle, quality, time and cost. Benchmarking is ...
service. It was responsible for designing a recognizable worldwide "ATM here" sign, based on an international contest won by Andy Kitt, formerly of the
NCR Corporation NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and Electronics, electronic products. It manufactured Self-c ...
. The "Official Global Pictogram for the ATM", was then registered as an international public sign in 2008 (
ISO The International Organization for Standardization (ISO ; ; ) is an independent, non-governmental, international standard development organization composed of representatives from the national standards organizations of member countries. Me ...
7001:PI CF 005). It has worked with James Shepherd-Barron in humanitarian efforts to facilitate the provision of cash and the extended use of mobile ATMs to victims of disasters and political conflict. ATMIA members and directors collaborate to address issues of global concern such as the ATM ram raids in Australia in 2010, and in 2012 around
money laundering Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money) such as drug trafficking, sex work, terrorism, corruption, and embezzlement, and converting the funds i ...
regulations, including a framework for non-bank ATMs in Canada. ATMIA represents its membership in front of financial authorities and regulators. and also approaches legislators directly This includes the provision of cash services for those in the lower income brackets and other vulnerable consumers. This actions have included studies on worldwide use of
banknote A banknote or bank notealso called a bill (North American English) or simply a noteis a type of paper money that is made and distributed ("issued") by a bank of issue, payable to the bearer on demand. Banknotes were originally issued by commerc ...
s and
coin A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by ...
s.


See also

*
Automated teller machine An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account ...
*
Payment system A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, payment instruments such as payment cards, people, rules, procedures, standards, and technologies that ...
s * Australian Payments Network * Cash and cash equivalents * Independent ATM deployer * Operation Choke Point * Talking ATM


References


External links

* {{authority control Financial services companies established in 1997 Bankers associations Automated teller machines Banking in the United States 1997 establishments in the United States Organizations established in 1997 Organizations based in Sioux Falls, South Dakota Business and finance professional associations in the United States