Press
ATMIA And ATEFI announce cooperative agreement for Latin American ATM market
SIOUX FALLS, SD, USA and BUENOS AIRES, ARGENTINA (May 2, 2015) — The ATM Industry Association (ATMIA) and the Latin American Association of Electronic Funds Transfer and Information Service Operators (ATEFI) have announced the formation of a cooperative relationship for the Latin American ATM and payments market.
ATEFI members operate a majority of the ATM debit networks in the Latin America region and have close relationships with the bank and independent ATM operators. This Agreement is intended to create a framework that will facilitate cooperation and synergy between the Associations, which will lead to a strengthening of the industry and greater value for each organization’s members.
In addition, ATMIA will offer special group pricing on its ATMIA Academy online educational/training services for ATM operations staff. Other areas of cooperation may include exchanges of industry information, efforts to promote fraud prevention, and an exchange of speakers for industry events.
“We are very pleased to have formed this new relationship with ATEFI,” says David Tente, Executive Director for ATMIA Latin America. “Their existing relationships and presence in the region will be of significant help in growing and strengthening the industry.”
Oscar Castellano, Executive Director of ATEFI, stated “ATMIA’s Best Practices and training resources, as well as their efforts in helping the industry fight fraud, are very much of interest to our members. We look forward to a long and mutually beneficial relationship with ATMIA.”
About the ATM Industry Association
The ATM Industry Association is a global non-profit trade association with over 5,000 members in 65 countries. Its mission is to promote ATM convenience, growth and usage worldwide, to protect the ATM industry’s assets, interests, good name and public trust; and to provide education, best practices, political voice and networking opportunities for member organizations. More information about ATMIA can be found on their website, www.atmia.com.
About the Latin American Association of Electronic Funds Transfer and Information Service Operators
The Latin American Association of Electronic Funds Transfer and Information Service Operators – ATEFI – is a non-profit organization that encompasses the main operators of Latin American networks. It is made up of 23 enterprises, which are market leaders in their corresponding countries, altogether providing services to over 75 million customers with the latest technology and a wide range of services. Its mission is to promote the development and competitiveness of its members services, by means of the constant exchange of knowledge and data; alliances with related institutions; and additional appropriate and efficient mechanisms contributing to the improvement of their businesses.