The ATM industry celebrates the 250th company to join the Consortium for Next Generation ATMs
SIOUX FALLS, SD (June 5, 2019) — The United Kingdom’s cash machine network, LINK, has this week became the 250th company to join ATMIA’s global Consortium for Next Generation ATMs, a project aimed at linking the world’s ATMs to billions of mobile phones as the primary means of transacting in future.
“There is a pleasing symmetry to welcoming LINK as the 250th company to join this powerful future-proofing exercise because this is the national ATM network for the country where the world’s first ATM was installed just over 50 years ago,” commented Mike Lee, CEO of ATMIA and the Consortium’s chairperson. “It’s time to reinvent the ATM for the next generation of consumers and I’m delighted to have LINK with us on this journey into the future – their expertise, experience and guidance will add depth and creativity to this industry movement.”
ATMIA formed the Consortium in 2017, following industry preparations for the 2020 migration to a Windows 10 operating system for ATMs. Members expressed an interest in a new kind of vendor-agnostic ATM ecosystem which could create rich customer experiences for ATM users.
“LINK is keen to support innovation to improve the customer experience at ATMs and is excited to be participating in the ATMIA Next Gen ATM project,” said John Howells, CEO of LINK.
The project is working on its blueprint for a new API App model for ATMs, which was launched at ATMIA Europe’s annual conference in Madrid in October last year. Today, the Consortium’s membership includes banks, Independent ATM Deployers (IADs), credit unions, manufacturers, software suppliers, cash in transit operators, consultancies, network processors, card brands, industry associations, central banks and security solutions providers.
“It is particularly pleasing to welcome LINK to this game-changing project,” commented Ron Delnevo, Executive Director of ATMIA Europe. “ATM Networks such as LINK have a vital role to play in the development and implementation of the ATM innovations needed to safeguard the public’s access to cash and many other banking services. As bank branches close, ATMs must be able to fill the customer-service vacuum.”
Companies wishing to join the Consortium for Next Gen ATMs should contact Mike at mike@atmia.com
About ATMIA
ATMIA is the leading non-profit trade association representing the entire global ATM industry. ATMIA serves more than 10,000 members from over 650 participating companies in 70 countries spanning the whole ATM ecosphere, including financial institutions, independent ATM deployers, equipment manufacturers, processors and a plethora of ATM service and value-added solution providers. ATMIA provides education, advocacy and connections to help its members keep abreast of industry news and developments; increase knowledge and professionalism; improve operational efficiencies; understand and influence regulatory processes; participate in the local, regional and global ATM community; and forge new relationships to advance their businesses. Founded in 1997, ATMIA has active chapters in the United States, Canada, Europe, Latin America, Asia-Pacific, Asia, Africa, India and the Middle East focusing on the unique needs and issues of each region. For more information, please visit atmia.com. Follow us on LinkedIn, Twitter, Facebook or YouTube.
LINK
The LINK Scheme is the national ATM Network that connects virtually all the UK’s ATMs. LINK’s role is to provide UK consumers with universal access to cash in a safe, convenient and rapid manner. LINK has 35 industry organisations as Members that issue ATM cards and deploy ATMs in the UK. LINK cash withdrawals account for around three-quarters of all cash withdrawals, with the remainder made up of withdrawals where cardholders use their own bank or building society’s cash machines to access their cash. LINK is a not-for-profit organisation and governed by an independent Board, which has a clearly defined public interest remit.
