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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) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...
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. An industry tra ...
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 consumers. U ...
losing their monopoly on ATMs while
independent ATM deployer An independent ATM deployer (IAD) is a non-financial institution that owns, manages, and places ATMs (cash machines) in retail premises or elsewhere. IADs emerged in the 1990s in the USA while working alongside depository institution Colloquially, ...
s 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 bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-imm ...
. 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 Ocean coast of Southern California located immediately adjacent to the Mexico–United States border. With a 2020 population of 1,386,932, it is the List of United States cities by population, eigh ...
, 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'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...
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 ma ...
companies, cash management 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 belon ...
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 and in collaboration with
Accenture Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A ''Fortune'' Global 500 company, it reported revenues of $61.6 billion in 2022. Accentur ...
, 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 quality, time and cost. Benchmarking is used to measure performan ...
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 Corporation, previously known as National Cash Register, is an American software, consulting and technology company providing several professional services and electronic products. It manufactures self-service kiosks, point-of-sale termin ...
. The "Official Global Pictogram for the ATM", was then registered as an international public sign in 2008 (
ISO ISO is the most common abbreviation for the International Organization for Standardization. ISO or Iso may also refer to: Business and finance * Iso (supermarket), a chain of Danish supermarkets incorporated into the SuperBest chain in 2007 * Iso ...
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 regulations, including a framework for non-bank ATMs in Canada. In the United States, ATMIA joined an industry coalition to eradicate external fee stickers on ATMs. 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—also called a bill (North American English), paper money, or simply a note—is a type of negotiable instrument, negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes w ...
s and
coin A coin is a small, flat (usually depending on the country or value), round piece of metal or plastic 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 t ...
s.


See also

*
Automated teller machine An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, fun ...
*
Payment system A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, instruments, people, rules, procedures, standards, and technologies that make its exchange possible.Biago ...
s *
Australian Payments Clearing Association Australian Payments Network Limited (AusPayNet), formerly the Australian Payments Clearing Association (APCA) is the self-regulatory body set up by the payments industry to improve the safety, reliability, equity, convenience and efficiency of pa ...
*
Cash and cash equivalents Cash and cash equivalents (CCE) are the most liquid current assets found on a business's balance sheet. Cash equivalents are short-term commitments "with temporarily idle cash and easily convertible into a known cash amount". An investment normal ...
*
Independent ATM deployer An independent ATM deployer (IAD) is a non-financial institution that owns, manages, and places ATMs (cash machines) in retail premises or elsewhere. IADs emerged in the 1990s in the USA while working alongside depository institution Colloquially, ...
*
Operation Choke Point Operation Choke Point was an initiative of the United States Department of Justice beginning in 2013 which investigated banks in the United States and the business they did with firearm dealers, payday lenders, and other companies believed to be a ...
*
Talking ATM Talking may refer to: * Speech, the product of the action of ''to talk'' * Communication by spoken words; conversation or discussion Other uses * "Talking" (The Rifles song), 2007 * "Talking" (A Flock of Seagulls song), 1983 * "Talking", a song ...


References


External links

* {{official website, https://www.atmia.com/ Financial services companies established in 1997 Bankers associations Automated teller machines Trade associations based in the United States Banking in the United States 1997 establishments in the United States Organizations established in 1997 Organizations based in Sioux Falls, South Dakota