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ACI is an active member of ATIMA and in particular the Consortium for the Next Gen ATMs, which an ATMIA committee that is developing the strategy for defining and delivering the next generation of ATMs. As far as services are concerned, ATMs can do more than ever before and ACI is spearheading the development of innovative ways to make ATMs more productive.

In addition to cash dispensing, modern-day machines can accept mixed-media deposits, process money transfers and even provide on-screen video connections to remote tellers. Evolution in the self-service channel, including improvements in the physical design and durability of ATMs, has made it more feasible and cost-efficient for financial institutions to extend many of the traditional functions of a branch into remote environments and manage the transition to a smaller physical footprint.

What is ATMIA?

ATMIA serves more than 10,000 members from over 650+ companies in over 70 countries spanning the whole ATM ecosphere, including financial institutions, independent ATM installers, 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.

ATMIA firmly advocates ATM as a tool to drive financial inclusion, one that offers efficiency and affordability for the FI, while helping consumers to improve their understanding and control of their financial affairs. For those consumers who don’t have tech literacy, the requisite devices or access to the necessary infrastructure to make the transition to digital banking, physical touch-points will be extremely important. For banks that can’t justify the cost of expanding their branch network, deploying affordable ATMs could be the most efficient way to offer the reassurance and reliability of physical banking.