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Mobile transactions at ATMs are expected to become the fastest-growing service in the coming years, according to a new international survey published Tuesday by the ATM Industry Association (ATMIA).
June 18 -
The ATM industry has spent an estimated $5.5 billion over the past decade and will have to foot several billion dollars more in operational costs every year according to a new report from the ATM Industry Association.
June 23 -
The ATM Industry Association is examining ways the machines can be used to better reach lower-income consumers. Sending money to someone, paying bills, and loading a portion of a check onto a prepaid card are among the types of transactions the group is envisioning can take place through ATMs.
April 14 -
Taking their cues from popular consumer brands and digital upstarts, financial institutions are modernizing their websites, ATMs, and mobile apps in hopes of creating a better digital banking experience and, ultimately, attracting and retaining more customers.
March 7
The ATM Industry Association has published new international recommendations on ways to make using ATMs feel more like interacting on smartphones and tablets.
Biometrics and HTML5 are among the technologies companies can deploy to modernize ATM experiences, said the London-based non-profit trade association in a press release Wednesday.
ATMIA's user interface recommendations come as banks worldwide are exploring ways to integrate
"The importance of the ATM as a customer service channel is growing," said Mike Lee, chief executive officer of ATMIA, which represents more than 1.5 million ATMs around the globe, in a press release.