The automated teller machine elite got bigger and stronger last year at the expense of smaller competitors, according to a study by Speer & Associates Inc.

Continuing the industry's consolidation trend, the combined processing volumes of the top 20 regional ATM networks increased by 10% in 1992, to a monthly average of 139.1 million. That gain came even as overall ATM-transaction growth began to level off.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.