Bookmark this page to keep informed about the latest news for the region, upcoming meetings & conferences and how to get the most out of your membership. Contact Sandra Smith, Executive Director Asia Pacific at Sandra@atmia.com or +011-04 24 300 660.

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What's happening in November 2018

Last month marked a historic moment for the industry, with the Reserve Bank of Australia introducing the new $50 banknote into full circulation. Being one of the most highly used banknotes the introduction of this note signifies that the Next Generation Banknote program is thoroughly underway, with cutting-edge security features making the Australian banknote clearly more secure. The Next Generation Banknote remains on schedule with the new $20  expected to be issued in 2019 and the new $100 in 2020. ATMIA will continue to maintain a close relationship with the RBA Industry Engagement Department as they continue to roll out the Next Generation Banknote programme.

Members are reminded of the Strategic Direction Committee teleconference to be held on 7th November at 4 pm Sydney time. Topics addressed at this forum will include;

-Crimes against ATMs- Queensland Police

-RBA progress report on Next Generation Banknote : $50 banknote enters general circulation

-Building confidence and the future of ATMs

In the past, these forums have proved to be invaluable to our members as we discuss emerging opportunities and threats facing this industry. In 2019, ATMIA will continue these quarterly Strategic Direction Committee teleconferences and we encourage members to feel free to forward any relevant industry topics you would like ATMIA to address going forward with these forums.  

MEMBER OF THE MONTH : 

OCBC

OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

To read more click here

Industry highlights

Branch Transformation - Bank 3.0
Technology advancement brings forth paradigm shift in the financial industry's competitive landscape and rule of the game. Records, newspapers, books, videos and other traditional media sees itsdecline and gradually replaced by tablet PC in light of the phenomenon growth of digital technlogy.The impact of mobile/digital technology has brought disruptive change to bank's customer behaviorand its operating environment. According to the father of global banking innovation, Brett King, theso-called Bank 3.0 era has dawned. Banks will face unprecendented impact and changes. Brett Kingdiscusses the future of the bank's business model in his latest book titled "Bank 3.0: Why Banking Is No Longer Somewhere You Go But Something You Do"  It is essential for banks to prepare themselves to meet the disruptive challenges and make a change so as to survive. Reference Book.

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Contact Sandra Smith, Executive Director Asia Pacific at sandra@atmia.com or +61 424 300 660.