Pro Cash Newsletter

Cash globally remains the most widely used and popular form of payment today. ATMIA’s goal is to communicate as an industry the many benefits of cash, while combating the negative press cash has received over the last few years to ensure consumers have cash as a payment choice for years to come. This monthly newsletter is geared towards sharing positive cash news reaching more than 10,000 ATM industry readers per month. 
 

Cash globally remains the most widely used and popular form of payment today. ATMIA’s goal is to communicate as an industry the many benefits of cash, while combating the negative press cash has received over the last few years to ensure consumers have cash as a payment choice for years to come.  This monthly newsletter is geared towards sharing positive cash news reaching more than 10,000 ATM industry readers per month. 

In this issue:

• Accommodating Consumers Using Cash
• Progress on Norwegian Cash Access
• Cash and International Tourism
• ATMIA Europe & Emerging Markets ATM & Cash Summit
  • Overview of Session 1: Dutch Approach to Sustain Access to Cash
• Assessing Cash Acceptance Across Britain
• Japan Unveils New High-Security Banknotes to be Issued FY2024
• The Payment Choice Alliance Discusses Cash Acceptance

In this issue:

• Watch the interview featuring David Tente, Executive Director of USA & Americas ATMIA and President of ATM Security Association, with CBS News anchors Lana Zak and Elaine Quijano on the ATM Industry.
• Cash news from around the world and keeping cash alive 

Cash a Vital Payment Choice in the Digital Economy

This month's WCW Pro-Cash Newsletter featured article is from Ricoh USA. 

The Service Advantage team at Ricoh USA explored current currency management trends and future predictions amongst three groups: consumers, retailers, and manufacturers.

The most common reasons consumers pay cash are inexpensive purchase amounts of less than $60, or if they feel there is a security concern regarding the type of non-cash payment method offered. Many practical consumers also say paying with cash helps them stick to their budget. Retailers surveyed reported that 26% to 50% of in-store transactions are made with cash and confirm that most cash payments fall within the $1 to $50 range.

The global Covid-19 pandemic heightened the focus on and advancement of non-cash payment methods. Still, cash remains vital for many transactions. The bottom line: Including cash in the digital economy will continue to enable all consumers to exercise payment choices.

READ MORE...   

ATMIA Announces New Membership Designed Specifically for Financial Institutions

The ATM Industry Association (ATMIA) announced the release of a new membership level designed specifically for small- and mid-size financial institutions.  It includes a package of benefits of particular value to FIs with less than $100 billion in assets.  More than 50 of the world’s largest banks, and 9 out of the top 10 in the U.S., are already active members of ATMIA, a financial industry trade association that provides its members with ATM industry best practices, education, advocacy, and networking opportunities.

An ATMIA Financial Institution level membership will provide benefits that your ATM team uses every day.  Plug into the Consortium for Next Gen ATMs, an initiative that will lower the cost of operating ATMs while adding functionality.  A subscription to a newly launched ATM crime database, through the ATM Security Association, is also included.  Train new staff on ATM operational procedures using the ATMIA Academy – two courses annually are included with your membership.

READ MORE...   

ATMIA Announces New Membership Designed Specifically for Financial Institutions

The ATM Industry Association (ATMIA) announced the release of a new membership level designed specifically for small- and mid-size financial institutions.  It includes a package of benefits of particular value to FIs with less than $100 billion in assets.  More than 50 of the world’s largest banks, and 9 out of the top 10 in the U.S., are already active members of ATMIA, a financial industry trade association that provides its members with ATM industry best practices, education, advocacy, and networking opportunities.

An ATMIA Financial Institution level membership will provide benefits that your ATM team uses every day.  Plug into the Consortium for Next Gen ATMs, an initiative that will lower the cost of operating ATMs while adding functionality.  A subscription to a newly launched ATM crime database, through the ATM Security Association, is also included.  Train new staff on ATM operational procedures using the ATMIA Academy – two courses annually are included with your membership.

READ MORE...   

ATMIA Releases ‘Cash Stories’ Highlighting the Positive Impact of Cash on Everyday Life and During the Pandemic

As a sign of pride in our industry and to highlight the positive impact of cash during the pandemic and on everyday life, ATMIA has released ‘Cash Stories.’

Cash Stories is a portfolio of photos and stories, submitted by ATM deployers and vendors from around the world, underscoring how cash and ATM services positively affected consumers during the pandemic, in emergencies and during the course of normal day to day life. It also includes efforts by the industry to correct the misconception that cash was not safe to use during the pandemic.

READ MORE...   

This month's WCW Pro-Cash Newsletter featured article is from Fiserv.

Self-Service Tools Support Social Distancing

ATMs remain a vital channel for consumers to access cash and account information.  Be sure you are addressing their concerns for safe, robust, frictionless cash and account access – especially in this era of COVID.

Your financial institution can drive agility, boost operational efficiency, and delight your consumers.

Today, everyone – baby boomers, millennials, Gen Xers – wants to regain control. Download “Self Service Supports Social Distancing” – to learn quick tips you can immediately implement to optimize the performance of your ATM fleet.

Bonus content: Review other opportunities popular for self-service solutions, including mobile payments, mobile alerts and controls, contact center and contactless cards.