Please look though our current and past newsletters for the United States region to keep up to date on latest news.
One of the more recent impacts of the COVID-19 pandemic, which has taken everyone by surprise, is the shortage of coins. Yes - that form of cash that is the least favored by most everyone; quarters, dimes, nickels, and even pennies.
Should the ATM channel even care about the direction of so-called ‘Faster Payments”? The first reaction for some might be to wonder what all the fuss is about. After all, how much faster can an ATM transaction get, than it already is? And would it really matter? The answer is ‘Yes’ – and we should care a lot. The real excitement and enthusiasm for Faster Payments is about the ‘rails’ that they would travel – not necessarily the few seconds it might shave off of transaction times.
Committee participation is one of the most valuable benefits of your ATMIA membership. Are you involved in one of those committee groups? No? You are missing out on a lot of good opportunities.
Committees aren't just a means of keeping up with the industry, hearing about current issues, or making sure you know what new resources ATMIA has made available. It is a gathering place where you can really get to know your colleagues. There may be a few that you have met, because your footprints overlap in one spot or another. But there are many others who you otherwise might never meet.
With reports from independent operators that up to 95% of some fleets are currently inaccessible, ATMIA is deeply concerned about its members and helping them through these challenging times. We responded very quickly to the "need to know" by standing up a Coronavirus alerts and updates page on our website. And broke the news that DHS had included ATM operators on the list of essential workers.
One topic I never expected to be addressing as the U.S. newsletter's lead is the coronavirus. But as many of you are experiencing, as well, we are receiving lots of calls about events and other activities that might be impacted.
The latest and biggest news on the cashless front is that the New York City Council passed a bill on January 23, 2020 that makes it the largest city to require retail establishments to accept cash as a form of payment. Although there has been no formal comment from the mayor’s office, he is expected to sign the measure into law. The original proposal to ban cashless retail establishments in New York City was introduced more than a year ago.
2020 U.S. conference is just around the corner
Plan ahead for the 2020 U.S. annual conference
Yes – our industry has its own, dedicated recruiting and job search resource that is open to all. Job seekers can manage their search either publicly or privately. And employers have robust tools available to manage candidates for multiple openings – including the ability to post confidential listings.
ATMIA and ASA (the ATM Security Association) will host a new security event for the ATM industry.
Another round of ATMIA Academy scholarships
Renew your membership and contribute to the cause
Another state gets on the Cashless Ban'd Wagon
IAD Focus Group holds first meeting
CNBC shoots another segment with ATMIA
New This Year – Sponsor the 2020 Fly-in
Regulator meetings highlight bank account closure issues
ATMIA U.S. annual conference update - Houston 2020
Since the last U.S. newsletter was published, there has been a significant event in the movement to ban cashless retail establishments. Two different bills were introduced in the House on the same day last month; one by Rep. Donald Payne and another by Rep. David Cicilline. Perhaps the biggest difference at the outset is that the former would be administered by banking/financial system regulators and the latter by the FTC (Federal Trade Commission).
ATMIA USA has announced plans to launch a new security conference in the U.S. market. The event is expected to be scheduled for late June, 2020. A number of venues are being considered – primarily in the Minneapolis and Chicago areas.
Visa scholarship winners
Monitoring the efforts to ban cashless retail
IAD bank account closure survey report now available
Efforts to protect the consumer's right to pay with cash have made some significant gains in the past few weeks. It has been reported that Amazon pivoted on its intentions to make all Amazon Go stores cashless. Regardless of the reason, we commend them for this change in policy. It keeps the doors open for millions of unbanked and underbanked consumers.
In fact, the 20th annual U.S. conference broke quite a few records. Overall attendance of 1,132 exceeded last year's record in Las Vegas. And the 105 exhibitors and sponsors filling the show floor was also a record.
Cashless bans gain momentum. The efforts to ban retail establishments from refusing cash payments have really caught fire in the past few months. The latest and perhaps most visible activity is in New York City and the state of New Jersey, where such measures have been introduced. The stated motivation in these instances is that a cashless environment discriminates against the poor and the unbanked.
You don't want to miss your 20th . . . The 20th annual ATMIA USA conference and expo, that is. The industry's largest and premier event. Expect to see over 1,200 of your colleagues and more than 100 sponsors and exhibitors, representing every segment of the ATM industry. Getting the most out of this eventful-event is a simple four-step process.
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