ATMIA and the ATM Security Association Join Forces Permanently - February 07, 2019
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ATMIA and the ATM Security Association Join Forces Permanently

Thursday, February 07, 2019

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by ATM Industry Association

LONDON, UK & SIOUX FALLS, SD -- The ATM Security Association (ASA) and the ATM Industry Association (ATMIA) this week signed a final agreement to join forces and work together on a permanent basis. ASA will retain its name and logo and will now fall under the governance and ownership of ATMIA.

“After just over a year of fruitful discussions, negotiations and transitional arrangements, managed by a Joint Governance Committee, ATMIA and ASA are now officially one,” Mike Lee, CEO of ATMIA, said. “I’m delighted and excited that we have joined forces to fight together the threats of globally operative criminal groups and fraudsters. One cannot just focus on one region anymore. Those days are over. The fight is global and that is why we will build a global security platform in the coming months and years.”

The agreement, which comes into immediate effect, is the culmination of the successful aligned work achieved under the earlier Memorandum of Understanding (MOU) signed in March last year.

“Given the great strides our industry has made with advancements in various technologies that consumers value at the ATM, it’s vital that we continue our industry collaborative efforts to effectively combat the impact that technically sophisticated global crime has on the ATM channel,” commented ASA President, Uwe Krause.

Next steps for the new ATM Security Association include signing off a combined Charter and Operational Manual, completing the transfer of assets, setting up a new global ATM security portal and delivering several agreed-upon benefits to members.

ABOUT ATMIA — ATMIA is the leading non-profit trade association representing the entire global ATM industry. ATMIA serves more than 11,000 members from over 650 participating companies in 67 countries spanning the whole ATM ecosphere, including financial institutions, independent ATM deployers, equipment manufacturers, processors and a plethora of ATM service and value-added solution providers. ATMIA provides educationadvocacy and connections to help its members keep abreast of industry news and developments; increase knowledge and professionalism; improve operational efficiencies; understand and influence regulatory processes; participate in the local, regional and global ATM community; and forge new relationships to advance their businesses. Founded in 1997, ATMIA has active chapters in the United States, Canada, Europe, Latin America, Asia-Pacific, Asia, Africa, India and the Middle East focusing on the unique needs and issues of each region. For more information, please visit Follow ATMIA:  LinkedInTwitterYouTube.

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