Welcome to the ATM Industry Association Asia Region. Here you will be kept informed about the latest news for the region, upcoming meetings & conferences, and how to get the most out of your membership or how to become a member. We encourage you to reach out to the Director for this region with any questions.
Contact Peter Poon, Executive Director Asia at email@example.com. Call +852 3756 0060 or +86 180 2234 7494 (PRC - 中華人民共和國).
ATMIA members have the opportunity and are encouraged to join industry specific committees to offer your voice for the betterment of the ATM industry. Each committee meets quarterly for one hour by conference call or webinar and in the event of urgent issues, may meet more if necessary.
Webinar - Global update on prventing ATM Skimming. Read more.
Explore ATMIA's active committees and how to join.
Regional News from our members and ATMIA.
* Windows Migration Risk Assessment report. Please login using your member ID (email address) and password to Best Practices Library to download the report.
* Asia leads the way as growth in global ATM market accelerates. Read More.
February Member News:
* GRG ATM support 1st Tanzanian card scheme B-PESA partnered with UnionPay. Read more.
February ATMIA News:
* Ron Delnevo with Cash-Is-Cool Shares How ATMIA Provides Valuable Industry Education. Read More.
* ATMIA’s eTraining for ATM operators - Courses are divided into the five categories of ATM Balancing Clerk, ATM Custodian, ATM Field Controller, ATM Operations Manager, and Customer Service Representative.
* ATMIA Speaks Series: U.S. Conference Elevates Competitiveness Says Doug
Miraglia of Elan/Money Pass. Read More.
December Issue of Asia eNewsletter released.
China's 5 Big State-owned Commercial Bank
Earnings as of 2012 end; Total assets of 5 big ~128% of GDP (2012)
|ICBC||Industrial & Commercial Bank of China|
|ABC||Agricultural Bank of China|
|CCB||China Construction Bank|
|BOC||Bank of China|
|BOCOM||Bank of Communication|
Nationwide: 205,000 branches (5 Big ~33%) and an industry working population of 3.2 million (~0.25% of PRC population);
There are 12 national joint-stock commercial banks (tier 2 financial institutions) and Postal Savings Bank of China (PSBC, founded in 2007 headquartered in Beijing).
China's rising stature in global finance
According to McKinsey&Company, China, as the world’s largest saver with more than US$3 trillion in foreign reserve, an equity total market cap of US$3.6 trillion (2012) and a GDP of US$7.69 trillion (2012), has a major role to play in the global financial rebalancing toward emerging markets. Today, these countries represent 38 percent of worldwide GDP but account for just 7 percent of global foreign investment in equities and only 13 percent of global foreign lending. 1.This article is based on the McKinsey Global Institute report Financial globalization: Retreat or reset?, March 2013. Their role seems poised to grow in the shifting postcrisis financial landscape, since the advanced economies face sluggish growth and sobering demographic trends. As a lead player in that shift, China could become a true global financier and, with some reform, establish the renminbi as a major international currency.
China’s domestic financial markets will have to deepen and develop further, and returns earned by the government, corporations, and households must rise if the country is to attract and deploy capital more effectively. At the same time, the barriers that prevent individuals and companies from investing more freely outside the borders of China, and foreigners from investing within them, will have to diminish gradually, and the country must build the trust of global investors. Continued reform in China, coupled with its vast domestic savings and outsized role in world trade, could make the country one of the world’s most influential suppliers of capital in the years ahead.
Book on Central Bank of People's Republic of China (PRC)
* Global ATM Industry News
* ATMIA completes the second round of its Global Benchmarking study for ATM operators. Read more.
* How ATMIA supports the ATM Industry. What we do! Read More.
* ATMIA Publishes Best Practices for Cardless Transactions at the ATM
ATMIA today published Best Practices for Cardless Transactions at the ATM.
"We believe strongly in the future of cardless as a convenient new form of transaction at the ATM," explained Mike Lee, CEO of ATMIA. "The manual offers a brilliant overview by international payments consultant Barry Forbes of the technical, operational, regulatory and marketing issues associated with this promising innovation. In addition, Douglas Russell, Director of DFR Risk Management and approved ATMIA consultant, has covered the security implications of the new technology."
Get the most out of your membership with ATMIA.
We list a few of your benefits below. View a full list of the benefits of ATMIA membership.
Connect with ATMIA Members:
Contact Peter Poon, Executive Director Asia at firstname.lastname@example.org
Call +852 3756 0060 or +86 180 2234 7494 (PRC - 中華人民共和國).