ATM News

Geldmaat runs the ATM network for the Netherland’s largest banks. This utility approach to ATM provision has strict service level agreements. Despite this the media in the Netherlands has reported that 5% of ATMs were broken at some point in September.

ATMs - November 28, 2023 midnight

Future of Cash – an ATM Perspective

As noted in the summary of the recent Emerging Market and Europe ATM and Cash Summit in Dublin, the focus was on understanding the future of ATMs in a changing cash environment. As such there was a strong ‘Future of Cash’ feel to the agenda alongside more technical ATM perspectives and topics.

Free - November 2, 2023 midnight

The Changing Environment for ATMs

The Emerging Market and Europe ATM and Cash Summit in Dublin focused on the future role of ATMs in a changing world. In addition to the keynote speech by the Dutch National Bank, supported by a Geldmaat presentation, Bancomat from Sweden, LINK from the UK and the ECB also covered the changing role of cash.

ATMs - November 2, 2023 midnight

Financial Services in Africa

An International Monetary Fund Financial Access Survey has confirmed that Ugandan banks are switching their spending to digital channels and away from branches and ATMs. There has been an exponential growth in mobile money services.

Bank Branch - November 2, 2023 midnight

Lessons Learnt Managing a Declining ATM Estate

As the number of ATMs and use declines, authorities face challenges relating to competition policy and appropriate regulations. The Bank of Finland is no exception and has written about their experience and the extensive academic work done on this topic.

ATMs - January 28, 2022 midnight

News in Brief

The Federal Reserve Bank of Kansas City has gone public encouraging people to use coins and to return them into the cash cycle. After the coin hiatus last year, which saw the formation of the Coin Taskforce and limits on the issue of coins to retailers and institutions, the situation had eased with the limits lifted and normal service resuming.

News - August 25, 2021 midnight

Payment News

aRussia’s second largest bank, VTB, has been working on tools to identify the optimum location for bank branches and ATMs. It has used a wide range of parameters, over 5,000, to calculate how to reach the most customers and generate the most sales from a new location.

News - August 25, 2021 midnight

News in Brief

A number of states and cities in the US have implemented or are considering legislation to make cash acceptance at retailers mandatory.

News - July 26, 2021 midnight