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Cash remains King – despite explosive contactless growth
LINK figures reveal that cash withdrawals from LINK ATMs in 2015 amounted to a record £128 billion – made over 2 billion visits to the UK’s 70,270 LINK-connected ATMs. The total number of cash withdrawals only grew slightly in 2015 (by 0.8%) with the value of those withdrawals increasing by 2%. The amount cash machine users withdrew also went [...]
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ATM Market expected to reach $21.9 billion by 2020
According to new report by Allied Market Research titled “Global ATM Market – Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013-2020,” the global ATM market will reach $21.9 billion by 2020, registering a CAGR of 7.6% during the forecast period 2014-2020. The integration of wireless communicating devices (smart phones) with ATM machines reduces ATM [...]
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FIS Launches ATM TestBench
FIS has unveiled the industry’s first test solution that focuses on automated application testing for physical ATMs. FIS ATM TestBench helps banks and ATM service operators shorten test cycles, increase efficiency and safeguard a hard-earned brand reputation. One of the most frequent points of interaction customers have with a bank, ATMs continue to grow in [...]
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Wincor Nixdorf partners with Mexican subsidiary of Banco Santander
Wincor Nixdorf will provide round-the-clock remote monitoring of Banco Santander’s 5,200 ATMs, located both in the bank’s branches and at third-party locations. As soon as problems are detected, specific remote measures will be initiated to remedy them. The proactive service will translate into higher system availability. Wincor Nixdorf will also be responsible for regular maintenance, [...]
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ATM data suggest appetite for cash remains strong
Global ATM cash withdrawal volumes grew by 7% in 2014 with a total of 92 billion withdrawals made, according to a newly published Global ATM Market and Forecasts to 2020 report. Growth in the number of ATMs was even higher, and the global installed base passed the three million mark. In light of the so-called “war [...]
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