ATMIA today announced that its Next Gen ATM project has now reached the milestone of 200 companies participating in defining the future for ATMs, with a South African bank, Capitec Bank, being the 200th company to join.
“I am delighted to welcome Capitec Bank as the 200th company worldwide to join the association’s Consortium for Next Gen ATMs,” commented Mike Lee, CEO of ATMIA. “This is a blueprint for the industry by the industry and it is gaining significant traction as the most far-reaching future-proofing exercise undertaken by the global ATM industry in living memory.”
The 2018 Lafferty Banking 500 study, a study of 500 banks worldwide, ranked Capitec Bank as the top bank in South Africa and one of the leading banks globally (https://businesstech.co.za/news/banking/279345/capitec-has-just-been-ranked-as-the-best-bank-in-south-africa/).
Other financial institutions participating in the Next Gen ATM project include: Absa Bank, Allied Irish Banks (AIB), Akbank, ANZ, Bank of America, Bank of Hawaii, Bank of Montreal, Bank of South Pacific, Bank Permata, Barclays Bank, BBVA, Belfius Bank, BMO Financial Group, Capital One Bank, Cecabank, CIBC, Citibank, Citizens Bank, Coast Capital Savings Credit Union, Commonwealth Bank of Australia, Co-op Financial Services, Desjardins Group, Elan Financial Services, Emirates NBD, First National Bank of South Africa, Gorham Savings Bank, Great Southern Bank, Heritage Bank, HSBC, Iberia Bank, ICICI Bank Canada, ING, JP Morgan Chase, Mauritius Commercial Bank, National Australia Bank, National Bank of Greece, NC State Employees’ Credit Union, Nedbank, PNC Bank, Prosperity Bank, Reserve Bank of South Africa, Royal Bank of Canada, Santander, Scotiabank, SEFCU, Sogebank, Standard Bank, Standard Chartered Bank, SunTrust Bank, TD Bank, United Bank for Africa, US Bank, Wells Fargo Bank, Westpac and Zions Bancorporation.
Independent ATM Operators include: Cardtronics, Payment Alliance International, Euronet Worldwide, National Link, Next Payments, Paycorp, Rapid Cash ATM and Spark ATMs.
Major industry vendors participating include: NCR, Diebold Nixdorf, GRG Banking, Nautilus Hyosung, Faradis Alborz Company, Fujitsu, Hitachi Europe, Hitachi-Omron, Genmega, IBM, Oki Electrical, Puloon USA, Shenzhen Yihua Computer and Triton.
Card and ATM networks and processors include: MasterCard, Visa, UnionPay, First Data, Shazam, SIBS, Star ATM Network, Switch Commerce and Vocalink.
There are also cash providers, cash in transit and cash management companies, ATM management and spare parts suppliers, security solutions providers, independent software vendors, consultants, industry associations, central banks, technology and payment providers, industry media groups.
“The Next Gen ATM project is aimed at linking 5 billion mobile phones to over 3.2 million ATMs,” Lee added, “ and it’s a truly global and cross-industry initiative designed to keep ATMs relevant for the next generation and beyond.”