ATMIA's New Forum for Financial Institution ATM Operators
ATMIA has started a forum for institutional ATM deployers where ATMs operating banks and financial institutions can com together, network and discuss about solving issues plaguing the ATM industry. Automatic Teller Machines or ATMs are the quickest and the easiest way to obtain cash. Another option is to walk into a bank, fill a form, wait for your turn, and hand it over to a teller and collect cash. The ATM Industry Association (ATMIA) is a global association of ATM operators. The association recently announced the creation of Financial Institution ATM Deployers Forum – a new committee of....
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The ATM Industry Association has today released a commission report written by the Tremon Capital Group - a large consulting firm that specializes in the ATM industry. Entitled "An Introduction to Bitcoin ATMs", the report covers the topic of the ever-increasing amount of bitcoin ATMs, if you haven't already guessed by the name. "We've been asked as an industry body to comment on the significance of Bitcoin and digital currencies to the ATM and cash industries," said Mike Lee, ATMIA CEO. "This paper is our first report of many which will enable us to draw some logical conclusions about how....
The ATM Industry Association (ATMIA) has released a new report that aims to encourage the nascent bitcoin ATM sector to adopt standards that promote consumer protection and security. The paper is the second report issued by the non-profit industry association on the subject of bitcoin ATMs this year, following a March release that assessed how both bitcoin and bitcoin ATMs could more broadly affect the traditional ATM market. Building off the first release, the most recent report suggests that the bitcoin ATM industry needs to adopt methods of self-governance now, before its products are....
The ATM Industry Association (ATMIA) has published a report titled "An Introduction to Bitcoin ATMs", providing the industry's first in-depth view of bitcoin and its implications for the ATM world. The ATMIA commissioned the report, which was written by Tremont Capital Group, a leading consulting firm specializing in the ATM industry. "We've been asked as an industry body to comment on the significance of bitcoin and digital currencies to the ATM and cash industries," said Mike Lee, the association's CEO. "This paper is our first report of many which will enable us to draw some logical....
Latin America held its first forum discussion on the financial and regulatory environment for virtual currencies in the continent. The organizers aptly named the forum, “Latin American Forum on Virtual Currencies,” and put an effort to bring Bitcoin advocates and Latin American governments together. With BitLicense hogging the headlines in the Bitcoin ecosystem, this recent development in the South America was unable to make to get much traction in the news. The forum was a one-day discussion on the financial and regulatory environment in Latin America. The event was cosponsored by Bitcoin....
It's no secret that Bitcoin represents a huge change in the way we exchange money and that this challenges established financial institutions. That has led to a noticeable amount of push-back from banks and governments. While the decentralized nature of Bitcoin means it cannot be shut down by any government or financial institution, such organizations can make it difficult for people to purchase the digital currency in the first place. That would effectively restrict access to the cryptocurrency. It appears that is happening to some degree in Israel, as reports from the Israel Army News....