ATM Management is the process of planning and implementing systems for the management, monitoring and registering of ATM machines’ events. The process enables banks and processing companies create a wide service line through an ATM. Apart from the above-mentioned service, ATM management involves the site selection for the ATM, and marketing and coordinating with third party service providers. Other activities involved in the process includes screen design, cash management, transaction processing, network design, help desk, maintenance, security service and the introduction of new functionalities etc.
ATM Management is generally outsourced by the banks and financial solutions to the service providers. The service providing companies, in turn, offer specific solutions that can aid financial organizations to secure their cash dispensers and enhance product offering, thus retaining customers. They also provide monitoring services, ATM hygiene, security and operational efficiency, high availability, convenience, as well as manage and support a wide range of devices, interfaces, and transaction types. ATM Management service providers work to ensure that the consumers are furnished with increasing choices, and bring self-service terminals to airports, shopping malls, hotels, convenience stores and restaurants.
Additionally, ATM Management services ensure that the ATM kiosks face minimal or no downtime at all. Aside from monitoring the up-time percentile, the service providers also oversee the cash flow in the ATMs, asserting the prevention of cash-outs.
MiFID II / MiFIR Transaction Reporting: A Practical Guide
White Paper By: Duco
One of the main criticisms of the original MiFID was that national regulators did not enforce the directive with the same zeal across Europe. The list of financial instruments covered has been extended to almost all instruments traded in European markets – with particular emphasis on the OTC derivatives market that was previously out of scope for MiFID I. The issue with making this...
MiFID II data reconciliation: A practical guide
White Paper By: Duco
Data risk is an increasing challenge in the financial industry, for the innumerable processes that need to be taken care, before reporting the data to the regulators. It is extremely important to stay complaint and maintain data quality for Markets in Financial Instruments Directive II (MIFID II) during data reconciliation. Duco Cube with its powerful and flexible reconciliation platform...
The Top 5 Ways Publishers Can Be Successful in the Digital World
White Paper By: Iptor Supply Chain Systems
In the publishing industry, the rise of technology has extended beyond publishers simply digitizing content for those readers who prefer ebooks or online learning systems to print—forcing businesses to adapt their processes and products to accommodate new customer demand. In this new age, technology has allowed for many of these processes to be streamlined or automated, allowing for...
Transaction Reporting – what’s changing?
White Paper By: AutoRek
Transaction Reporting is one of the key priorities for regulators. Some are already warning that there will be no latitude for non-compliance, including late reporting. The aim of Transaction Reporting is to assist EU regulators in the detection and investigation of suspected market abuse. By implementing a robust, automated financial control regime, investments firms will ensure readiness...
5 Ways Electronic Invoicing Helps Businesses Get Paid Faster
White Paper By: Basware
Electronic invoicing delivers efficiencies across the accounts receivable cycle: invoice creation, invoice delivery, dispute management, posting, and reporting and analytics. Most importantly, reducing Days Sales Outstanding (DSO) with electronic invoicing enables businesses to reinvest more quickly to drive company growth. This white paper details the inefficiencies of...
Are You A Full-Stack CFO?
White Paper By: Mineraltree
The most basic definition, of Chief Financial Officer (CFO) is “the senior manager responsible for overseeing the financial activities of an entire company.” But, this definition is actually quite narrow. A tech savvy (full stack) CFO uses technology to drive innovation across the four faces (steward, operator, strategist, and catalyst) to lead the charge in improving efficiency,...