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GLG Topic: ATM Industry

ATM is the acronym for automated teller machine. ATMs are computerized banking terminals that allow bank customers 24-hour-a-day access to account information as well as the ability to conduct such banking transactions as withdrawals, deposits, and transfers. Bank customers access ATMs using bank debit or credit cards.

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Leading Experts: ATM Industry

What is a GLG Leader?
Stephen Lattanzio, AVP ATM Network Manager, SUN NATIONAL BANK (INC)Stephen Lattanzio
AVP ATM Network Manager
SUN NATIONAL BANK (INC)

Stephen Lattanzio is an AVP at Sun National bank, where he is responsible as the ATM Network Manager and Merchant Service Manager. Mr. Lattanzio has years of diversified banking experience in branch banking, ATM operations, as well as 5 years of Merchant Service Management. Mr. Lattanzio has been involved...

Kamala Worthington
FormerVP, Marketing Product Manager
BANK OF AMERICA CORPORATION

Kamala Worthington was until May 2006 a Vice President and Marketing Product Manager at Bank of America, for the ATM Channel, where she was responsible for conducting market research and competitive analysis to determine market trends in the ATM industry, predicting forecasts and conducting due diligence,...

Ronald Gamm, Executive Vice President , iMax Bancard networkRonald Gamm
Executive Vice President
iMax Bancard network

Ronald Gamm is the Executive Vice President at iMax Bancard Network, a company which provides the expertise and reliability to enable merchants to accept credit cards, ATM/debit cards and checks. He is responsible for all sales and marketing channels in the organization. Mr. Gamm was also the Vice President...

George Kaadi, VP & Chief Information Officer, SOMPO JAPAN INSURANCE COMPANY OF AMERICAGeorge Kaadi
VP & Chief Information Officer
SOMPO JAPAN INSURANCE COMPANY OF AMERICA

George Kaadi is the Vice President and Chief Information Officer at Sompo Japan Insurance Company of America. Prior to Sompo he was CTO at AboveNet, co-location and Optical Fiber provider. Prior to AboveNet he was CIO at Marvel Entertainment Group "Publishing and Studios". Prior to Marvel, Mr. Kaadi...

Ted Brandewie
Consultant
Innovation Plant LLC

Ted Brandewie consults with Innovation Plant, LLC in strategic management and marketing, focusing on the printer industry. He held senior management positions at Lexmark in Corporate Strategy & Business Development and the Business Printer Division's Worldwide Marketing, Competitive Analysis, and Strategic...

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GLG NewsSM Analysis: ATM Industry(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
An ATM Network Needs Independence | 05-15-2008
Analysis of: BREAKING: TRM Buys ATM ISO Access to Money for $15 million | www.atmmarketplace.com
Author: GLG Expert Contributor

It takes a very focused approach to be successful in managing an ATM network profitably! Economies of scale contribute greatly to the profitability of an off-premise, non-bank ATM network. .

The Downside of ATM's: High Fees | 03-27-2008
Analysis of: Are rising credit card interchange fees hurting ATM usage? | www.atmmarketplace.com
Author: GLG Expert Contributor

Implications: 1.Merchantability - interchange fees may , likely, be forced by Regulatory Authorities to control fees and a limitation of credit card company power to control the same. 2.The alternative - swipe the plastic Debit card rather than a credit transaction. 3.There appears to be a contradiction...

ATM's Wearing the Emporer's New Clothes | 03-26-2008
Analysis of: Are rising credit card interchange fees hurting ATM usage? | www.atmmarketplace.com
Author: GLG Expert Contributor

ATM’s may think they have on the cutest outfit in town, but merchants and consumers are continuing to chuckle and just move on by.  The convergence of transparency and information are making them much savvier players these days and ATM’s aren’t keeping up.  It’s not just all about interchange,...

Banks Charged Over $36 Billion In ATM & Overdraft Fees In 2007 to Boost Revenues | 03-31-2008
Analysis of: Banks Boost Fees for ATMs, Overdrafts | www.smartmoney.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, BANK OF AMERICA CORPORATION

Banks boosted revenues by charging over $36 billion in ATM and Overdraft fees in 2007. Banks and credit unions are netting a stream of fee revenue from ATM and debit transactions in ATM and overdraft fees as consumers continue to pay steeper penalties and fees for not having sufficient funds in their...

Industry Police Thyself - Or Else | 03-27-2008
Analysis of: Are rising credit card interchange fees hurting ATM usage? | www.atmmarketplace.com
Author: GLG Expert Contributor

Hurting ATM usage, or not, by adjusting fees is the least of our problems. The problem is Washington and the Credit Card Fair Fee Act of 2008.

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