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
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Stephen LattanzioAVP 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...
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 GammExecutive 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 KaadiVP & 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...
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...
Study Groups: ATM Industry(?)
| Study Group Name | Members |
|---|---|
| ATM Market Experts | 23 |
| Automated Teller Machines (ATM) Industry Experts | 198 |
| Check Printing Services Experts | 70 |
| Financial Printing Experts | 215 |
| Hypercom Point of Sale Terminal Experts | 27 |
GLG NewsSM
Analysis: ATM Industry(?)
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. .
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 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 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...
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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