ATM OUTSOURCING FOR COMMUNITY BANKS AND CREDIT UNIONS (WHITE PAPER)

WHY COMMUNIT Y BANKS AND CREDIT UNIONS ARE TURNING TO ATM OUTSOURCING

ATMs have been a traditional part of banking since the first ATM debuted in London 50 years ago. While a novelty at the time, the ATM launched into widespread use throughout the 1970’s and 1980’s as consumers became more comfortable with changing technologies and self-service.

person using atm, person with mask using atm, young man using atm, bank atm, credit union atm

Now, with the introduction of mobile phones and continued focus on self-service, ATMs have become more essential than ever for financial institutions to provide easy cash and account access for their cardholders. However, the same technological whirlwind that has launched the ATM and self-service channels into prominence is also contributing to rising costs, making it more difficult for banks and credit unions to budget and maintain a convenient network of ATMs.

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