A new white paper sponsored by the ATM Industry Association found independent ATM firms deployed more machines in the past four years but made less money. The ATMIA is the trade association for primarily independent ATM firms.
The trade group partnered with Tremont Capital Group, a Boston-based ATM consulting group, to research and write the "U.S. ATM Industry Overview." The paper updated a previous paper of the same name last published in 2010.
The new report, published June 23, reported that independent ATM owners pumped $5.5 billion into their ATM fleets over the past decade. More money to address additional operational costs, in particular software and security upgrades, was still accruing.
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