First Comprehensive Australian ATM Market Study Prepares Australian ATM Industry for Direct Charging in 2009
SYDNEY, Australia, August 26 (AllPayNews) -- Edgar, Dunn & Company, a leading independent global financial services and payments consultancy, announced today the launch of its Australian ATM Market Study 2008(TM), the first comprehensive study of its kind to be conducted for the Australian ATM industry. The study, slated for completion in November 2008, will survey a wide cross-section of ATM deployers, key ATM service providers and industry experts.
Leading industry sponsors of the study are First Data, a global leader in electronic commerce and payment services and owner of the largest ATM network in Australia; NCR, the world's leading ATM and customer interaction company; Wincor Nixdorf/ITS, a strategic alliance between the world's leader in ATM hardware, software and services solutions and Australasia's largest 'end-to-end' ATM services solutions provider; Cuscal, the leading provider of wholesale and transactional banking services to specialist retail financial institutions; and Diebold, Incorporated, the global leader in providing self-service and security systems and integrated services to the financial industry. In addition, ATMIA, the international trade body for the ATM industry, has endorsed the study, with more than 70% of the Australian ATM market already committed to participate.
The comprehensive study is structured to provide meaningful benchmarking data on deployment economics, market share, analysis of industry trends and issues and insight into Australia's ATM market structure and dynamics.
"We're confident this study will offer a groundbreaking, in-depth view of ATM trends, economics and emerging strategies in the rapidly changing Australian ATM market -- becoming an essential handbook for all current and prospective market participants," says Mangala Martinus, who is leading the study for Edgar, Dunn & Company.
The introduction of direct charging in early 2009 is expected to cause major structural changes, significantly affecting the revenue model and competitive environment. Edgar, Dunn & Company has had a significant role in assisting the industry in Australia prepare for direct charging, leveraging experience obtained by the firm in similar reforms in the United Kingdom and North America.
"Based on overseas experience, direct charging will change the ATM business forever -- for both financial institutions and independent deployers. We look to this study to provide important market insights that can help us prepare for how direct charging will affect the Australian ATM market," says John Tait, First Data's Senior Vice President, Sales and Marketing, Asia Pacific.
Utilizing its global ATM industry experience, Edgar, Dunn & Company intends to conduct similar ATM studies in other markets in early 2009. It invites further sponsorships and industry participation for these studies.
The final results and analysis of the Australian ATM Market Study 2008 will be available to subscribers by November 17, 2008. Edgar, Dunn & Company and overseas industry experts will present the study findings and insights on direct charging at a full day industry seminar in Sydney on November 26, 2008. The report and seminar tickets are available at http://www.edgardunn.com.
Further queries on sponsorships, subscriptions and additional market studies can be made to Mangala Martinus at email@example.com or +61-2-9279-2442 .
About Edgar, Dunn & Company
Edgar, Dunn & Company (EDC) is an independent global financial services and payments consultancy. Founded in 1978, the firm is widely regarded as a trusted advisor to its clients, providing a full range of strategy consulting services, expertise and market insight. Global capabilities include in-depth industry and consumer benchmarking, strategy, risk management, marketing, profitability improvement, operations, and new products and technologies. With offices in Atlanta, Frankfurt, London, Paris, San Francisco, Singapore and Sydney, EDC serves clients in over 30 countries on six continents. More information can be found at http://www.edgardunn.com.
About First Data International (Gold Sponsor)
First Data Corp. is a leading provider of electronic commerce and payment solutions for businesses worldwide. With operations in 38 countries, First Data serves over 5 million merchant locations, 1,900 card issuers and their customers. We power the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company's portfolio of services and solutions includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; receivables management solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce, loyalty and mobile payment solutions. The company's STAR Network offers PIN-secured debit acceptance at 2.1 million ATM and retail locations. For more information, visit http://www.firstdata.com.
About NCR Corporation (Silver Sponsor)
NCR Corporation (http://www.ncr.com) is a global technology company leading how the world connects, interacts and transacts with business. NCR's assisted-service and self-service solutions and comprehensive support services address the needs of retail, financial, travel, healthcare, hospitality, gaming and public sector organisations in more than 100 countries. NCR is headquartered in Dayton, Ohio, and its main South Pacific offices are in Sydney and Melbourne.
About Wincor-Nixdorf and ITS (Silver Sponsor)
Wincor Nixdorf is one of the world's leading providers of end-to-end IT solutions to retail banks, retailers, healthcare, lottery and gaming, travel and leisure, food and beverage, and service stations. The company is headquartered in Paderborn, Germany, and is publicly traded on the Frankfurt Securities & Stock Exchange. It has a global presence in more than 90 countries. The business in Asia is controlled and managed from Singapore, which serves as the nerve centre for the control and coordination of sales, production, logistics and development engineering. Please visit http://www.wincor-nixdorf.com.
The ITS Group is Australasia's largest supplier of ATM professional services, maintenance and support including hardware, software, call centre and network management with over 18,000 ATMs under service. An Australian owned and operated business headquartered in Sydney with branches in all major cities in Australia and New Zealand, ITS is a specialist organization focused on end-to-end multi-vendor automated and self service banking solutions. Please visit http://www.i-t-s.net.au.
About Cuscal (Silver Sponsor)
Cuscal is the leading business-to-business provider of wholesale banking and transactional banking services to specialist retail financial institutions in Australia. Currently servicing more than 150 specialist retail financial institutions, including the majority of Australian credit unions, Cuscal manages the assets of a customer base with a collective balance sheet of more than US$30 billion. For more information, visit http://www.cuscal.com.au.
About Diebold, Incorporated (Silver Sponsor)
Diebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs more than 17,000 associates with representation in nearly 90 countries worldwide and is headquartered in Canton, Ohio, USA. Diebold is publicly traded on the New York Stock Exchange under the symbol 'DBD.' Diebold Australia and New Zealand commenced its local operations in 1998 with Diebold initially delivering Self Service Terminals as well as physical and electronic security solutions to the banking, government and commercial business markets. Diebold Australia is headquartered in Sydney with services operations based in Melbourne and regional offices across Australian in all major states. For more information, visit http://www.dieboldaustralia.com.au.
About ATM Industry Association
The ATM Industry Association (http://www.atmia.com) is a global non-profit trade association with over 1,050 members in 50 countries. Its mission is to promote ATM convenience, growth and usage worldwide, protect the ATM industry's assets, interests, good name and public trust; and provide education, best practices, political voice and networking opportunities for member organizations. In June 2003, ATMIA established the Global ATM Security Alliance (GASA) (http://www.globalasa.com) with the mission to employ global security resources in a united alliance in order to protect the ATM industry from criminal activity.
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