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ATMIA CEO sees cash remaining critical as financial institutions embrace digital

Payments Dive

ATMIA CEO Mike Lee sits down at ATMIA Europe in Rome for a conversation about the war on cash and the future of mobile banking, bitcoin and ATMs.

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4.28.17: Your morning briefing

Payments Source

Today: MPOS poised for growth; JPMorgan Chase leaves R3; Bitcoin ATMs expand; ATMIA lashes out at cash reduction efforts. The information you need to start your day, including top headlines from PaymentsSource and around the Web.

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What Can The State Of ATMs Reveal About The Condition Of Cash?

PYMNTS

At least that’s what Ron Delnevo, executive director of the ATM Industry Association (ATMIA) in Europe, suggests. I think people should have the choice to use cash, apps, bitcoin, whatever. The convenience of credit cards and slimming consumer wallets may suggest that hard cash is slipping away as a preferred method of payment.

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