Please look though our current and past newsletters for the United States region to keep up to date on latest news.
Since the last U.S. newsletter was published, there has been a significant event in the movement to ban cashless retail establishments. Two different bills were introduced in the House on the same day last month; one by Rep. Donald Payne and another by Rep. David Cicilline. Perhaps the biggest difference at the outset is that the former would be administered by banking/financial system regulators and the latter by the FTC (Federal Trade Commission).
ATMIA USA has announced plans to launch a new security conference in the U.S. market. The event is expected to be scheduled for late June, 2020. A number of venues are being considered – primarily in the Minneapolis and Chicago areas.
Visa scholarship winners
Monitoring the efforts to ban cashless retail
IAD bank account closure survey report now available
Efforts to protect the consumer's right to pay with cash have made some significant gains in the past few weeks. It has been reported that Amazon pivoted on its intentions to make all Amazon Go stores cashless. Regardless of the reason, we commend them for this change in policy. It keeps the doors open for millions of unbanked and underbanked consumers.
In fact, the 20th annual U.S. conference broke quite a few records. Overall attendance of 1,132 exceeded last year's record in Las Vegas. And the 105 exhibitors and sponsors filling the show floor was also a record.
Cashless bans gain momentum. The efforts to ban retail establishments from refusing cash payments have really caught fire in the past few months. The latest and perhaps most visible activity is in New York City and the state of New Jersey, where such measures have been introduced. The stated motivation in these instances is that a cashless environment discriminates against the poor and the unbanked.
You don't want to miss your 20th . . . The 20th annual ATMIA USA conference and expo, that is. The industry's largest and premier event. Expect to see over 1,200 of your colleagues and more than 100 sponsors and exhibitors, representing every segment of the ATM industry. Getting the most out of this eventful-event is a simple four-step process.
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