The ATM (Automated Teller Machine) revolutionized the banking industry over the last two decades by featuring cash anytime, anywhere. After 40 years of growth and advancement, ATMs are found almost everywhere, not just in banks, but in places such as restaurants, drug stores, shopping centers, and grocery stores. By continuing to provide new and enhanced services, ATMs facilitate life in a modern society.

The global ATM market
The market for ATMs is truly global and continues to grow. Worldwide, the ATM industry can be divided into seven major regions based on penetration rate, usage statistics, and deployed machine features. Mature regions,which comprised the USA, Canada, Europe, and Japan, feature a high density of ATMs and a slow growth rate. Demand for ATMs continues to rise in the Asia/Pacific and Latin America regions, which feature the highest growth rates of all regions. The Near East and Africa, by comparison, have not yet achieved significant ATM penetration.

The importance of security
ATM security is a critical issue for both banks and accountholders. Incidents of fraud are reported in every region. Countermeasures are required to protect the banking system as well as the equipment. ATM manufacturers have turned to technology to incorporate additional methods of identity verification, such as CCD cameras, fingerprint authentication, and palm vein pattern recognition. As security concerns extend to the surrounding environment, surveillance systems have also been incorporated into most ATM installations. To implement these additional security technologies, a system board is needed that provides better performance and the ability to manage a greater number of peripherals.

MOXA offers serial port expansion products and embedded computers for ATM units, allowing connection and control of more advanced peripheral devices. With MOXA products, developers have the tools they need to meet the demand for enhanced ATM services and security.