Tools commonly used in the ATM Manufacturers industry for day-to-day tasks and operations.

• Circuit board testers
• Soldering irons
• Oscilloscopes
• Multimeters
• Power supplies
• Logic analyzers
• Spectrum analyzers
• Function generators
• Digital signal processors
• Microcontrollers

Common products and services typical of NAICS Code 334118-06, illustrating the main business activities and contributions to the market.

• ATM machines
• Cash dispensers
• Self-service kiosks
• Payment terminals
• Electronic banking machines
• Automated banking machines
• Cash machines
• Teller machines
• Self-service banking devices
• Electronic funds transfer machines

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• UL 291: UL 291 is a safety standard for financial equipment, including ATMs. It ensures that the equipment is secure and can withstand physical attacks. The standard is provided by Underwriters Laboratories (UL).
• PCI DSS: The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards designed to ensure that all companies that accept, process, store or transmit credit card information maintain a secure environment. Compliance with PCI DSS is required for all entities that store, process, or transmit cardholder data.
• ADA: The Americans with Disabilities Act (ADA) requires that ATMs be accessible to people with disabilities. Compliance with ADA regulations is required for all ATMs in the US.
• FCC: The Federal Communications Commission (FCC) regulates the use of radio frequencies in the US. ATMs that use wireless communication must comply with FCC regulations.
• NIST: The National Institute of Standards and Technology (NIST) provides guidelines for securing information systems, including ATMs. Compliance with NIST guidelines is recommended for all entities that store, process, or transmit sensitive information.

A concise historical narrative of NAICS Code 334118-06 covering global milestones and recent developments within the United States.

• The "ATM Manufacturers" industry has a relatively short history, dating back to the 1960s when the first automated teller machines (ATMs) were introduced. The first ATM was installed in London in 1967 by Barclays Bank. In the following years, the technology spread rapidly, and by the 1980s, ATMs had become a common sight in many countries. In the United States, the first ATM was installed in 1969 by Chemical Bank in New York City. Since then, the industry has continued to evolve, with advancements in technology leading to more sophisticated and secure machines. In recent years, the industry has also seen a shift towards more self-service options, such as mobile banking and online banking, which has impacted the demand for ATMs.

The anticipated future trajectory of the NAICS 334118-06 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the ATM Manufacturers industry in the USA is positive. The industry is expected to grow due to the increasing demand for ATMs in emerging markets and the replacement of older machines in developed markets. The industry is also expected to benefit from the increasing adoption of cashless payment methods, which will drive demand for ATMs that can accept non-cash payments. However, the industry may face challenges from the increasing use of mobile banking and online payment systems, which could reduce the need for physical ATMs. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the ATM Manufacturers industry, reflecting notable innovations that have reshaped its landscape.

• Diebold Nixdorf's DN Series: A new line of ATMs that feature a sleek design, enhanced security features, and improved user experience.
• Ncr's Selfserv 80 Series: A new line of ATMs that feature a large touchscreen display, contactless card readers, and advanced security features.
• Fujitsu's Cash Recycling Atms: ATMs that can accept, validate, and dispense cash, reducing the need for cash replenishment and improving efficiency.
• Hyosung's MX8800: A high-capacity ATM that can hold up to 10,000 notes, reducing the need for frequent cash replenishment.
• Grgbanking's Intelligent Teller Machines: ATMs that feature advanced facial recognition technology, enabling customers to withdraw cash without a card or PIN.