Tools commonly used in the Automated Teller Machines industry for day-to-day tasks and operations.

• ATM software
• Card readers
• PIN pads
• Cash dispensers
• Receipt printers
• Touch screens
• Keyboards
• Barcode scanners
• Cameras
• Network routers

Common products and services typical of NAICS Code 522110-01, illustrating the main business activities and contributions to the market.

• ATM installation services
• ATM maintenance and repair
• ATM software development
• ATM network management
• ATM security services
• ATM parts and supplies
• ATM transaction processing
• ATM monitoring and reporting
• ATM training and support
• ATM consulting services

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

• PCI DSS: The Payment Card Industry Data Security Standard 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. The standard is maintained by the Payment Card Industry Security Standards Council.
• ATMIA ATM Security Alliance: The ATM Industry Association's ATM Security Alliance provides a range of resources and best practices to help ATM operators and manufacturers improve the security of their machines.
• ADA Compliance: The Americans with Disabilities Act (ADA) requires that ATMs be accessible to people with disabilities. Compliance with the ADA includes features such as Braille instructions, audio instructions, and accessible keypads.
• NIST Cybersecurity Framework: The National Institute of Standards and Technology (NIST) Cybersecurity Framework provides a set of guidelines and best practices for managing and reducing cybersecurity risk. Compliance with the framework can help ATM operators and manufacturers improve the security of their machines.
• UL 291: UL 291 is a standard for the design and construction of ATM safes and vaults. Compliance with the standard ensures that ATMs are secure and resistant to physical attacks.

A concise historical narrative of NAICS Code 522110-01 covering global milestones and recent developments within the United States.

• The Automated Teller Machines (ATMs) industry has come a long way since its inception in the late 1960s. The first ATM was installed in London in 1967 by Barclays Bank, and by the end of the 1970s, ATMs had become a common sight in the United States. In the 1980s, the industry saw significant growth as banks began to offer more services through ATMs, such as cash deposits and transfers. The 1990s saw the introduction of more advanced ATMs, including those with color screens and touchpads. In recent years, the industry has continued to evolve, with the introduction of mobile banking and contactless payments. In the United States, the industry has seen a shift towards more advanced ATMs that offer a wider range of services, such as check cashing and bill payments.

The anticipated future trajectory of the NAICS 522110-01 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 Automated Teller Machines (ATM) industry in the USA is positive. The industry is expected to grow due to the increasing demand for convenient and secure banking services. The rise of digital banking has not diminished the importance of ATMs, as they continue to be a crucial part of the banking infrastructure. The industry is also expected to benefit from the increasing adoption of contactless payment methods, which will require ATMs to be upgraded to support these new technologies. Additionally, the industry is expected to benefit from the increasing use of ATMs in emerging markets, where the demand for banking services is growing rapidly. Overall, the industry is expected to continue to grow in the coming years, driven by technological advancements and changing consumer preferences.

Recent groundbreaking advancements and milestones in the Automated Teller Machines industry, reflecting notable innovations that have reshaped its landscape.

• Cardless Atms: These ATMs allow customers to withdraw cash without using a physical card. Instead, customers can use their mobile phones to authenticate their identity and complete the transaction. This innovation has made ATM transactions more secure and convenient.
• Biometric Atms: These ATMs use biometric authentication methods such as fingerprint scanning or facial recognition to verify the identity of customers. This innovation has made ATM transactions more secure and has reduced the risk of fraud.
• Interactive Atms: These ATMs have touchscreens that allow customers to perform a wide range of banking transactions, such as transferring funds, paying bills, and depositing checks. This innovation has made ATM transactions more convenient and has reduced the need for customers to visit a bank branch.
• Cash Recycling Atms: These ATMs allow customers to deposit cash and then withdraw the same cash later. This innovation has reduced the need for banks to transport cash between branches and has made ATM transactions more efficient.
• Mobile Atms: These ATMs are mounted on trucks or trailers and can be moved to different locations as needed. This innovation has made banking services more accessible to customers in remote areas or during events.