ATM-as-a-Service (ATMaaS) is emerging as a strategic solution for financial institutions seeking to manage increasing ATM complexity, compliance, and cost pressures. While digital banking surged during the pandemic, ATMs remain vital, especially for consumers who prefer cash. ATMaaS offers benefits like cost savings, streamlined compliance, and simplified vendor oversight, appealing particularly to banks with smaller fleets. As ATM functionality advances—such as cash recycling and security updates—outsourcing becomes more attractive. Like core processing migration, ATMaaS is expected to gain significant traction in 2024 and 2025.

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