Bankers Association Promises Improved Access To ABMs

  • The Jamaica Bankers Association (JBA) stated that its member banks are working towards improving access to Automated Banking Machines across the island, despite the continued threats of theft, vandalism and attacks on cash couriers. In a release last week, the JBA noted that there are roughly 884 ABMs islandwide which are owned and operated by its members.
  • It went on to state that it has taken firm action to mitigate the threats faced and has forged closer collaborations with service providers, law enforcement, and other authorities to guide operational decisions and implement protocols.
  • In addition to improving access, the JBA mentioned that its members are seeking to restore the availability of cash to improved levels. This will be accomplished with new security measures and the re-deployment of some decommissioned ABMs from remote areas to more secure sites (such as police stations).
  • Additionally, the JBA highlighted that members also have plans to increase ABM deployments in key districts to fill existing demand gaps and employ the use of revised operating plans to improve cash access and fault resolutions.

(Source: RJR News)