Practically half of individuals within the UK consider their entry to money has improved over the previous yr, in keeping with a brand new survey from ATM operator NCR Atleos. The findings come one yr after the Monetary Conduct Authority’s (FCA) Money Entry regulatory regime got here into impact on 18 September 2024.
The survey, carried out by way of an on-screen questionnaire at over 7,300 ATMs nationwide, gathered greater than 380,000 responses. It discovered that 44 per cent of individuals consider their entry to money has improved within the final 12 months. This determine rose to 47 per cent at protected ATM websites.
The info highlights the continued significance of money for a good portion of the inhabitants. The FCA’s Monetary Lives 2024 report revealed that 13.1 million adults within the UK have low monetary resilience, with between 5 and 6 million adults counting on money for his or her day by day wants.
Progress in shared banking infrastructure

The previous yr has seen a big rollout of shared banking infrastructure in response to the FCA’s money entry guidelines, delivered via the mixed efforts of banks, ATM operators, and Money Entry UK. This consists of the institution of 121 banking hubs and almost 100 deposit-capable ATMs.
In line with the information, these companies now serve over 210,000 prospects every month and course of multiple million transactions. NCR Atleos reported that since September 2024, it has enabled over 150,000 deposit transactions value greater than £40million throughout its 72 reside deposit-capable ATMs within the UK.
Neil Martin, space managing director for the UK, Eire and Northern Europe at NCR Atleos, commented: “The previous yr has been a convincing step in the appropriate route for offering important money entry to the tens of millions of people that nonetheless rely upon it day by day. The FCA’s regulation change has efficiently pushed new funding into hubs, protected ATMs and deposit companies – infrastructure that now handles tens of millions of buyer transactions each month.”
Innovation and sustainability for the long run community
Whereas acknowledging the progress made, the commentary additionally pointed to the necessity for continued innovation to make sure the long-term sustainability of the money entry community.
Martin added: “However we should additionally hold tempo. Hubs take time to ascertain and are resource-heavy, so it’s important we complement them with cost-efficient fashions akin to grocery store hubs and multi-bank deposit ATMs. Comfort is equally key. Providers should be obtainable at instances that go well with individuals’s lives, whether or not that’s early within the morning or on a Sunday afternoon as households put together for the week forward. If we proceed innovating on this approach, the community will stay sustainable, resilient and match for the long run.”
Trying forward, NCR Atleos plans to proceed increasing money companies in partnership with banks and retailers, with a concentrate on improvements like coin-accepting ATMs. The corporate said that by complementing conventional banking hubs with extra versatile and cost-efficient codecs, the money entry community will be scaled to make sure communities and companies throughout the UK have dependable entry to money.