A market research firm in London has reported that one third of Western European ATM markets shrank last year, a trend which some ATM analysts privately worry could happen in the U.S. as well.

Dominic Hirsch, managing director of London based Retail Banking Research wrote about the phenomenon in one of the firm’s research bulletins. The firm’s research wrote that six countries, including Great Britain and Spain, two of the largest, saw the numbers of ATMs fall last year. But he also noted that two countries that have lower rates of ATM penetration, Italy and Turkey, saw increases. This suggested that the unprecedented drop in the numbers of ATMs represented more of an anomaly than the start of a trend.

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