A Rhode Island-based ATM provider has agreed to pay $50,000 and revise its internal procedures to settle allegations that it failed to post fee disclosure notices on some of its machines, Attorney General Martha Coakley said today.

According to a statement from Coakley’s office, a joint investigation between the AG’s office and the Division of Banks revealed that Atlas ATM Corp. had failed to post state-mandated notices informing consumers they would be charged fees for ATM transactions on some of its machines.

"Consumers have the right to know the fees associated with their financial transactions before using an ATM," Commissioner of Banks David J. Cotney said in the statement.  "The division continues to monitor ATM disclosures and appreciates the continued partnership with the attorney general’s office to help consumers make informed choices."

In addition to the settlement, the company further agreed to conduct periodic reviews of its machines to ensure ongoing compliance with the notice requirements.

This settlement was the latest in an industry-wide investigation into non-bank ATM disclosure practices. In May, Coakley and the Division of Banks settled similar allegations with Merrimak ATM Group.