Partnership between two world-leading companies will deliver
end-to-end, secure offering designed to dramatically impact channel
operations
NORTH CANTON, Ohio and
SINGAPORE, July 12, 2018 /PRNewswire/ -- Diebold
Nixdorf (NYSE: DBD), a world leader in driving connected commerce,
today announced a partnership with Mastercard (NYSE: MA) to deliver
an industry-defining, managed solution for the banking and retail
sectors.
The solution combines Diebold
Nixdorf's expertise in omni-channel innovation and consumer
transactions on the front-end, with Mastercard's state-of-the-art
processing services and extensive global network capability on the
back-end. The holistic, single-window solution, leveraging
Diebold Nixdorf AllConnect
ServicesSM infrastructure, will initially be
available in Asia Pacific for
banking clients, followed by retail clients in the region.
Delivered completely via an "as a Service" model, the offering
is designed specifically to enable customers to dramatically impact
their channel operations through:
- Operational Efficiencies: with more and more banks and
retailers hesitant to invest in networking infrastructure,
leveraging Mastercard's superior
network switching and data/fraud analytics
capabilities, such as SafetyNet and Decision Intelligence, will
mitigate legacy infrastructure challenges. Future functional
expansion will be better enabled as ongoing investments will be
optimized and risk exposure reduced.
- Seamlessness and Speed: as an end-to-end managed
solution, this will allow financial institutions and retailers
to be able to adopt and integrate best-of-breed emerging solutions
rapidly and efficiently.
- Convenience and Choice: with cardless
transactions, authenticated via biometric or other processes,
end consumers will be able to enjoy the speed, simplicity and
security of using their mobile devices to transact at automated
teller machines (ATMs).
- Innovation and Differentiation: in the future, retailers
will be able to service more customers across more payment
types, and financial institutions will be able to launch new
products with speed and agility that enhance the
personalization experience for consumers and deepen market
differentiation.
"At Mastercard, we are always considering what the future can
bring, especially in the context of evolving the digital ecosystem.
Today we have a great opportunity with Diebold Nixdorf to deliver the next wave of
digital products, with global scalability, for financial
institutions and retailers," said Rama Sridhar, executive vice
president, Digital and Emerging Partnerships, Asia Pacific, Mastercard. "This partnership
will offer customers access to a much richer, deeper and broader
set of highly sophisticated Mastercard services that are
specifically designed to drive smarter and faster investment
decisions."
This announcement builds upon Mastercard and Diebold Nixdorf's existing collaboration
announced earlier in June, in which
the two firms paved the way for ATM innovation through a new,
mobile experience that will bring all the conveniences of digital
payments – increased speed, security and transparency – to cash
withdrawals.
"Banks and retailers recognize that the core to success is the
ability to better understand, connect and deliver differentiating
services to consumers. To achieve this they must have laser focus
on their core business; that can only come with having peace of
mind in a secure, managed and future-ready channel," said
Olaf Heyden, Diebold Nixdorf senior vice president, services.
"This exciting new partnership with Mastercard will deliver exactly
that. Our customers will drive faster adoption of new capabilities
and emerging technologies, significantly reduce costs to upgrade
legacy solutions and deliver operational excellence -- all while
providing increased security and personalization."
About Mastercard
Mastercard (NYSE: MA), www.mastercard.com, is a technology company
in the global payments industry. Our global payments
processing network connects consumers, financial institutions,
merchants, governments and businesses in more than 210 countries
and territories. Mastercard products and solutions make
everyday commerce activities – such as shopping, traveling, running
a business and managing finances – easier, more secure and more
efficient for everyone. Follow us on Twitter @MastercardAP,
join the discussion on the Beyond the Transaction Blog and
subscribe for the latest news on the Engagement Bureau.
About Diebold
Nixdorf
Diebold
Nixdorf, Incorporated (NYSE: DBD) is a world leader in
enabling connected commerce for millions of consumers each day
across the financial and retail industries. Its software-defined
solutions bridge the physical and digital worlds of cash and
consumer transactions conveniently, securely and efficiently. As an
innovation partner for nearly all of the world's top 100 financial
institutions and a majority of the top 25 global retailers,
Diebold Nixdorf delivers
unparalleled services and technology that are essential to evolve
in an 'always on' and changing consumer landscape. The company has
a presence in more than 130 countries with approximately 23,000
employees worldwide. Visit www.DieboldNixdorf.com for more
information.
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SOURCE Diebold Nixdorf