NORTH CANTON, Ohio,
June 10, 2020 /PRNewswire/ -- Diebold
Nixdorf (NYSE: DBD), a global leader in driving connected commerce
for the banking and retail industries, announced today it signed a
six-year ATM as a Service agreement with bank99, Austrian Post's
new banking and financial services entity, to support a greenfield
approach to set up and manage a new digital branch network from
end-to-end. This partnership, valued at more than $20 million, enhances customer connectivity
across bank and post branches.
Bank99 was launched in April 2020
as a result of a joint venture between Austrian Post and the GRAWE
Banking Group to offer enhanced services including cash recycling
systems, customer service terminals and cash dispensing ATMs to
postal and branch customers. Bank99 selected Diebold
Nixdorf's ATM as a Service model to integrate its self-service
channels through a comprehensive solution, offering faster
scalability through hardware, software, maintenance, asset
financing and managed services. Diebold Nixdorf's self-service
systems will optimize service costs to handle millions of bank
transactions.
This ATM as a Service agreement, powered by Diebold Nixdorf
AllConnect ServicesSM, includes nearly 500
self-service devices across 300 branches. The ATMs will run on a
single software platform, DN VynamicTM, which enables
the banks to stay connected to their consumers by delivering
personalized interactions and continually innovating and evolving
their self-service experience.
Diebold Nixdorf is deeply connected to Austrian public entities
as demonstrated by the company's decades-long partnership with ARZ,
bank99's core banking services and IT provider. This allows for a
well-established, high-quality approach to the integration of
self-service solutions across bank99's and Austrian Post's local
branches and branch partner network. The company's expertise in the
Austrian market enables the seamless integration of banking
services throughout bank99's infrastructure.
Michael Wiedeck, chief sales officer at bank99 AG, said:
"We had a vision that our clients would have access to our
differentiated offerings through one connected channel. With
Diebold Nixdorf, we now have the resources and the business
partnership to turn that vision into a reality at optimal cost to
operate. As a banking start-up in the 21st century, the
ability to scale our digital retail banking offering to our
Austrian customers in many remote locations is not only valuable,
but also absolutely critical."
Neil Emerson, senior vice
president and managing director, Banking Eurasia, at Diebold
Nixdorf, said: "This new partnership with bank99 demonstrates
how we can provide an enhanced solution to optimize individual
digital banking ATM networks, powered by our global standard
services platform and standard processes. Through our ATM as a
Service program, we can optimize bank99's internal operations,
minimize the total cost of ownership and continually enhance the
consumer experience."
About bank99 AG
bank99 AG is an Austrian banking
company that offers online services as well as personal support at
almost 1,800 service points. bank99 AG is 80% owned by Austrian
Post AG and 20% by Capital Bank - GRAWE Group AG. Austrian Post
offers a nationwide branch network covering the whole of
Austria, thus ensuring the
availability of financial services for 99% of the population. The
service is offered at 413 locations, and Austrian Post's Post
Partners have been integrated as distribution channels. The company
describes itself as a "local bank provider," which will close
regional and temporal supply gaps in rural areas, among other
things, by extending opening hours.
About Diebold Nixdorf
Diebold Nixdorf, Incorporated
(NYSE: DBD) is a world leader in enabling connected commerce. We
automate, digitize and transform the way people bank and shop. As a
partner to the majority of the world's top 100 financial
institutions and top 25 global retailers, our integrated solutions
connect digital and physical channels conveniently, securely and
efficiently for millions of consumers each day. The company has a
presence in more than 100 countries with approximately 22,000
employees worldwide. Visit www.DieboldNixdorf.com for
more information.
Twitter: @DieboldNixdorf
LinkedIn: www.linkedin.com/company/diebold
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf
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SOURCE Diebold Nixdorf