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Diebold Nixdorf partners Austrian bank

Jun 11, 2020

This partnership is valued at over $20 million

Diebold Nixdorf

Diebold Nixdorf partners Austrian bank. Source: shutterstock.com

Diebold Nixdorf has signed a 6-year ATM as a Service agreement with bank99, Austrian Post’s new banking and financial services entity. They aim to support a greenfield approach to set up and manage a new digital branch network from end-to-end.

Bank99 chose Diebold Nixdorf’s ATM as a Service model to integrate its self-service channels through a complex solution. As a result, it would provide faster scalability through hardware, software, maintenance, asset financing, and managed services.

Meanwhile, Diebold Nixdorf’s self-service systems will optimize service costs to handle millions of transactions.

The agreement includes nearly 500 self-service devices across 300 branches. The ATMs will run on a DN VynamicTM single software platform which allows the banks to stay connected to their consumers.

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 criticalrn
Michael Wiedeck, chief sales officer at bank99 AG

We’ve reported that 58% of European checkouts have at least 3 basic errors, which could complicate the checkout process for shoppers.

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