Diebold Nixdorf Recognized by RBR as the Global Leader in Automated Deposit Solutions – PaymentsJournal

NORTH CANTON, Ohio DieboldNixdorf (NYSE: DBD), a global leader in driving connected commerce for thebanking and retail industries, was recently recognized as the global leader inthe automated deposit terminal (ADT) market by strategic research andconsulting firm RBR in its 2019 Deposit Automation and Recyclingstudy.

Automated deposit transactions havebeen growing rapidly over recent years as consumer demand has increased forsecure, real-time deposit transactions. According to RBR, in 2018 the number ofADTs installed globally grew by 4% to reach 1.4 million, and theres a strongpotential for further growth in both emerging and developed markets.

Dominic Hirsch, managing directorat RBR, said: The number of ATMs with automated deposit continues togrow with banks increasingly replacing cash dispensers with higherfunctionality deposit machines. Combined with a growing trend for recyclers,these terminals provide greater convenience for customers by allowing them tomake a deposit any time of the day and are more strategic and efficient forbanks, providing tellers more time for personalized interactions withcustomers. RBR is forecasting that by 2024 more than half of ATMs worldwidewill offer automated deposit functionality.

Cash-recycling technology is a keypiece of the automation puzzle is now taking off in markets where it hadpreviously been overlooked. According to RBRs latest research, many banks nowrank recycling as a basic functional requirement when selecting new depositterminals.

Ulrich Naeher, senior vicepresident, Systems, at Diebold Nixdorf, said: Our banking customers arerealizing the benefits of our automated deposit solutions, including theability to recycle banknotes, which is an integral part of the design of our DNSeries ATMs. The self-service units can securely and accurately accept,validate, store and recirculate cash, which can dramatically reducecash-in-transit visits and reduce costs. The flexible design of the DN Seriesallows our customers to enable recycling with a software update eliminating anydowntime.

About RBR

RBR is a strategic research andconsulting firm with three decades of experience in banking and retailautomation, cards and payments. It assists its clients by providing independentadvice and intelligence through published reports, consulting, newsletters andevents.

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 themajority of the worlds top 100 financial institutions and top 25 globalretailers, our integrated solutions connect digital and physical channelsconveniently, securely and efficiently for millions of consumers eachday.The company has a presence in more than 100 countries withapproximately 23,000 employees worldwide. Visit http://www.DieboldNixdorf.com for more information.

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Diebold Nixdorf Recognized by RBR as the Global Leader in Automated Deposit Solutions

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Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce for the banking and retail industries, was recently recognized as the global leader in the automated deposit terminal (ADT) market by strategic research and consulting firm RBR in its 2019 Deposit Automation and Recycling study.

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Diebold Nixdorf Recognized by RBR as the Global Leader in Automated Deposit Solutions - PaymentsJournal