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Tag: Automation

Stay updated with insights on automation at PaymentsJournal. Explore trends, news, and expert analysis on the role of automation in enhancing efficiency in payments and financial services.

NORTH CANTON, Ohio – 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. Automated deposit transactions have been growing rapidly over recent years as consumer demand has increased for secure, real-time deposit transactions. According to RBR, in 2018 the number of ADTs installed globally grew by 4% to reach 1.4 million, and there’s a strong potential for further growth in both emerging and developed markets. Dominic Hirsch, managing director at RBR, said: “The number of ATMs with automated deposit continues to grow with banks increasingly replacing cash dispensers with higher functionality deposit machines. Combined with a growing trend for recyclers, these terminals provide greater convenience for customers by allowing them to make a deposit any time of the day and are more strategic and efficient for banks, providing tellers more time for personalized interactions with customers. RBR is forecasting that by 2024 more than half of ATMs worldwide will offer automated deposit functionality”. Cash-recycling technology is a key piece of the automation puzzle is now taking off in markets where it had previously been overlooked. According to RBR’s latest research, many banks now rank recycling as a basic functional requirement when selecting new deposit terminals. Ulrich Naeher, senior vice president, Systems, at Diebold Nixdorf, said: “Our banking customers are realizing the benefits of our automated deposit solutions, including the ability to recycle banknotes, which is an integral part of the design of our DN Series ATMs. The self-service units can securely and accurately accept, validate, store and recirculate cash, which can dramatically reduce cash-in-transit visits and reduce costs. The flexible design of the DN Series allows our customers to enable recycling with a software update eliminating any downtime.” About RBR RBR is a strategic research and consulting firm with three decades of experience in banking and retail automation, cards and payments. It assists its clients by providing independent advice and intelligence through published reports, consulting, newsletters and events. 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 23,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.

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

by PaymentsJournal

February 18, 2020

NORTH CANTON, Ohio – Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce for the banking and retail ...

Fintech Trends Everyone Should Look For in 2020

February 12, 2020

2020 is unofficially considered a defining year for various reasons. Tons of estimations on the growth of industries and sectors ...

Using Boost Intercept to Improve Commercial Card Use and Acceptance

Using Boost Intercept to Improve Commercial Card Use and Acceptance

by PaymentsJournal

January 14, 2020

Paying bills is a central part of life for consumers and businesses alike, but for businesses, the bill paying process ...

The Business Case for AP Automation: Why You Should Fix Broken Things Now

by Ron Nachmann

December 18, 2019

Selling accounts payable automation internally to CFOs has become a recent topic of discussion online among this group. CFOs are ...

PSCU Optimizes Contact Center Experience with Jacada

by PaymentsJournal

December 16, 2019

PSCU, the nation’s premier payments credit union service organization (CUSO), today announced the deployment of desktop automation through its partnership ...

online shopping, online payments

Building the Long-Missing Value Layer of Online Payments

December 11, 2019

In an increasingly cashless society, the way many of us interact with our money is primarily digital, online payments. In ...

https://www.paymentsjournal.com/bad-moon-rising-large-issuers-fine-small-issuers-stress/

Trouble Paying That Credit Card on Time? Make it Automatic

by Pete Reville

December 10, 2019

Consumers are getting better at paying their credit card bills than they have been, largely because of an increase in ...

B2B Payments Digital collections, B2B fintech innovation, PayStand SuiteCloud B2B payments

Manual B2B Payments Aren’t Broken, but It’s Time to Move On

by Steve Murphy

December 4, 2019

This PaymentsSource blog offers a prescription of sorts for payables folks who are challenged with obtaining CFO approval to invest ...

Why Risk Management In Finance Is A Tech Matter - PaymentsJournal

Why Risk Management In Finance Is A Tech Matter

by Paul Matthews

November 27, 2019

Finance as a whole has definitely changed in the past couple of years. The usage of different, much faster applications ...

Autonomous Store Checkout Systems On Fast Track

Amazon Go To Go Big In Autonomous Checkout?

by Raymond Pucci

November 21, 2019

Invest in technology, pilot and prove the system concept, and then expand the market presence and consumer adoption. This is ...

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