NORTH CANTON, Ohio — Diebold Inc. has announced plans to launch its family of deposit automation solutions with the newly developed Enhanced Note Acceptor, a cash-accepting device for ATMs.
According to a news release, the ENA, which was designed in-house by Diebold, helps reduce operating expenses at the self-service channel. Diebold's deposit automation solutions include cash recycling, the company's trademarked Intelligent Depository Module, ImageWay and the bulk-note acceptor.
Retail Banking Research Ltd. says deposit automation is one of the world's fastest-growing new banking technologies, because it offers multiple conveniences and advanced functionality. RBR estimates the number of deposit-automated ATMs across 26 countries more than quadrupled from 2003 to 2007, when the placement of those advanced-function ATMs exceeded 96,000. The study predicts market demand will continue to grow to as many as 670,000 deposit-automated ATMs deployed by 2018.
Diebold's ENA enables the deposit of up to 50 mixed-denomination notes in an envelope-free transaction that authenticates and validates deposits. Diebold designed the ENA with a user-friendly interface for a streamlined customer experience. The ENA module further enhances the flexibility of Diebold's full-function Opteva terminals and is offered as a standard feature or as an on-site field upgrade.
"The ENA's proprietary design, which features superior reliability, is a direct result of input from our customers, Diebold's technicians in the field as well as our cash-in-transit service partners, to ensure this module meets financial institutions' most critical needs," said Charles E. Ducey, senior vice president of global development and services for Diebold. "As an important addition to our total deposit automation solution, Diebold's ENA design is grounded in years of deposit automation and technology expertise to offer financial institutions a higher return on investment by boosting operational efficiencies."
