SEATTLE -- CashPoint, an ATM advertising company that has worked with Wells Fargo and other high-profile clients, has signed an agreement with Diebold, Incorporated (NYSE: DBD) for the development of software that will enable financial institutions with Diebold ATMs to fully participate in the CashPoint Select network.
CashPoint Select is a content management system that allows financial institutions to deliver customer-specific, targeted content for viewing at different stages of the ATM transaction.
The Diebold-developed software will enable ATMs to communicate with the CashPoint Select network and provide real-time multimedia content for the ATM customer along with coupons. CashPoint Select can be used with a bank or credit union's current ATM network infrastructure and does not affect the flow of financial transactions between the terminal and the host processor.
CashPoint is currently certifying CashPoint Select in their laboratories for three major financial institutions, with plans to rollout more than 1,000 ATM locations by the end of the first quarter of 2001.
"This is a major step in facilitating the rollout of CashPoint Select," said J.J. Manning, CashPoint's CEO.
"The interface to CashPoint Select is another example of the flexibility of the open systems capability that Diebold ATMs provide," said Bill Aitken, vice president of systems integration and services at Diebold.
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