Automatia opts for CINEO cash recycling systems

Automatia opts for CINEO cash recycling systems
Tags: Bank Automation, Cash Dispenser / Recycler / Acceptor, Central and Eastern Europe, Deposits / Check 21, Vault Cash / Cash Management, Wincor Nixdorf International
May 25, 2012

Wincor Nixdorf today announced that Finland’s largest ATM network operator, which currently provides cash withdrawal to nearly all Finnish bank customers, will broaden its self-service solutions to include automated deposit ATMs.

Automatia Pankkiautomaatit Oy, plans to roll out CINEO cash recycling systems with coin processing modules from Wincor Nixdorf. The company will also provide maintenance for the new Automatia ATMs.

Automatia will initially install the solution at 20 locations, with deployment across its full fleet of 1,650 machines to follow in 2013 and 2014. By installing cash recycling systems, the company aims to reduce the costs and labor involved in handling cash for its bank customers, a Wincor Nixdorf press release said.

For more on this topic, visit the bank automation research center.

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