The company says it will provide 800 new ProCash 280 ATMs and assume responsibility for maintenance and management of the FI's entire system.
The agreement is intended to advance collaboration and synergy between the associations, strengthening the industry in the region.
The realignment, which takes effect immediately, will result in improved efficiency and customer service, the company says.
Themed "The Future of ATMs in Latin America," the event will explore ways to better secure, operate and enhance the ATM channel in the region.
International MasterCard cardholders can now instantly view, select and manage the conversion to their home currency of Mexican peso amounts dispensed at Scotiabank Mexico ATMs.
The technology will allow Banco del Pacifico to expand into underbanked regions by reducing the frequency and cost of cash replenishment visits.
A new report indicates that small-denomination banknotes might be making a big dent in the lifespan of the nation's ATMs.
The extended uptime of cash recycling ATMs allows the Saque e Pague network to deploy terminals in remote areas that previously were uneconomical to service.
The solution eliminates the time and expense of manual key-loading at the ATM with a two-person team.
The new agreement among Brazilian FIs will improve ATM access for travelers attending the 2016 Olympics in Rio de Janiero.
Bradesco, one of the largest financial institutions in Brazil, will begin piloting new technology from NCR Corp. that allows immediate accountholder credit for cash deposits made at the ATM. The new technology will eliminate the use of envelopes for cash...
Banco Pichincha, Ecuador's largest financial institution, is testing cash-recycling technology in a pilot effort with GRGBanking. The project represents GRG's first foray into the Ecuadoran market. A news release from GRG said that the manufacturer's H68N cash recycler series has...
In an effort to reach the three-quarters of Peruvian adults who are currently unbanked, the country's principal FI is embarking on an ambitious plan to install more than 1,000 new ATMs.
Barely more than a week away from the start of 2014 FIFA World Cup Brazil, Banco do Brasil Americas and payment processor i2c Inc. have launched a multi-currency prepaid MasterCard. According to a news release from Silicon Valley-based i2c press...
In 2013, approximately 170 million un- or underbanked adults lived in South America, providing ample incentive for banks there to support financial inclusion and the growth of electronic payments, according to Mercator Advisory Group. But increasing the number of consumer...