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Diebold multivendor software market grows with new certification
June 16, 2016
Diebold Inc has announced that its Vista multivendor ATM software solution has been certified by payment processor Vantiv Inc, expanding the availability of the platform to U.S. financial institutions, the company said in a press release.
"Vantiv is always evaluating best-in-class solutions available to the industry to provide its partners with the most innovative solutions in the market," said Rob Casterline, leader of product and core processing at Vantiv.
"Certification of the Vista multivendor ATM software platform enables financial institutions in the Vantiv network — with Diebold or non-Diebold hardware — to improve their speed-to-market for implementing new self-service capabilities."
Advanced ATM software can help an FI maximize efficiency in its ATM network and gain the flexibility it needs to quickly incorporate security and authentication functionalities such as mobile contactless withdrawals, prestaged transactions and biometrics, the release said.
One of the first FIs to implement Vista ATM software on the Vantiv network was Hawaii State Federal Credit Union.
"[O]ur primary objective is to enable our members to make more secure and convenient transactions at the self-service channel — today and in the future," said Hawaii State FCU President and CEO Andrew Rosen. "Diebold's software enables us to streamline our current operations and quickly incorporate additional features and advanced functionality as we continue to build our network on Diebold's multivendor software platform."
Increasingly, FIs will be seeking out this type of efficiency and flexibility, according to RBR, a research and consulting firm serving the banking industry.
In a recent report, the firm forecast that the multivendor software market would grow nearly 70 percent by 2020.
The same report said that Diebold's share of the current North America multivendor software market grew from 2 percent to 28 percent over the last three years.
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Diebold Nixdorf
As a global technology leader and innovative services provider, Diebold Nixdorf delivers the solutions that enable financial institutions to improve efficiencies, protect assets and better serve consumers.
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