Innovation

Diebold Nixdorf strikes $20M partnership with Austrian bank

June 11, 2020

 Diebold Nixdorfis deploying and managing 500 ATMs throughout 300 branches for bank99, an Austria-based company that launched earlier this year as a joint venture between the Austrian Post and the GRAWE Banking Group. As part of their six-year, $20 million agreement, the ATMs will run on Diebold's software platform, DN Vynamic, Neil Emerson, senior vice president and managing director of Banking Eurasia at Diebold Nixdorf, said in a company press release,

"Our new partnership with bank99 demonstrates how we can provide an enhanced solution to optimize bank99's individual digital banking ATM network, powered by our global standard services platform and standard processes," Emerson said in the release. "Through our ATM as a Service program, we can optimize their internal operations, minimize the total cost of ownership and continually enhance the consumer experience."

From nearly 1,800 service points, Bank99 offers access to cash recycling, customer service terminals and cash-dispensing ATMs. 

"We had a vision that our clients would have access to our differentiated offerings through one connected channel," Michael Wiedeck, chief sales officer at bank99 AG, said in the release. "With Diebold Nixdorf, we now have the resources and the business partnership to turn that vision into a reality at optimal cost to operate. As a banking start-up in the 21st century, the ability to scale our digital retail banking offering to our Austrian customers in many remote locations is not only valuable but also absolutely critical."