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Diebold selects new Israeli IAD

The manufacturer has tied up with Afcon Holdings Ltd. in a three-year distribution and authorized service agreement.

December 29, 2015

Diebold Inc. has named Afcon Holdings Ltd. as its new distributor and authorized service partner in Israel. As part of a three-year agreement, Afcon will provide and service Diebold's advanced solutions in the Israeli market.

The alliance will make Diebold technology — including the company's new series of ATMs and digital banking solutions — available to financial institutions in the market, a press release said.

"In addition to our recent opening of a representative office in Israel, our new partnership with Afcon further positions Diebold to support the growth and development of financial institutions in Israel," said Riki Aviv, Diebold vice president and managing director for eastern Europe and Israel.

"We provide unique and inclusive solutions, including managed services, supplying unmanned branches and positioning and operating advanced machines," said Zvika Alfi, CEO of Tadiran Telecom, an Afcon Company. "The partnership with Diebold is a key element of this vision and it allows us to accelerate our business growth by supplying financial institutions in Israel with the most advanced branch automation solutions. Our new independent ATM network will offer a competitive edge by working more efficiently, flexibly and securely through continuous innovation and purposeful adoption of new technologies."

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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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