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Diebold's banking-outsourcing tool now used on six continents

December 21, 2008

NORTH CANTON, Ohio — With the massive restructuring of global banking markets, financial institutions across the world are turning to ATM outsourcing, which is now a $14 trillion industry, according to Dunn & Bradstreet.  Diebold Inc. is taking advantage of the outsourcing trend by signing new customers on six continents and launching a downloading electronic reference guide for FIs interested in learning more about outsourcing.
 
According to a news release, Diebold created the e-book to provide an easy-to-access source about outsourcing, to help FIs assess whether the strategy could be viable for them. The e-book has been downloaded numerous times, Diebold says, by FIs from throughout the world.
 
"This clearly is an indication of high interest in outsourcing, in North America, Latin America, and in Europe, the Middle East and Africa," said Charles E. Ducey, senior vice president of global development and services for Diebold. "More than ever, financial institutions must focus on strategic initiatives that grow their customer base and protect their assets.  Outsourcing enables them to do that more effectively."
 
Diebold says interest in outsourcing has intensified in the United States, because of the Troubled Asset Relief Program, which outlines the anticipation of recapitalization requirements and the need to control capital spending. As a result, Diebold chose to release its outsourcing message via an e-book.

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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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