News
Produbanco to install Diebold Nixdorf's DN Series ATMs in Ecuador
November 11, 2019
Produbanco, a commercial bank in Ecuador, is expanding its 15-year relationship with Diebold Nixdorf with the installation of the first of the company's DN Series family of ATMs in Latin America, according to a company press release.
"Integrating the DN Series into our branches is a natural step towards the future of banking," Jose Ricaurte, vice president of retail banking at Produbanco, said in the release. "We are thrilled to be the first financial institution in Latin America to provide this advanced solution to our customers."
Canton, Ohio-based Diebold Nixdorf introduced its DN Series of interconnected ATMs earlier this year. Over the next few months, Produbanco will be adding nearly 70 of the new units to its self-service network, making Diebold Nixdorf its sole provider of ATM systems and software, according to the release.
To optimize cash handling, Produbanco is using the cash recycling capability, which is an integral part of the DN Series' design. The ATMs can securely and accurately accept, validate, store and recirculate cash, which increases efficiency and reduces the frequency that cash-in-transit companies are needed to refill machines, thereby minimizing carbon emissions, according to the release.
Last month, Diebold Nixdorf also announced that Bankmed would be the first lender to install the new ATMs in Lebanon.
