News

IBM, Wincor Nixdorf, Jack Henry team to offer ATM solutions

March 1, 2004

LAS VEGAS - IBM has teamed with business partners Jack Henry & Associates, Inc. and Wincor Nixdorf to deliver advanced Web-enabled ATM solutions to community and regional financial institutions.

The solutions feature Henry's PassPort EFT switch technology, Wincor Nixdorf's ATM hardware and software, and implementation and maintenance through IBM Global Services.

According to a news release, the solutions will make financial institutions compliant with industry requirements for Triple DES, as well as an requirement for audio capabilities at ATMs expected to soon be added to the Americans with Disabilities Act.

The new offering from IBM is not only focused on giving financial institutions the ability to be compliant but also extending their ability to be competitive by offering new advanced functionality and services through their ATMs.

Jack Henry, a Premier Business Partner who has teamed with IBM to deliver integrated solutions to more than 1,800 banks and credit unions, will assist customers with the integration of the new advanced ATM technology into their institutions.

The front end of the new solution will feature Wincor Nixdorf's advanced ATMs such as the PC1500xe cash dispenser, PC2150xe through-the-wall full function ATM and PC2250xe drive-up ATM.

Two clients have already placed orders for the new IBM/Wincor Nixdorf solution, Susquehanna Bancshares, Inc., a Pennsylvania-based financial services holding company, and Michigan First Credit Union.

"Multiple industry issues are forcing us to look at areas where we can invest in solutions that are not only compliant but also will give us an edge in an increasingly competitive marketplace," said William Reuter, chairman, president and chief executive  of Susquehanna Bancshares, in the release.