News

PDNB to provide cash reconciliation for 7-Eleven's Vcoms

April 18, 2004

PALM DESERT, Calif. - PDNB-Electronic Banking Solutions, a division of Palm Desert National Bank of California, has signed an agreement with 7-Eleven, Inc. (NYSE: SE) to be the exclusive provider of cash balancing and reconcilement services for the retail chain's Vcom kiosks, advanced function terminals that offer services such as check cashing, money order purchases and bill payment in addition to ATM capabilities.

The convenience store chain will utilize PDNB-Electronic Business Solutions' proprietary cash management software, Trakker.

"PDNB is very excited to be working with 7-Eleven, especially given their reputation as pioneers in delivering advanced kiosk functionality for consumers," said Sandra Hartfield, president and chief executive of the Electronic Banking Division.