News
S African bank opts for Diebold Opteva ATMs
November 19, 2012
Capitec Bank of South Africa has announced that it will deploy Diebold Inc. Opteva 328 cash-recycling ATMs. The Opteva will allow users to perform advanced transactions involving notes, coins and checks, as well as all standard ATM functions, in one machine.
Diebold's cash recycling ATMs automate note and coin validation, improving transaction flow and security, and helping to migrate transactions from the teller line to the self-service channel.
Additionally, the new cash recycling ATMs will soon be equipped with fingerprint recognition technology, using a tiered biometric security approach to help mitigate card skimming. Capitec card customers can choose whether to perform transactions using fingerprint verification or their bank card. Both transactions will require dual authentication.
"Capitec Bank has been a valued customer for more than a decade, and we are excited it is the first bank in South Africa to deploy ATMs featuring advanced transaction functionality and fingerprint recognition technology in a single machine," said Dave Wetzel, vice president and managing director of Diebold Europe, Middle East and Africa.
"Diebold's Opteva ATMs will allow Capitec Bank to improve their branch efficiencies, while offering convenience, security and better outcomes for end users."
"Our clients will benefit from Diebold's cash recycling ATMs by having the ability to make advanced transactions, such as coin deposits," said Riaan Stassen, CEO at Capitec Bank. "This provides our clients with more control over their money and added convenience since these transactions can be performed at the self-service channel."
For more on this topic, visit the installation/deployment research center.
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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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