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Wincor Nixdorf's bulk-deposit tech named one of industry's 'most innovative'
November 11, 2007
AUSTIN, Texas - Wincor Nixdorf International's bulk-check deposit ATM, which allows consumers to deposit up to 50 checks or notes at once without an envelope, has received Bank Technology News' Innovator Award.
The annual awards recognize 25 of the financial-services industry's most innovative people, companies and technologies.
In announcing Wincor Nixdorf's bulk-check deposit ATM as an Innovator Award winner, John Adams of Bank Technology News wrote, "In the cultural vernacular, ATMs are still often regarded merely as -˜cash machines,' a nod to what they used to be and what's still perceived as their primary function. Not for long. Wincor Nixdorf is turning that perception around in part by allowing bulk deposits."
There are currently more than 10,000 Wincor Nixdorf bulk-check deposit ATMs installed worldwide, delivering a wide range of bottom-line benefits, including immediate availability of deposited funds and greater convenience for consumers, as well as lowering transaction costs and check fraud.
The award will be presented to Wincor Nixdorf on Nov. 12 during BAI's Retail Delivery Conference & Expo.
Banking Executive SummaryDepositsTrends / StatisticsManufacturersComponentsOtherNorth AmericaPublic CompaniesBank / Credit UnionWincor Nixdorf International
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